Agrobank
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 Agro-Based Industry (MOA).
Government-linked company | |
Industry | Banking, financial services |
Founded | 1969 |
Headquarters | Leboh Pasar Besar, Peti Surat 10815, 50726 Kuala Lumpur, Malaysia |
Number of locations | 184 branches across Malaysia as of April 2018 [1] |
Products | Banking and Finance |
Parent | Minister of Finance Incorporated |
Website | www |
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
With more than 49 years of experience, Agrobank is actively shaping the country’s agricultural development across eight (8) regions 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.
On 1 July 2015, Agrobank has become a full-fledged Islamic bank.
Products and services
Deposits
- Agro Perdana-i
- Qard Savings Account-i
- Basic Savings Account-i (Agro BSA-i)
- AgroTani-i
- Agro Tani-i (Foreign)
- Agro Muda-i
- Fixed Return Islamic Account-i (FRIA-i)
- Fixed Return Islamic Account-i (FRIA-i) 45Plus
- AgroPrimaS
Consumer
- Sahabat Agro
- Hartani-i (Tawarruq)
- Ar Rahnu
- AgroCash-i
- Special Advance for Investment Assets-i (SAFIA-i)
Business
- Fund For Food (3F)
- Modal Usahawan 1Malaysia (MUS1M-i)
- Tanaman Semula Kelapa Sawit-i (SAWIT-i)
- Term Financing-i
- Paddy-i (Tawarruq)
- Kemudahan Pembiayaan Modal Kerja-i (Tawarruq)
- Machinery & Equipment Financing-i (MAEF-i)
- Agro Cash Line-i
- Strategic Alliance Financing-i (SALF-i)
- Financing Programmes
- Agro Bakti Financing Programme
Electronic banking
- e-PAYMENT FEES & CHARGES
- AGRONet (Retail Internet Banking)
- AGRONetBIZ (Perbankan Internet Perniagaan)
- SELF-SERVICE TERMINAL (ATM/CDM/CQ,/CoDM/Internet Kiosk)
- Agro Visa Debit Card-i
- Agro VISA Business Debit Card-i
- AGROAgent (Agent Banking Services)
Services
- Agro Mabrur-i
- Pusaka
- Bill Payment
- Takaful
- Wasiat (Letter of Will)
- Assessment Tax
- Zakat (Tithe)
- SSPN-i
- Safe Deposit Box
- Rates
- Fees and Charges
- Terms and Conditions for Deposit Account
- Interbank GIRO
- Interbank Fund Transfer (IBFT)
- Agro Nurani
Trade Finance
- Documentary Collection-i
- Bank Guarantee-i
- Trade Working Capital Financing-i (TWCF-i)
- Letter of Credit-i
- Murabahah Trust Receipt
- Shipping Guarantee-i (SG-i)
References
- "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.