Malaysia

Malaysia’s financial system must drive value-based growth, says Amir Hamzah

Amir urges a transformative shift in Malaysia’s financial system to underpin a more inclusive and value-driven economy, in line with the 13th Malaysia Plan’s strategic vision

Updated 1 year ago · Published on 05 Aug 2025 1:56PM

Malaysia’s financial system must drive value-based growth, says Amir Hamzah
Nation’s financial sector has been recognised as one of 17 strategic, high-growth, high-value (HGHV) sectors - August 5, 2025

MALAYSIA’S financial system must evolve beyond its traditional role and become a driving force for value creation and economic diversification, said Finance Minister II, Datuk Seri Amir Hamzah Azizan.

Delivering his keynote address at the opening of MyFintech Week 2025, Amir Hamzah emphasised that the financial sector has been recognised as one of 17 strategic, high-growth, high-value (HGHV) sectors under the 13th Malaysia Plan (RMK13), capable of steering the nation towards a more resilient and sustainable economic future.

“This transition demands sustained commitment, innovative policymaking, and strong collaboration across all segments of society,” he said.

Amir Hamzah noted that the Financial Sector Blueprint 2022–2026 has already laid strong foundations, widened financial access, and accelerated digital transformation across the industry.

“These advancements have significantly contributed to the country’s GDP and broader national development,” he added.

Among the notable achievements cited were the expansion of financing opportunities for small and medium-sized enterprises (SMEs), Malaysia’s continued leadership in Islamic finance, greater adoption of digital payment systems, and a strengthened social protection framework.

The minister also outlined the government’s F-I-N-D agenda as a guide for the future of the financial sector. It calls for fostering responsible innovation and shared infrastructure, investing in innovation aligned with national priorities, nurturing talent for the future of finance, and democratising access to financial services to enable broader economic participation.

He stressed that these strategic priorities will serve as a compass for shaping a financial ecosystem that is not only inclusive and adaptable, but fundamentally value-driven.

“Malaysia’s financial system must not only support economic activity but shape it—towards shared prosperity and long-term sustainability,” he added. - August 5, 2025

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