Cryptocurrency Q&A Is Aeon Credit a bank?

Is Aeon Credit a bank?

Martino Martino Mon Nov 04 2024 | 5 answers 1342
I'm trying to figure out if Aeon Credit is considered a bank. I'm not sure about their exact services or how they operate, but I need to know if they fall under the category of a traditional bank. Is Aeon Credit a bank?

5 answers

SeoulSerenitySeekerPeaceLover SeoulSerenitySeekerPeaceLover Wed Nov 06 2024
AEON Credit Service (M) Berhad is an integral part of a consortium that has been awarded a Digital Bank license by the relevant authorities.

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GinsengBoost GinsengBoost Wed Nov 06 2024
This consortium is one of five that have been granted such a license, highlighting the competitiveness and rigor of the selection process.

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GeishaWhisper GeishaWhisper Wed Nov 06 2024
Notably, AEON Bank is also one of only two license holders that operate as Islamic banks, adhering to the principles and practices of Islamic finance.

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MountFujiVista MountFujiVista Wed Nov 06 2024
AEON Bank is a financial institution established specifically to engage in digital banking operations within Malaysia.

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Paolo Paolo Wed Nov 06 2024
The driving force behind AEON Bank is AEON Financial Service Co. Ltd, a prominent player in the financial services industry.

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