AEON Credit Service (M) Bhd announced plans to inject RM125 million into its 50%-owned AEON Bank (M) Bhd to strengthen the digital bank’s capital position and fuel its long-term growth strategy.
In a filing to Bursa Malaysia, AEON Credit said the capital injection will be carried out through the subscription of 125 million new AEON Bank shares at RM1 per share. This move will increase AEON Credit’s total shareholding in AEON Bank from 275 million to 400 million shares while maintaining its 50% ownership.
The remaining 50% of the equity will continue to be held by AEON Financial Service Co Ltd, its Japanese joint venture partner, which will undertake a matching RM125 million injection. Collectively, both parties will contribute a total of RM250 million, expanding AEON Bank’s issued share capital from RM550 million to RM800 million.
According to AEON Credit, the fresh capital will be funded entirely through internally generated funds and will not have any material impact on its net assets, gearing, or earnings for the financial year ending Feb 28, 2026 (FY2026).
“The capital injection is aimed at supporting AEON Bank’s business expansion, strengthening its financial position, and ensuring continued compliance with Bank Negara Malaysia’s minimum capital adequacy requirements,” AEON Credit said.
The group added that the subscription does not require shareholder approval but remains subject to approval from Bank Negara Malaysia. The exercise is expected to be completed by January 2026, pending regulatory clearance.
AEON Bank, one of Malaysia’s five licensed digital banks, began operations earlier this year with a focus on retail and small-business customers. The digital bank leverages the AEON ecosystem, including AEON malls, retail stores, and AEON Credit’s established consumer base, to drive adoption of its digital financial services.
AEON Credit reported total loan receivables of RM14.29 billion as of end-August 2025, supported by profitability ratios of 9.7% and 9.9% in the past two financial years.
The company said the additional investment underscores its confidence in AEON Bank’s long-term potential to contribute to group earnings and expand its footprint in Malaysia’s growing digital banking sector.
At Thursday’s close, AEON Credit’s shares rose two sen or 0.4% to RM5.28, valuing the company at RM2.7 billion. Year to date, the stock has fallen by about 15.7%.
