[FOR IMMEDIATE RELEASE]

GXBank’s ImpianGigih Biasiswa Now Open for Application

·       Impian Gigih Biasiswa toalleviate cost of tertiary education, empowering Malaysian students to further their dreams 

·       Eligible students to benefit from full matriculation support - from financial aid to learning and leadership development opportunities

·       Represents continuation of GXBank’s commitment to the community to drive financial inclusion and literacy

PETALING JAYA, 7 June 2024 – GX Bank Berhad (GXBank) introduced Impian Gigih Biasiswa, a scholarship programme aimed at providing Malaysian students equitable access to tertiary education. The Biasiswa is part of GXBank’s Impian Gigih programme, demonstrating its continued commitment to drive financial inclusion and literacy, and encourage intergenerational social mobility, with education as key. 

“A recent post-pandemic trend in Malaysia indicated that the number of students, especially from low-income households, forgoing higher education is on the rise. The situation is no doubt exacerbated by the prohibitively expensive costs to pursue a diploma or degree and also the general cost of living,” said Hildah Hamzah, Chief of Staff at GXBank. 

Impian Gigih Biasiswa alleviates the financial worries of deserving students by providing them with financial assistance to cover tuition fees, living and accommodation costs, and other educational expenses. Successful applicants will also receive self-development opportunities - exposure to an overseas immersion programme, courses targeted at building resilience and future-ready skills, as well as an internship programme with GXBank.

Education: a catalyst for economic and social progress

The country’s plan on growing the talent pool, coupled with its dynamic infrastructure and progressive policies, feed into the bigger picture of driving structural transformation of the economy into a high-income nation. Hence, education not only plays a critical role in breaking the cycle of poverty but is also central to producing high-value talent - a vital cog in advancing Malaysia’s digital economy aspirations.

“We at GXBANK believe that education and the right opportunities can transform lives and inspire anyone to reach their full potential. Outstanding talents who demonstrate exceptional academic achievements, leadership potential, and a hunger to create positive impact amongst their community deserve a chance to further themselves. Their financial situation should not be a barrier to achieving their dreams. We are motivated and driven to nurture the nation’s best and brightest to lead the transformation of Malaysia’s digital banking landscape,”Hildah added.

Scholarship Details

Interested Applicants must fulfil the basic requirements below and also submit an essay (300-500 words)introducing themselves and why they are deserving of the Biasiswa. Additionally, Applicants should also share how they intend to use their experience to contribute back to society.   

Eligibility criteria:

• Only open to those applying for a position as a full time undergraduate student in any Malaysian public university;
• Malaysian, age 22 years and below in the year of application;
• Total monthly gross household income of RM8,000 and below;
• Recipients should not be receiving scholarship / sponsorship / bond agreement from other sponsors throughout the course of the tuition.*;
• Results: CGPA 3.3 and above in STPM / Diploma / A-Level / Matriculation / Foundation or equivalent;
• Secured an admission to a Malaysian public university.

Closing date forapplications is 6 July 2024.

For full details of thescholarship programme please visit the Impian Gigih Biasiswa webpage.

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About GXBank

GX Bank Berhad (GXBank) –regulated by Bank Negara Malaysia and protected by Perbadanan Insurans Berhad Malaysia (PIDM) up to RM250,000 for each depositor – is Malaysia’s first digital bank that commenced operation on 1 September 2023. With the majority of the workforce made up of Malaysians from both the finance and technology sectors, the bank aims to disrupt the current banking industry with customised innovative solutions that empower Malaysians to be financially resilient and support their financial goals.

GXBank is a subsidiary of GXS Bank Pte. Ltd., – the digital bank joint venture between Grab Holdings Limited and Singapore Telecommunications Limited (Singtel) – and a consortium of other Malaysian investors, including Kuok Group.

For press materials and other inquiries for GXBank, please contact :

Priority Communications PR

Kenny Lim
Email : gxbank@priority.net.my

GXBank

Hisyam Shamsuddin
Email : communications@gxb.my

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