RHB Plans To Launch Digital Bank In 2023

RHB Bank Bhd is looking to launch its digital banking platform! This is expected to take place as early as the second half of next year, following its successful application for one of the five digital banking licenses offered by Bank Negara Malaysia (BNM), through a consortium partnership with Boost Holdings Sdn Bhd, an arm…

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UOB To Own Citi’s Consumer Banking Business Effective 1 November 2022

*Updated on 1 Nov 2022 UOB today announced the completion of the acquisition of Citigroup’s consumer banking businesses in Malaysia and Thailand. Completion of the acquisition of Citigroup’s consumer banking businesses in Indonesia and Vietnam is planned for 2023. The consumer businesses comprise Citigroup’s unsecured and secured lending portfolios, wealth management, and retail deposit businesses….

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