Skip to content
Marketech APAC
  • About Us
  • Reports
  • Events
  • Contact Us
SUBSCRIBE
  • MARKETING
  • TECHNOLOGY
  • PLATFORM
  • SME
Marketing Southeast Asia
No posts found

AEON Bank gets nod from authorities to operate, becomes Malaysia’s first digital Islamic bank

by Aliza Carmona

-

January 9, 2024

Malaysia – AEON Bank Berhad announced it has officially gained approval from Bank Negara Malaysia (BNM) and the Ministry of Finance to commence its digital banking operations in Malaysia, making it the country’s inaugural Islamic digital bank.

The approval granted to the Bank is pursuant to BNM’s validation of its operational readiness. AEON Bank is an associate company of AEON Credit Service Berhad and a subsidiary AEON Financial Service Co., Ltd.

Now with a ‘go-signal’ from the authorities, AEON Bank will work on forwarding its advocacy of digital technology, facilitating the introduction of new and innovative products for the AEON Group, and enhancing the overall proposition for its diverse customer base and partners.

The Bank also aims to further its commitment to promoting financial inclusion by extending financial services to individuals and small businesses that do not have access to funding. Additionally, it plans to prioritise financial literacy and education initiatives to empower consumers with the knowledge and tools to make informed financial decisions.

AEON Bank is planning to unveil the phased rollout of its new application in the first half of the year. It will first conduct an exclusive beta testing phase with AEON Group employees.

Raja Teh Maimunah, chief executive officer at AEON Bank, said, “Our core mission is to advance the promotion of financial inclusion and Islamic banking. As part of Malaysia’s most recognised retail household brands, we aim to provide accessible, inclusive, and Shariah-compliant digital banking solutions to our AEON Group of customers as well as to all Malaysians. It is our intent to empower our communities with access to digital financial services that are simplified, safe, and secure.”

Meanwhile, Daisuki Maeda, managing director of AEON Credit, also added, “This momentous occasion marks a significant leap forward in redefining financial services provided by the AEON Group and reaffirms our commitment to continuing our support for financial inclusivity.”

“As AEON Group Malaysia celebrates 40 years of trust, we see AEON Bank as an opportunity to provide more to our loyal customers and business partners who have been the bedrock of our success,” he emphasised.

Related Tags Malaysia Digital Bank AEON Bank BNM
Share this article

Related Articles

View All
Grab, Singtel’s digital bank GXBank gets approval to commence Malaysian operations
Platforms Southeast Asia
Grab, Singtel’s digital bank GXBank gets approval to commence Malaysian operations
September 6, 2023
By Teddy Cambosa
MBSB-Bank-and-MBCS
Marketing Featured Southeast Asia
MBSB Bank observes Malaysian spirit in new national celebration campaign
August 24, 2022
By Jean Cabico
Bank-Islam-Be-U
Marketing Featured Southeast Asia
Bank Islam Malaysia launches cloud-native digital bank ‘Be U’
July 20, 2022
By Jean Cabico
Alliance-Bank-Malaysia's-Digital-SME
SME Featured Southeast Asia
Alliance Bank launches new digital loan solution to support SMEs in Malaysia
June 6, 2022
By Jean Cabico
Grab-Malaysia-MRANTI-Klean
Platforms Featured Southeast Asia
Grab ties with KLEAN, MRANTI to promote recycling in Malaysia
May 27, 2022
By Jean Cabico
MoneyLion-led digital bank earns nod to operate in Malaysia
Marketing Featured Southeast Asia
MoneyLion-led digital bank earns nod to operate in Malaysia
May 26, 2022
By Christian Calma
No posts found

Featured Articles

View All
MARKETECH APAC officially announces first roster of speakers for “What’s NEXT 2024” conferences in SG, PH
Marketing Featured Southeast Asia
MARKETECH APAC officially announces first roster of speakers for “What’s NEXT 2024” conferences in SG, PH
January 4, 2024
By Teddy Cambosa
NewWNCONF
Marketing Featured Southeast Asia
MARKETECH APAC completes “What’s NEXT” hybrid conference series with launch in Singapore, Philippines
November 3, 2023
By Teddy Cambosa
PH marketing leaders to explore what’s next for customer engagement and strategies in 2024
Marketing Featured Southeast Asia
PH marketing leaders to explore what’s next for customer engagement and strategies in 2024
October 25, 2023
By Brandon Yulolo
Programmatic-WN-_1_
Technology Partners Global
What's NEXT: The programmatic supply chain for 2024
October 9, 2023
By MARKETECH APAC
It’s Time To Activate Your New Programmatic Supply Chain
Technology Partners APAC
It’s time to activate your new programmatic supply chain
October 5, 2023
By MARKETECH APAC
How the New Zealand on-ground activation scene aims to regain momentum in a post-pandemic time
Marketing Featured ANZ
How the New Zealand on-ground activation scene aims to regain momentum in a post-pandemic time
September 8, 2023
By Teddy Cambosa
No posts found

Most Recent Articles

Coca-Cola to launch Foodmarks campaign in Singapore as part of ‘Food Fest Zone’ at GastroBeats 2025
Coca-Cola to launch Foodmarks campaign in Singapore as part of ‘Food Fest Zone’ at GastroBeats 2025
May 27, 2025
Fatima Baduria
No posts found
McCann Worldgroup appoints Arthur Tsang as CCO for Greater China
May 27, 2025
Aliza Carmona
FreeWheel, Innity forge partnership to boost premium CTV, online video advertising across SEA, Hong Kong
May 27, 2025
Fatima Baduria
Zenith China elevates three senior leaders to strengthen strategic vision and drive growth
May 27, 2025
Aliza Carmona
Marketing consultancy -lution taps Mike Worden as chief media officer
May 27, 2025
Fatima Baduria
Schweppes delivers a remix of culture and convenience in new campaign with Blinkit
May 27, 2025
Aliza Carmona
No posts found

Subscribe Now

Agreement(Required)
This field is for validation purposes and should be left unchanged.
Marketech APAC
We deliver the latest marketing news, trends, and best practices that serve everyone in the industry whether you’re from small or big enterprises.

Office

14i Seville Tower, Circulo Verde Phase 1, #70 Calle Industria, Brgy. Bagumbayan, Quezon City, 1100 Philippines +63 917 319 5762
+63 917 319 5762

Follow Us

Facebook Linkedin Youtube Spotify

Content Pillars

  • Marketing
  • Technology
  • Platforms
  • SME

The Publication

  • About Us
  • Contact Us
  • Terms and Conditions
  • Privacy & Cookie Policy
  • Events
  • Reports

Geographical Scope

  • South East Asia
  • East Asia
  • ANZ
  • SouthAsia
  • APAC
  • Global

Events

What's NEXT in Marketing Series
  • Singapore
  • Philippines
  • Hong Kong
  • Indonesia
  • Malaysia
Retail & E-Commerce Innovation Series
  • Malaysia
  • Philippines
Advertising Technology Asia Series
  • Philippines
  • Singapore
Awards
  • Empowered Women Awards
  • Marketing Technology Awards
  • NEXT Awards
  • Indonesia
  • Philippines
  • Malaysia
  • Singapore & APAC

Join our APAC marketing community

Subscribe to our newsletters to get the latest marketing news in the region.

Agreement(Required)
This field is for validation purposes and should be left unchanged.
© 2025 MARKETECH APAC. All rights reserved.
We use cookies to improve your experience and to analyse our traffic. To find out more, please click here. By continuing to use our website, you accept our Privacy Policy and Terms & Conditions. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
Home
About Us
Write for Us
Contact Us
Subscribe
Facebook Linkedin