Paving The Way For Virtual Banks
Young-Suk Kim, Partner, Financial Services Advisory, EY Korea
20-Jun-19 11:00
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Bank Negara Malaysia (BNM) aims to come out with the virtual bank licensing requirements by the end of this year and looking to issue up to 3 licenses. What does this mean for us consumers, traditional FSI players, and the overall impact to the financial sector? More importantly, what exactly is a virtual bank and how should Bank Negara Malaysia approach this sector? We speak to YS Kim from EY Korea about the challenges and opportunities, as well as the road ahead for virtual banks to blossom in Malaysia.
Produced by: Jeff Sandhu
Presented by: Jeff Sandhu
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Categories: Personal Finance, Investments, Financial Literacy, Young Finance, Personal Development, Entrepreneurship, Tech
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