GX Bank today celebrates their first anniversary since its launch, and in parallel also expanded its digital banking services for companies and enterprises, named GX Biz Banking. With this move, business users can easily open their banking accounts, and manage them digitally.
For the initial phase, GX Bank offers this business account for merchants under the Grab Malaysia ecosystem first, and aims to offer it to all small businesses throughout Malaysia by the first quarter of 2025.
Parallel to this introduction, this conventional digital banking also offers lending support under GX Biz FlexiLoan, offering access to initial credit up to RM150,000 with the option of a loan period of up to 3 years.
Like the introduction of services for individuals, GX Bank is a conventional banking provider, and not sharia-friendly.