Small and medium enterprises (SMEs) will be the biggest beneficiaries of digital banks as they contribute half of Malaysia’s GDP as well as the working population. According to Professor Nafis Alam from the School of Business, digital banks will also take a more borrower-centric approach to financing needs in contrast with traditional incumbents. “They will offer tailored customer solutions, fast approval and disbursement of funds, simplified lending management and competitive pricing,” he said. Click to read the article: https://themalaysianreserve.com/2022/03/21/smes-to-benefit-the-most-from-digital-banks/
Posted 2 years ago
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