As Malaysians transact more than ever before, alrajhi bank Malaysia launches Hi MY alrajhi Save & Earn, a multi-reward campaign designed to celebrate and supercharge the nation’s shift to digital banking – just as it rolls out its fully refreshed MY alrajhi app.

Digital payments are booming; online banking grew 24% last year, with mobile banking now accounting for 62% of all online transactions–up from 50% in 2023.

. Meanwhile, the average Malaysian conducts 409 e-payments annually; more than one per day–marking a 19% year-on-year rise in 2024.

. Against this backdrop, MY alrajhi combines intuitive design with enhanced features that
make saving, paying and managing money effortless.

“Today’s launch comes at a pivotal moment in Malaysia’s digital journey,” said Syahrul Ishak, Chief Executive Officer of alrajhi bank Malaysia. “With the revamped MY alrajhi app, we are not just offering convenient banking; we are also rewarding every customer’s step towards a more connected financial life. Hi MY alrajhi Save & Earn amplifies that promise–because every ringgit saved or spent should bring you closer to your goals”.

About Al Rajhi Banking & Investment Corporation (Malaysia) Bhd (alrajhi bank Malaysia)
alrajhi bank Malaysia is a wholly owned subsidiary of Al Rajhi Bank Kingdom of Saudi Arabia (KSA), one of the world’s largest banks and the largest in the Middle East and KSA. Incorporated locally in October 2005 and launched in 2006, it was the first Saudi Arabian bank to operate in Southeast Asia. As part of a leading Shariah-compliant banking group, alrajhi bank Malaysia is instrumental in bridging modern financial demands with intrinsic values, spearheading numerous industry standards and developments.

(Adapted from a press release)