Agrobank is a continuity of the former Bank Pertanian Malaysia which has 40 years of experience in agricultural banking and an excellent track record in shaping and developing successful entrepreneurs. With a wide network of branches throughout Malaysia, we are confident of providing the best services to all.
Agrobank is a Government-owned Bank under the Minister of Finance Incorporated (MFI). 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). Agrobank today operates through 190 branches throughout Malaysia, and employs over 3,400 employees.
Agrobank’s Inception
The establishment of Bank Pertanian Malaysia (BPM) in 1969 was in line with the government’s move to carry out irrigation projects to accommodate double cropping for paddy planting in the states of Kedah and Perlis; known as the Muda Agricultural Development Authority (MADA) area.
With the establishment of BPM to provide credit assistance to farmers, two branches were opened; the first in Alor Setar, Kedah in April 1970; and followed by Kota Bharu in Kelantan. By 1980, BPM emerged as the largest credit services provider to the rural agriculture sector.
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