As at end of June 2016, the number of bank accounts were 6 million, before jumping to 9.3 million accounts in June 2017. In 2018, they were 11.9 accounts, which later shot up to 13.8 million accounts in 2019.
Bank accounts across all financial institutions grew by 20.3% to 17 million as at end of June 2020 according to the Deposit Protection Fund (DPF) financial statement released on Thursday.
Banks
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