Agrobank

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Bank Pertanian Malaysia Berhad
Company type State-owned enterprise
Industry Banking, financial services
Founded1969
Founder Government of Malaysia
HeadquartersLeboh Pasar Besar, Peti Surat 10815, 50726 Kuala Lumpur, Malaysia
Number of locations
184 branches across Malaysia as of April 2018 [1]
ProductsBanking and Finance
Parent Minister of Finance Incorporated
Website www.agrobank.com.my

Bank Pertanian Malaysia Berhad, d.b.a. Agrobank is a Malaysian government-owned bank under the purview of the Minister of Finance Incorporated, established in 1969 with focus on agriculture sector. The Bank's financing of the agricultural sector is driven by a policy set forth by the Ministry of Agriculture and Food Industries (MAFI).

Contents

As a DFI (Development Financial Institution) that focus on strengthening the agriculture sector in Malaysia, Agrobank aims to balance its developmental and commercial roles to benefit the agriculture sector. Agrobank provides a comprehensive financing solution for agriculture; that includes upstream activities such as the supply of agricultural production inputs to downstream activities such as processing and selling of agricultural products to consumers.[ citation needed ]

It operates via 184 branches; offering products and services in the areas of corporate, commercial and micro financing as well as trade finance, personal financing, electronic banking and deposit & services.

History

The Bank Pertanian building was completed in September 1978. [2]

On 1 July 2015, Agrobank became a full-fledged Islamic bank.

References

  1. "Western Union, Agrobank team up to bring reliable, fast payment services". New Sarawak Tribune. 7 November 2014. Archived from the original on 19 April 2016. Retrieved 9 April 2016.
  2. "KL shopspace glut". The Straits Times. 5 October 1978.