Digital Bank Licenses and Operations (as of April 2025)
| Jurisdictions | Number of Digital Bank Licenses issued (% in market) | Number of Banks (Including digital banks) |
|---|---|---|
| Hong Kong | 8 (4%) | 194 |
| Malaysia | 5 (12%) | 42 |
| Singapore | 4 (3%) | 150 |
| Philippines | 6 (1.2%) (Only 2 are completely digital) | 489 (400 rural and cooperative banks) |
| Taiwan | 3 (8%) | 39 |
| South Korea | 3 (6%) | 55 |
| Pakistan | 5 (16%) | 31 |
| Japan | 20 (10%) (holding traditional banking licenses) | 195 |
| Jurisdictions | Number of Digital Bank Licenses issued (% in market) | Number of Banks (Including digital banks) |
|---|---|---|
| Hong Kong | 8 (4%) | 194 |
| Malaysia | 5 (12%) | 42 |
| Singapore | 4 (3%) | 150 |
| Philippines | 6 (1.2%) | 489 |
| Taiwan | 3 (8%) | 39 |
| South Korea | 3 (6%) | 55 |
| Pakistan | 5 (16%) | 31 |
| Japan | 20 (10%) | 195 |
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