YTL-Sea Digital Bank awaiting BNM regulatory approval for launch
YTL-Sea Digital Bank issued regulatory approval pending affecting Bank Negara Malaysia on October 5, 2024.
- Primary
- YTL-Sea Digital Bank
- Counterparty
- Bank Negara Malaysia
- Structure
- regulatory approval pending
- Date
- October 5, 2024
- Sub-sector
- Neobank
Malaysian neobank seeking central bank approval to launch operations; internal launch expected imminently with public rollout planned for January 2025.
Source: thesun.my