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media release | |
FOR IMMEDIATE RELEASE | NOVEMBER 29, 2022 |
AFFIN BANK, MDI AND BERRY PAY LAUNCH THE FIRST E-LINSOLVENSI
MOBILE APPLICATION
KUALA LUMPUR: Affin Bank Berhad (“AFFIN BANK” or “the Bank”) and Affin Islamic Bank Berhad (“AFFIN ISLAMIC”) has a tripartite collaboration with the Malaysian Ministry of Insolvency (MdI) and Berry Pay (M) Sdn. Bhd. (BerryPay) to launch the mobile application e-linsolvensi (mobile app).
The mobile app complements the existing web portal of e-linsolvensi, which offers online insolvency services and payment options for the public and MdI stakeholders. The services and facilities are now accessible via the app, offering the public and stakeholders a personalized mobile experience to carry out their tasks in a safer and more convenient way. The app allows the public and stakeholders to conduct bankruptcy research on individual debtors and companies anytime, anywhere, and make payments for requested deposits and monthly installments or contributions. MdI provides e-payment services to the public and its stakeholders via Internet Bank GIRO (IBG) transfers, Financial Process Exchange (FPX) payments, JomPay and card terminals. The mobile app will enhance the public experience and is part of the development of online digital options for better access to MdI’s services and facilities.
The official launch of the e-linsolvensi mobile app recently took place at the new AFFIN BANK headquarters, Menara AFFIN @ TRX in the Tun Razak Exchange (TRX). The opening ceremony was presided over by Director General for Bankruptcy, YBhg.Dato’ Anita Harun, President
- Group Chief Executive Officer, Affin Bank Berhad YBhg. Datuk Wan Razly Abdullah and Chief Executive Officer of BerryPay (M) Sdn. Bhd., Encik Azlan Shazmi Anwar.
BerryPay Malaysia, as one of the partners in this collaboration, is responsible for the development of the e-linsolvensi mobile application. BerryPay Malaysia is a Financial Technology (Fintech) company providing digital financial solutions and mobile application development services.
They specialize in digital collections and payment solutions, including e-government payment solutions.
Berhad Datuk Wan Razly Abdullah, President and Group Chief Executive Officer of Affin Bank, said: “We are honored to be entrusted by MdI “acquiring bank” for this new venture and collaboration is one of the Bank’s many efforts and commitments in support of the efforts of the Malaysian Government’s national initiative – MyDIGITAL and Malaysia Digital Economy Blueprint 2021-2025 and MdI Digitization Plan Success 2021-2025.
He added: “We are in the era of digital transformation, which is why we are excited to work closely with MdI and BerryPay Malaysia on the new mobile app. With e-linsolvensi’s new mobile app, users can easily access all the features that are already on the official web portal and enjoy a seamless one-click experience, making payments quickly, securely and easily.”
The new e-linsolvensi app is publicly available on the App Store, Google Playstore, Huawei App Gallery and GAMMA app.Gallery Aplikasi Mudah Alih Kerajaan Malaysia” from October 21, 2022.
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About Affin Bank Berhad
Affin Bank Berhad (AFFIN BANK) is the financial holding company of Affin Islamic Bank Berhad, Affin Hwang Investment Bank Berhad, Affin Moneybrokers Sdn Bhd and AXA AFFIN Life Insurance Berhad. AXA AFFIN General Insurance Berhad is an affiliate of Affin Bank Berhad.
AFFIN BANK offers a range of financial products and services aimed at both private and corporate customers. The target business segments are categorized into key business units such as Community Banking, Enterprise Banking, Corporate Banking and Treasury. As of November 21, 2022, AFFIN BANK has a network of 116 branches in Malaysia.
For more information, please contact: | |
Amirah Aliah Azlan | Archanaa Vijayaraman |
Assistant Manager, Strategic Communications | Assistant Manager, Strategic Communications |
Contact number: +60123688359 | Contact number: +60173850188 |
Email: [email protected] | Email: [email protected] |
Sharifah Syahirah Syed Azlan | |
Assistant Manager, Strategic Communications | |
Contact number: +60162641675 | |
Email: [email protected] |
Disclaimer
Affin Bank Berhad published this content on November 29, 2022 and is solely responsible for the information contained therein. Distributed by the public, unedited and unmodified, on 30 November 2022 09:23:22 UTC.
Public now 2022
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AFFIN BANK technical analysis trends
Short term | medium term | long term | |
tendencies | bullish | bullish | bullish |
Development of the income statement
To sell ![]() Obtain | |
Medium consensus | EXCEED |
Number of Analysts | 7 |
Last closing price | 2.48MYR |
Average target price | MYR2.41 |
Spread / Average Target | -2.71% |