PETALING JAYA, 26 January 2023 ā MBSB Bank Berhad (āMBSB Bankā) today signed a Memorandum of Understanding (āMOUā) with CelcomDigi as part of its continuous digitalisation journey to future-proof its banking operations and enrich customersā experiences. This maiden partnership between the Islamic bank and the countryās largest telecommunications company will support MBSB Bank to continue serving its customers better and at the same time, enhance its operational efficiency.
Under this partnership, MBSB Bank and CelcomDigi will explore opportunities in end-to-end smart banking solutions that include comprehensive services for cyber security, smart retail solutions financing, and cloud infrastructure technology, amongst others. Additionally, both companies intend to collaborate on finding new commercial opportunities and joint go-to-market activities that will benefit their customers and employees.
The MOU was signed between MBSB Bankās Group Chief Executive Officer, Datuk Nor Azam M. Taib and CelcomDigiās Chief Executive Officer, Datuk Mohamad Idham Nawawi at a ceremony held at CelcomDigi Tower in Petaling Jaya.
Expressing his optimism on this development, MBSB Bankās Group Chief Executive Officer, Datuk Nor Azam M. Taib said, āPartnering 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.ā
He also added, āWe plan to establish industrial IoT solutions as part of the business financing, focusing on green tech adoption, automation and quality assurance. We also intend to leverage on cloud technology in order to advance our digital capabilities as this shall help to increase our competitiveness levelā.
Echoing his comments, CelcomDigiās Chief Executive Officer, Datuk Mohamad Idham Nawawi said, āWe are excited to be MBSB Bankās trusted digital partner to support their digitalisation needs. We believe we have the right expertise and resources that will help advance MBSB Bankās digital capabilities, as the bank progresses in leveraging technology to bring 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 nationās digital agenda.ā
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