As the first Islamic digital bank in Malaysia, AEON Bank has formally launched its digital banking platform.

The goal of AEON Bank, according to its representatives, is to give all Malaysians access to digital financial services that adhere to Shariah. These products and services include retirement savings programs, savings accounts, loans, and payment processing. Banking representatives emphasized a commitment to complete financial services during a press conference conducted in connection with the public launch event. The goal is to improve financial accessibility for all sectors of society.

Over 1,800 people participated in the fruitful beta testing phase, which lasted 12 weeks and confirmed the platform's reliability while gathering helpful input for future enhancements.

The largest retail conglomerate in Japan, Aeon Group, is the parent company of Aeon Financial Service Ltd and Aeon Credit Service (M) Bhd, who have partnered to form Aeon Bank. Furthermore, Bank Negara Malaysia granted an Islamic digital bank license to a consortium headed by KAF Investment Bank Sdn Bhd. Consortiums including Boost Holdings Sdn Bhd and RHB Bank Bhd, GXS Bank Pte Ltd and Kuok Brothers Sdn Bhd, and Sea Ltd and YTL Digital Capital Sdn Bhd are among the other beneficiaries of digital banking licenses.

AEON Bank intends to concentrate on growing and improving the availability of its suite of products to its retail and wholesale members, as well as ecosystem partners, in the future.

Auto dealers, retailers, landlords, suppliers, and other parties are among them. In addition, AEON Bank's support of digital technology is expected to make it easier for the AEON Group as a whole to introduce new, safe, and effective goods. Enhancing the value offer for a wide range of users and clients, as well as ecosystem partners and collaborators, is the goal of introducing innovative solutions.