Agrobank Announces Financing Campaign To Help Micro, Small Enterprises

Today, Agrobank through its another strategic collaboration with Ministry of Agriculture and Food Industries (MAFI), has allocated RM110 million through its financing campaign called ‘Dana Agromakanan Keluarga Malaysia’ in conjunction with the newly launch ‘Keluarga Malaysia’ concept by Prime Minister, YAB Dato’ Sri Ismail Sabri Yaakob on 23 October.

A symbolic mock cheque presentation was held at Agrobank headquarters where YB Datuk Seri Dr. Ronald Kiandee, Minister of Agriculture and Food Industries (MAFI) handed over the mock cheque of ‘Dana Agromakanan Keluarga Malaysia’ to Dato’ Mustapha Buang, Chairman of Agrobank witnessed by YB Datuk Sri Haji Ahmad Hamzah, Deputy Minister of MAFI 1; YB Dr. Nik Muhammad Zawawi Haji Salleh, Deputy Minister of MAFI 2; YBhg Dato’ Haslina Abdul Hamid, Secretary General of MAFI and Khadijah Iskandar, Covering President / Chief Executive Officer of Agrobank.

According to Dr. Ronald, “The launch of this campaign is also timely with the National Agrofood Policy 2021-2030 (DAN 2.0) which aims to drive the development and modernisation of agrofood industries for the next 10 years and Agrobank therefore is committed to continuously support the DAN 2.0.”

“During the campaign period, the Bank will offer the guarantee fee exemption for both Agromakanan (PENJANA) and DPA funds. This campaign is valid until the RM110 million is fully utilised or up to 31st December 2021, whichever comes first. Through this campaign, Agrobank is committed to support Small and Medium Enterprises (SMEs) and micro agropreneurs in Malaysia to ensure sustainability in agriculture sector and food industries as well as to stimulate the economy growth,” said Dr. Ronald.

Earlier this afternoon, YB Datuk Seri, Dr. Ronald Kiandee, YB Datuk Sri Haji Ahmad Hamzah, YB Dr. Nik Muhammad Zawawi Haji Salleh and YBhg Dato’ Haslina Abdul Hamid visited Agrobank headquarters to discuss on strategic plan in relations to the growth of nation’s agriculture and food industries sector.

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