Friday, August 1, 2025
  • Hype
  • Murai
  • Lipstiq
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Banking

MBSB To Enhance Its Banking Digitalisation With Help From CelcomDigi

The newly inked partnership enables both parties to explore opportunities in end-to-end smart banking solutions.

by Heirul Kamel
January 26, 2023
MBSB CelcomDigi Merger Partnership

Image: MBSB Bank

107
SHARES
Share on FacebookShare on Twitter

MBSB today has announced the signing of a Memorandum of Understanding (MOU) with communications giant CelcomDigi. According to the local Islamic bank, the move is part of its continuous digitalisation efforts to future-proof its banking operations, as well as enrich customers’ experiences.

For the uninitiated, MBSB Bank was established back in 2018, as part of a merger between non-bank lender Malaysia Building Society Bhd (MBSB) and foreign-owned Asian Finance Bank Bhd (AFB). The formation resulted in a new full-fledged Islamic bank, one of 16 that are available in Malaysia.

Meanwhile, CelcomDigi is the more recent of the two, with its full establishment only completed back in December of last year. Though new, its formation actually consists of two longest running telco giants in the country, namely Celcom and Digi.

MBSB x CelcomDigi MoU - Image
MBSB Bank CEO Datuk Nor Azam M. Taib (left) and CelcomDigi CEO Datuk Mohamad Idham Nawawi (right) [Image: MBSB Bank / CelcomDigi]
Both parties stated that this newly established partnership will allow them to explore opportunities in end-to-end smart banking solutions such as comprehensive services for cyber security, smart retail solutions financing, and cloud infrastructure technology. In addition, MBSB Bank and CelcomDigi also intend to further collaborate on finding new commercial opportunities and “joint go-to-market activities” that will benefit both their customers and employees.

“Partnering with CelcomDigi is certainly a key milestone especially in an industry like ours which has become increasingly competitive due to technological advances, hence it is our hope that working strategically with a market leader can accelerate our progress in that space,” said the bank’s chief executive officer Datuk Nor Azam M. Taib in the press release. He added that MBSB plans to establish industrial Internet of Things (IoT) solutions as part of its business financing, as well as focusing on green tech adoption, automation, and quality assurance. Further, also on the table is the bank’s intention to leverage on cloud technology to advance its digital capabilities, which would help increase its competitiveness level.

CelcomDigi
Image: CelcomDigi

On the other hand, CelcomDigi’s own CEO Datuk Mohamad Idham Nawawi expressed that the company has the right expertise and resources that will help advance MBSB Bank’s digital capabilities, as it progresses in leveraging technology to introduce enhanced products, services, and experiences for its customers. “We look forward to unlocking more value from our synergies, as we innovate together while supporting the nation’s digital agenda,” he added.

(Source: MBSB / CelcomDigi press release)

Filed Under celcomdigimbsbMBSB BankMergerMOUpartnership
Updated 6:26 pm, Thu, 26 January 23
http://lowy.at/l2h7U
Share43Tweet27SendShare

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

No Result
View All Result

TRENDING THIS WEEK

  1. 1
    Action Cameras

    AKASO 360 Lands In Malaysia; Starts From RM899

  2. 2
    News

    Intel To Consolidate Chip Assembly And Test Operations In Malaysia

  3. 3
    Hardware

    Hypershell Exoskeleton Now Available In Malaysia From RM4,999

  4. 4
    Random As It Gets

    Someone Patented This Controller Design

  5. 5
    How-To's

    RM100 SARA: How To Redeem, And Everything Else You Need To Know

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.