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Conventional Vs. Digital, Which Banks Will Win In Malaysia?

Clement Chua, Senior Equity Analyst, Kenanga Group

28-Sep-21 09:15

Conventional Vs. Digital, Which Banks Will Win In Malaysia?

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

Produced by: Moh Heng Ying

Presented by: Wong Shou Ning, Philip See


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Categories:  Business AnalysisTrends and ForecastsMarketsPoliticsSocial IssuesPersonal FinanceInvestmentsFinancial Literacylaw & legal matters

Tags:  Digital bankingConventional bankingMalaysiaBanking sectorOutlookPerformance


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