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The Business Station
Conventional Vs. Digital, Which Banks Will Win In Malaysia?
8 mins·09:15, 28 Sept 2021
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Conventional Vs. Digital, Which Banks Will Win In Malaysia?
8 mins
·
09:15, 28 Sept 2021
·
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Bank Negara Malaysia will announce the 5 digital banks in the 1st quarter of 2022. It's a very crowded race with 29 applicants but what does this mean for conventional banks? Will they see an erosion of market share and profitability? Clement Chua, Senior Equity Analyst of Kenanga Group gives us his views whilst telling us his top picks for the sector.
Image credit: Shutterstock.com
Presenter: Wong Shou Ning, Philip See
Producer: Moh Heng Ying
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