Bank Rakyat takes a leap into the future as Malaysia's first 5G-connected bank, powered by CelcomDigi

Press Release
October 24, 2023
  • The first phase will see Bank Rakyat’s ‘Bank Bergerak’ fleet equipped with 5G technology powered by CelcomDigi
  • To future-proof Bank Rakyat’s banking operations and services to enrich customers’ banking experience

KUALA LUMPUR, 24 OCTOBER 2023 - Bank Rakyat has announced its bold move into a new era of digital banking, powered by CelcomDigi Berhad (CelcomDigi). This marks a significant milestone in Bank Rakyat's digitalization journey, as it aims to future-proof its banking operations and redefine the customer experience through 5G connectivity.

The execution of the implementation will see CelcomDigi supporting Bank Rakyat with end-to-end smart banking solutions for all connectivity, driving the Bank’s overall operational efficiencies and delivering high-quality services to customers with seamless and swift transactions, even when they are on the move.

The initial phase will see Bank Rakyat's ‘Bank Bergerak’ fleet equipped with CelcomDigi 5G connectivity solutions, enhancing connectivity for smoother transactions and real-time updates during banking activities no matter where the ‘Bank Bergerak’ is located and providing solutions to ensure seamless 5G connectivity in some of Bank Rakyat branches across Malaysia, as well as enhancing the security and surveillance for off-premises, further safeguarding customers’ transactions.

Subsequently, Bank Rakyat is poised to explore numerous digital IoT opportunities, especially in the realms of cloud and cybersecurity solutions. These initiatives will create avenues for additional digitalization solutions and applications, fortifying the Bank's digital capabilities, improving customer touchpoints, and elevating competitiveness in the market. Ultimately, these efforts will be advantageous for both the Bank's customers and employees.

“Bank Rakyat has always prioritised customers’ needs through the enhancement of our customer’s journey by providing relevant financial or digital solutions in line with the Bank’s digitalisation and great customer experience agenda outlined in its five-year strategic plan, BR25. Therefore, we are creating this synergy to further enhance customers' banking experience with stable technology applications and a secure business environment, especially in extending financial services to the unbanked, unreached, and underserved communities. This initiative also aims to address financial inclusion and catalyse the advancement and flourishing of small and medium-sized enterprises (SMEs),” said Dato’ Dr. Mohammad Hanis Osman, Chief Executive Officer of Bank Rakyat.  

Datuk Idham Nawawi, Chief Executive Officer of CelcomDigi, also shared his thoughts on this momentous alliance, stating, “CelcomDigi is excited to be working with a like-minded partner like Bank Rakyat, having a shared goal in always finding innovative ways to bring more value to our respective customers. As a trusted digital partner, we have the right digital expertise and solutions to support Bank Rakyat in transforming the banking landscape in Malaysia, as they journey towards a digitally connected future. We look forward to delivering on our commitment to be a brand that customers can trust and rely-on in this age of ‘digital-everything’.”