Yes we do have at least two connections with the dbl recipients one of them being RHB. RHB are currently running a finance promo this year for the civil sector, the private sector and the pensioners. They are running a salary deductible repayment system and have teamed up with IDSB for this. IDSB is one of only two companies in MY who hold a AG code license (Accountant General Salary Deduction code) required for salary deduction.
https://www.rhbgroup.com/personalfinancing-i/index.html?_ga=2.107346498.1518945273.1651312240-278306731.1648616686
IDSB have the framework/digital ecosystem in place with RHB already and this would enable an easy connection into the dbl world.
Look at the IDSB website when you open it, it has RHB on it…
https://www.idsb.my
The other dbl recipient is Aeon who we have digital connections with. The other possible connection is KAF Investment Bank as Thariq Ahmad has said they’re hoping to build a platform to work with a lot of partners. So clearly they don’t have much to work with as yet. It seems that IDSB would be a good fit here or possibly Angkasa (which doesn’t help our cause)
Its also rumoured that the Kuok Brother have been buying into IOU but this is unsubstantiated at this point.
So IOU has many possible avenues for a DBL link.. we may find out in the near future as developments occur.
With all this info I’m expecting some demand for IOU this week as they strategically position themselves.
This is all my own opinion and a result from some of my research. Please DYOR.
Apologies about the structure of this post as I’m in a hurry but wanted to get it out today.
Over to you Kevie boi to tare it apart! No doubt!
Back later tonight!
GL holders!!
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