Agrobank - Bank Pertanian Malaysia Berhad

10/08/2019 | Press release | Distributed by Public on 10/08/2019 04:05

Agenda Agro Melaka Focuses on Prospect and Opportunities in Agriculture Sector

MELAKA - Agrobank organised another business networking session called 'Agenda Agro: Prospect and Opportunities in Agriculture Sector' in Melaka. The programme was attended by more than 150 guests comprises of Agrobank's clients and agropreneurs from the state.

Agenda Agro is one of Agrobank's initiatives to share latest updates with agropreneurs on the prospects and information in agriculture sector and agro-based industry. The business session provides opportunity for the clients to interact with Agrobank's officers and also to learn more on opportunities in this sector.

According to Khadijah Iskandar, covering duties of President / Chief Executive Officer of Agrobank, Agrobank is committed to assist agropreneurs through various initiatives including trainings and capacity building. In addition to comprehensive financing solutions offered for agri-businesses, the sharing session like Agenda Agro helps to assist agropreneurs to develop strategic plans in expanding their business.

'Malacca is known as a state with great potential in poultry industry. This potential is reflected in the impressive performance whereby as at June 2019, Agrobank has recorded a total financing of RM183.69 million for Melaka state, a year-on-year increase of 27.15%, which is higher than growth recorded in 2018 which is RM144.46 million for the same period of time,' said Khadijah.

At the same event, PROKHAS also delivered a presentation on working capital guarantee scheme (WCGS) by Syarikat Jaminan Pembiayaan Perniagaan Berhad (SJPP). WCGS was established to assist SME in all sectors to gain access to financing from participating Financial Institutions (including Agrobank).

At the event, several presentations were also held:

  • Presentation of financing offer letter to Agrobank customers in Melaka for the month of August to September 2019. Five (5) recipients received financing offer letter with total financing amounting 595 million.
  • Presentation of Agro Nurani takaful sponsorship by corporate company, Jalen Sdn Bhd with total sponsorship amounting RM25,500 and total coverage amounting RM4,630,000 benefitting Jabatan Kebajikan Masyarakat Negeri Johor.

Melaka was the third location of Agenda Agro for this year after Terengganu and Sarawak. This will be the final Agenda Agro session for the year of 2019