According to a survey in November 2019, 66 percent of respondents in Malaysia who had three or more pain points stated they were very interested in opening a virtual bank account. 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 very interested in opening a virtual banking account as of November 2019, by pain points
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PwC. (November 28, 2019). Share of respondents in Malaysia who are very interested in opening a virtual banking account as of November 2019, by pain points [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1091777/malaysia-interest-in-opening-a-virtual-bank-account-by-pain-points/
PwC. "Share of respondents in Malaysia who are very interested in opening a virtual banking account as of November 2019, by pain points." Chart. November 28, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1091777/malaysia-interest-in-opening-a-virtual-bank-account-by-pain-points/
PwC. (2019). Share of respondents in Malaysia who are very interested in opening a virtual banking account as of November 2019, by pain points. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1091777/malaysia-interest-in-opening-a-virtual-bank-account-by-pain-points/
PwC. "Share of Respondents in Malaysia Who Are Very Interested in Opening a Virtual Banking Account as of November 2019, by Pain Points." Statista, Statista Inc., 28 Nov 2019, https://www.statista.com/statistics/1091777/malaysia-interest-in-opening-a-virtual-bank-account-by-pain-points/
PwC, Share of respondents in Malaysia who are very interested in opening a virtual banking account as of November 2019, by pain points Statista, https://www.statista.com/statistics/1091777/malaysia-interest-in-opening-a-virtual-bank-account-by-pain-points/ (last visited November 21, 2024)
Share of respondents in Malaysia who are very interested in opening a virtual banking account as of November 2019, by pain points [Graph], PwC, November 28, 2019. [Online]. Available: https://www.statista.com/statistics/1091777/malaysia-interest-in-opening-a-virtual-bank-account-by-pain-points/