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Deepti Sri · · 1 min read

Malaysia-based Hong Leong Bank launches official store on Shopee Mall

“Hong Leong Bank has set up an official store in Shopee Mall, making its ecommerce push for financial products,” reported Fintech News Malaysia.

Details:

  • Customers can now sign up for financial products including a basic savings account, a junior account, and a pay and save account.
  • Hong Leong Bank will also offer bank accounts, along with other types of banking products in the near future.

Context:

  • Earlier in October 2020, the bank launched its fully digital onboarding process – enabled through e-KYC technology – for Malaysians who are looking to open a bank account.
  • Hong Leong Bank will capitalize on Shopee’s monthly average traffic of 38 million to further its reach.

Editing by Collin Furtado and Jaclyn Tiu

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Deepti Sri