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BRIEF-Grab-Led Digibank Consortium Selected To Receive Malaysia Digital Banking Licence

reuters.com · 04/29/2022 07:29
BRIEF-Grab-Led Digibank Consortium Selected To Receive Malaysia Digital Banking Licence

- Grab Holdings Ltd GRAB:

  • GRAB-LED DIGIBANK CONSORTIUM SELECTED TO RECEIVE MALAYSIA DIGITAL BANKING LICENCE

  • GRAB HOLDINGS - CO, SINGTEL SAID GXS BANK PTE. LTD. AND CONSORTIUM OF MALAYSIAN INVESTORS SELECTED TO RECEIVE FULL DIGITAL BANKING LICENCE IN MALAYSIA

  • GRAB HOLDINGS LTD- SUBJECT TO REGULATORY APPROVALS, DIGITAL BANK JOINT VENTURE WILL HOLD A 55.45% STAKE IN PROPOSED MALAYSIA DIGITAL BANK

Source text for Eikon: ID:nBw214GlZa

Further company coverage: GRAB


((Reuters.Briefs@thomsonreuters.com;))