Malaysian Islamic Bank Merger ‘Always on Table’

Malaysian Islamic Bank Merger ‘Always on Table’
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Digital Banking Opportunities in Vietnam and Indonesia

Raja Teh Maimunah, CEO of Hong Leong Islamic Bank, in an interview with Bloomberg stated that Malaysian Islamic banks need to merge to achieve economies of scale, and that the prospects of a possible merger are always on the table. She also explains the potential for growth in digital payments, especially in Vietnam and Indonesia as well as witnessing slower growth in Malaysia.