Maybank could be in the running for digital banking licences
It is working on a value proposition before deciding whether to take the plunge
Add BT as a preferred source
Singapore
MAYBANK Singapore could be in the running for one of the five digital banking licences up for grabs, and is in talks with its head office in Malaysia on the matter, revealed Alvin Lee, Head of Community Financial Services Singapore and Group Wealth Management, Maybank.
As of now, all its options are on the table, including whether to do it solo through the existing Internet-only bank framework, or to apply for the digital full-bank licence or the digital wholesale bank licence with a partner.
TRENDING NOW
ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land
15-month wait-out curb lifted for private property owners buying HDB resale flats
Mortgagee-sale listings hit six-year high in H1 2026 as financing conditions tighten
Knight Frank winds down real estate agency unit, agents to move to OrangeTee & Tie
