Aeon Bank (M) Bhd has launched Malaysia’s first Islamic digital bank, marking a significant milestone for the Aeon Group in the country.
CEO Raja Teh Maimunah Raja Abdul Aziz on the Launch
Aeon Bank (M) CEO Raja Teh Maimunah Raja Abdul Aziz highlighted the importance of this launch, emphasizing Aeon Group’s 40-year presence in Malaysia. “Our mission is to offer safe, simplified, and inclusive syariah-compliant digital banking solutions to all Malaysians,” she stated during the launch event.
Innovative Personal Banking Services
Currently, Aeon Bank provides various personal banking digital services, including the Savings Account-i and Savings Pots, which feature customizable optimization and budgeting tools. Future plans include introducing additional products and services.
Virtual and Physical Debit Card Options
Upon account activation, users can access their virtual Aeon Bank x Visa Debit Card-i and request a physical version. “We are in the early phase of our product rollout and will continue to introduce more products and features for our personal banking customers. Over time, we will expand our products and services to small businesses,” Raja Teh Maimunah added.
Public Launch Campaign and Rewards
For the public launch campaign, customers activating their accounts will receive a sign-up bonus of 3,000 AEON Points and earn 3X Aeon Points on transactions made with the Aeon Bank x Visa Debit Card-i. The profit rate is 3.88% per annum.
Integrated Aeon Points Programme
Customers part of the Aeon Points Programme will have their membership linked with the Aeon Bank (M) app, allowing them to enjoy additional benefits and rewards when shopping at Aeon Group outlets, including Aeon Mall, Aeon Supermarket, Aeon Wellness, La Boheme Bakery, Aeon Fantasy, and more. Accumulated Aeon Points can be converted to cash and credited to the customer’s Aeon Bank (M) account, which the bank considers its main selling point.
Nationwide Roadshows
To further promote its services, Aeon Bank will conduct nationwide roadshows in Kelantan, Kuala Lumpur, Johor, Penang, Negeri Sembilan, Perak, Malacca, and Sarawak from June until November.
Commitment to Financial Inclusion
Aeon Bank is dedicated to providing accessible financial services to all, including the underserved and unbanked populations. The bank aims to empower individuals to pursue their aspirations and achieve economic independence while fostering a more inclusive financial future for all.
Disclaimer: Important information
Source: theSun