KUALA LUMPUR (Sept 30): Hong Leong Bank Bhd chairman Tan Sri Quek Leng Chan said the bank will remain steadfast in its aim to produce sustainable growth and shareholder value, through continuous improvement in its business via digitalisation.

Quek said in Hong Leong Bank's latest annual report filed today with Bursa Malaysia that the group's business will be underpinned by the bank’s strong digitalisation push.  

"We are aware of the challenges and economic headwinds that lie ahead but we believe that through the digitalisation of the bank, we will not only gain operational efficiencies, but with more engaged customers, as well as employees, the bank will be able to navigate the demanding environment ahead.

"In our regional locations in emerging economies such as Cambodia and Vietnam, Hong Leong Bank has witnessed first-hand, the power of digitalisation that has empowered an entire generation to leapfrog straight into cashless transactions, without ever having experienced traditional banking," he said.

Quek said this was made possible through sustained collaborations with various stakeholders in the ecosystem, which included cutting-edge innovations, created together with financial technology and start-up companies.

"We seek to empower even more communities through the intelligent use of digital technology," he said.