GXBank, a subsidiary of GXS Bank and the digital bank joint venture between Grab and Singtel, has received the approval to commence operations from the Minister of Finance and Bank Negara Malaysia (BNM) ahead of the April 2024 deadline set by BNM for the approval of digital brank licenses. GXBank is
GX Bank Berhad is the first of five digital bank licence applicants to obtain approval to commence operations in Malaysia. Read more at straitstimes.com.