Agrobank Pays Courtesy Call on TYT – Commitment to Support the Agro Agenda of Sarawak\u00a0<\/p>\n
Agrobank\u2019s delegation led by its Chairman, Tan Sri Mohamad Zabidi Zainal paid a courtesy visit on Yang di-Pertua Negeri of Sarawak Tun Pehin Sri Abdul Taib Mahmud at the Astana in Petra Jaya here today.\u00a0<\/p>\n
Syed Alwi Mohamed Sultan, the President and Chief Executive Officer of Agrobank and other management team joined the delegation which is part of the working visit to Sarawak by Agrobank\u2019s management team.<\/p>\n
Syed Alwi said the Bank has a long standing commitment in Sarawak ever since the opening of the first branches of the-then Bank Pertanian Malaysia Bhd in Kuching and Sarikei in 1976.\u00a0\u00a0<\/p>\n
Since then, Agrobank has always been committed to support the development and growth of the agriculture sector in the state.<\/p>\n
\u201cCurrently Agrobank has close to 20,000 customers in Sarawak across the 4 customer segments consisting of corporate, commercial, consumer and micro financing customers.\u00a0<\/p>\n
\u201cWe serve these customers through our network of 13 branches, 5 kiosks, 4 Agro corners, 51 AGROAgent and 33 ATM outlets all over Sarawak.\u00a0<\/p>\n
\u201cIn most towns particularly in Sarawak, Agrobank is the only bank servicing the customers, in line with our financial inclusion commitment which is to serve the unserved and underserved community.\u00a0 Moving forward, we are constantly looking at growing our network of operations in Sarawak,\u201d he added.<\/p>\n
In 2017, there were three significant initiatives in Sarawak, the opening of the first Corporate Centre in Kuching, the launch of micro financing programme called Agro Teras and the MoU with Malaysian Pepper Board to benefit pepper smallholders.<\/p>\n
Agrobank also recently launched a special micro financing scheme called Agro Teras targeting the B40 income group.<\/p>\n
\u00a0\u201cWe chose Sarawak as the pioneer of this Agro Teras programme as a token of our deeply rooted commitment to Sarawak.\u00a0<\/p>\n
\u201cAs the Agro Teras programme brings together a group of 5 micro entrepreneurs who would mutually share the risks, we now have established 160 groups comprising 800 participants involved in various agriculture entrepreneurship ventures,\u201d said Syed Alwi.<\/p>\n
In addition, last year Agrobank also signed an MOU with the Malaysian Pepper Board as part of the initiative to develop financing programme that can benefit more than 30,000 pepper small holders in Malaysia and many of them are in Sarawak.\u00a0<\/p>\n
These two initiatives are part of Agrobank\u2019s support and efforts to improve micro entrepreneurs\u2019 socio economic status and build their confidence in expanding their business.<\/p>\n
\u201cThis year Agrobank is working closely with the Regional Corridor Development Authority (RECODA) and the Ministry of Modernisation of Agriculture, Native Land and Regional Development Sarawak to identify viable agriculture and agro-business projects that can redevelop native land and increase its economic value.<\/p>\n
\u201cWe hope this efforts will have a positive socio-economic impact in job and wealth creation opportunities for local farmers and agropreneurs in Sarawak and contribute towards exports of our agriculture produce\u201d, explained Syed Alwi.<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Agrobank Pays Courtesy Call on TYT – Commitment to Support the Agro Agenda of Sarawak\u00a0 Agrobank\u2019s delegation led by its Chairman, Tan Sri Mohamad Zabidi Zainal paid a courtesy visit on Yang di-Pertua Negeri of Sarawak Tun Pehin Sri Abdul Taib Mahmud at the Astana in Petra Jaya here today.\u00a0 Syed Alwi Mohamed Sultan, the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-1670","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=1670"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1670\/revisions"}],"predecessor-version":[{"id":4767,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1670\/revisions\/4767"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=1670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=1670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=1670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}