Agrobank Malaysia

Agrobank (Bank Pertanian Malaysia Berhad)
Government-linked company (GLC)
Industry Banking, financial services
Founded 1969
Headquarters Kuala Lumpur, Malaysia
Number of locations
188 branches across Malaysia as of 2016 [1]
Key people
Dato' Wan Mohd. Fadzmi bin Wan Othman
(President/Chief Executive Officer)
Products Banking and Finance

Agrobank (formerly known as Bank Pertanian Malaysia) is a Malaysian government-owned bank under the Minister of Finance Incorporated (MFI) focusing on focusing on agricultural development.[1] Agrobank is driven by a policy set forth by the Ministry of Agriculture and Agro-Based Industry.


Agrobank, was created under the Act of the Parliament of Malaysia No. 9/69 on 1 September 1969 as "a development finance institution directly involved in financing the agriculture sector".[2]

On 12 December 2007, the Dewan Rakyat (the Lower House of the Parliament) approved the proposed Bank Pertanian Malaysia 2007 Bill to incorporate Bank Pertanian with a paid-up capital of RM1 billion to enable it to be competitive with other financial institutions and empower it to help develop agriculture as the third engine of growth under the Ninth Malaysia Plan.[3] On 19 December 2007, The Dewan Negara approved the bill.

The bank provides financing solutions for agriculture; including upstream activities such as the supply of agricultural production inputs to downstream activities such as processing and selling of agricultural products to consumers.[4]

Ibu Pejabat Agrobank di Leboh Pasar Besar, Kuala Lumpur.
The Agrobank headquarters in Kuala Lumpur.

Products and services




Electronic banking


Trade Finance


  1. 1 2 "Western Union, Agrobank team up to bring reliable, fast payment services". New Sarawak Tribune. 7 November 2014. Retrieved 9 April 2016.
  2. Hari Raj (20 October 2007). "Transforming Bank Pertanian". The Star. Star Media Group Berhad. Retrieved 14 October 2016.
  3. "Malaysian National News Agency ~ BERNAMA". Retrieved 2016-04-09.
  4. "Agrobank: Positive outlook for agriculture". The Borneo Post. 1 January 2016. Retrieved 9 April 2016.

External links

This article is issued from Wikipedia - version of the 10/14/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.