YTL and SEA Launch Ryt Bank: Malaysia's First AI-Powered Bank

YTL Group and SEA Ltd have launched Ryt Bank, the world's first AI-powered bank. The bank combines advanced technology with Malaysian values, languages, and lifestyles, with a multilingual approach that bridges cultures and communities. Ryt Bank's app supports Bahasa Malaysia and English, with Mandarin to be added by September 2025. The bank's AI assistant, Ryt AI, is powered by ILMU, Malaysia's first homegrown large language model.

Malaysia has made a significant stride in the digital banking sector with the launch of Ryt Bank, the world's first AI-powered bank. Created by Malaysians for Malaysians, Ryt Bank is a joint venture between YTL Group and Sea Limited, marking a bold leap into the nation's digital future. The bank combines world-class AI innovation with the values, languages, and lifestyles that define Malaysia.

Ryt Bank's multilingual approach is a standout feature, offering in-app access in Bahasa Malaysia and English, with Mandarin support set to be added by September 2025. This inclusivity ensures that every Malaysian can bank with ease in the language they know best, bridging cultures and communities.

At the heart of Ryt Bank is Ryt AI, an always-on banking assistant powered by ILMU, Malaysia's first homegrown large language model. Ryt AI understands natural conversation in multiple languages and can act instantly on everyday banking needs, from paying bills to tracking spending and explaining financial basics in simple terms. The AI assistant brings together convenience, cultural fluency, and enterprise-grade security, making banking more accessible and intuitive.

The bank's app is designed to solve real needs seamlessly. It offers personal banking with Ryt AI, which adapts to users' habits, preferences, and language, making interactions intuitive and effortless. Users can pay bills instantly, earn interest up to 4% p.a. on their savings, and enjoy instant credit up to RM1,499 with no documents or late fees. Additionally, the Ryt PayLater feature offers 0% interest for the first month and 1.2% cashback on DuitNow QR payments.

Ryt Bank's all-in-one card offers debit and credit functionality, with global acceptance powered by Visa. For a limited time, customers can enjoy a special edition Ryt Card design and get their card for free, along with unlimited 1.2% cashback overseas, zero foreign transaction fees, and zero ATM withdrawal fees nationwide. Exclusive partner rewards include an RM8 Shopee voucher and 20% off dining at YTL Hotels restaurants.

Ryt Bank is licensed by Bank Negara Malaysia and is protected by PIDM up to RM250,000 per depositor. Advanced security features include biometric login, multi-layered encryption, and real-time fraud alerts. The bank's launch is more than just a financial product; it symbolizes Malaysia's capability to innovate for its own people.

Ryt Bank is available for download on the App Store or Google Play. For more information, visit the official website [Ryt Bank](https://www.rytbank.my) or follow them on Instagram [@rytbankmy](https://instagram.com/rytbankmy) and Facebook [Ryt Bank](https://www.facebook.com/rytbank).

References:
[1] https://finance.yahoo.com/news/malaysia-launches-ryt-bank-worlds-031000260.html
[2] https://www.prnewswire.com/apac/news-releases/malaysia-launches-ryt-bank--the-worlds-first-ai-powered-bank-302537300.html