KUALA LUMPUR: The Association of Banks in Malaysia (ABM) has announced the addition of GX Bank Bhd and Boost Bank Bhd as new members, marking a pivotal moment in Malaysia’s banking industry.

According to BERNAMA News Agency, ABM stated that this milestone highlights its commitment to fostering a vibrant, inclusive banking environment that embraces digital innovation alongside traditional banking values. Its executive director, Dr Amina Kayani, mentioned that the inclusion of these banks signals a shift towards a banking ecosystem uniting ‘traditional’ and digital banking entities in their purpose.

Dr Amina Kayani expressed that welcoming GX Bank and Boost Bank to the ABM family is both an honour and a timely step forward in the journey toward an inclusive and forward-thinking banking sector. She emphasized that their membership aligns with ABM’s 50th-anniversary celebrations, representing a new chapter where digital and traditional banks collaborate to enhance Malaysia’s financial landscape.

Amina further
noted that by fostering collaboration across this spectrum, ABM is strengthening an industry that remains adaptable, resilient, and focused on meeting the diverse needs of society. She expressed excitement about the contributions these digital players will bring in advancing financial inclusion, customer-centric innovation, and sustainable growth for the benefit of all Malaysians.