BIMB to grow Visa debit card members to 500,000

Bank Islam Malaysia Berhad is hoping to increase Visa debit card members to 500,000 in 2011.

The bank issued 27,000 Visa debit cards over the past three weeks, according to a report by Bernama News Agency.

"Prior to this launching today, we have somehow introduced this to our close customers three weeks ago and we are doing like 1,500-2000 cards per day," said BIMB consumer banking general manager, Khairul Kamarudin.

Asked on the new credit card regulations introduced by Bank Negara Malaysia last week, Khairul said BIMB did not foresee any impact as it would not affect the evaluation process relating to credit worthiness.

"So, there's no major investment involved and requirement for the bank to change its system as it just changes one criteria, which is the minimum income," he said.

Follow the link for more news on

Also Read

Breaking barriers: Building the future of cross border payments in Southeast Asia

3 in 5 use real-time cross-border payments to send money to family and friends

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit