Digital-Banking Development Is Essential for Boosting Financial Inclusion in ASEAN

By John Manning, International Banker

“Bank Negara Malaysia (BNM) wishes to announce the five successful applicants for the digital bank licences as approved by the Minister of Finance Malaysia,” Malaysia’s central bank declared on April 29. The granting of the first five digital-banking licenses in the country from a total of 29 applicants meant that Malaysia had become just…