NEWS: Sunway Property banks on sustainability & tech
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Angkasa Identifies Strategic Partners In Its Bid For Digital Bank Licence
(Image: Berita Harian/Nurul Shafina Jemenon)
The National Co-operative Movement of Malaysia (Angkasa) has expressed interest in vying for one of the five digital bank licences offered by Bank Negara Malaysia (BNM). To do so, it has identified more than 10 conglomerates and major cooperatives in the country as its strategic partners.
According to the president of Angkasa, Datuk Abdul Fattah Abdullah, these strategic partners include telecommunications and finance companies. Each of them possesses strengths that can support Angkasa’s application for the licence, thereby giving the cooperative movement a significant edge.