KUALA LUMPUR: Green Packet Bhd said wholly owned Oasis Capital Investment Bank (OCIB) has been awarded the conditional investment bank licence from the Labuan Financial Services Authority (LFSA) today. With the conditional licence, OCIB will begin fulfilling operational conditions such as setting up the required processes and technology platforms in accordance with regulatory requirements. Green Packet said OCIB is eyeing to become "an innovative forerunner in Southeast Asia’s offshore neobank scene." Green Packet’s entry into the sector comes on the back of shareholders’ approval of Green Packet’s diversification of business into the area of investment at the recent EGM. We see tremendous potential in this space and will strive to help our clients to benefit from this transformational technology,” said Tan.
