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According to a survey in November 2019, 81 percent of respondents in Malaysia who earned more than five thousand Malaysian ringgit a month stated that they were aware of virtual banking. The digital approach is growing as a part of the business model for banks in Malaysia. In December 2019, Bank Negara, Malaysia's central bank, established licensing frameworks for virtual banks in the country.
Share of respondents in Malaysia who are interested in virtual banking as of November 2019, by income*
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PwC. (November 28, 2019). Share of respondents in Malaysia who are interested in virtual banking as of November 2019, by income* [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/1091634/malaysia-interest-in-virtual-banking-by-income/
PwC. "Share of respondents in Malaysia who are interested in virtual banking as of November 2019, by income*." Chart. November 28, 2019. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/1091634/malaysia-interest-in-virtual-banking-by-income/
PwC. (2019). Share of respondents in Malaysia who are interested in virtual banking as of November 2019, by income*. Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/1091634/malaysia-interest-in-virtual-banking-by-income/
PwC. "Share of Respondents in Malaysia Who Are Interested in Virtual Banking as of November 2019, by Income*." Statista, Statista Inc., 28 Nov 2019, https://www.statista.com/statistics/1091634/malaysia-interest-in-virtual-banking-by-income/
PwC, Share of respondents in Malaysia who are interested in virtual banking as of November 2019, by income* Statista, https://www.statista.com/statistics/1091634/malaysia-interest-in-virtual-banking-by-income/ (last visited May 13, 2024)
Share of respondents in Malaysia who are interested in virtual banking as of November 2019, by income* [Graph], PwC, November 28, 2019. [Online]. Available: https://www.statista.com/statistics/1091634/malaysia-interest-in-virtual-banking-by-income/