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Affin Hwang Investment Bank says winners of the five digital banking licences are likely to have partners with deep pockets and established connection.

Krung thep mahanakhonSouth africaEast malaysiaMalaysia generalSouth africanBank axiata groupSunway holdingsSingapore telecommunications ltdProsper palm oil millNational cooperatives movement of malaysiaTyme bankBoustead holdingsJapan aeon financial services coChina tencent holdingsBangkok bankAffin hwang investment bank