Simunjan to have Bank Rakyat ATMs, MEPS next year

SIMUNJAN: Automatic teller machines (ATM) and the Malaysian Electronic Payment System (MEPS) provided by Bank Rakyat will soon be available for residents in the Simunjan district. Batang Sadong MP Datuk Seri Nancy Shukri pointed out that these ATM machines would benefit the residents here as currently there was only AgroBank in the area. “After meeting […]

Sebuyau residents to benefit from Bank Rakyat branch

SEBUYAU: A total of 16,373 residents here will benefit from the opening of Rakyat Xcess and Ar-Rahnu X’Change by Bank Rakyat. Minister of Entrepreneur and Cooperative Development, Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the opening of Rakyat Xcess and Ar-Rahnu X’Change reflected Bank Rakyat’s commitment in ensuring every segment of the community had […]

More B40 entrepreneurs to benefit from RAKYATpreneur 2.0 programme

KUALA LUMPUR: Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has launched the RAKYATpreneur 2.0 programme today; a social financial initiative to help asnaf entrepreneurs by equipping them with skills and knowledge needed to expand their business. Launched by Entrepreneur Development and Cooperatives (MEDAC) Minister Datuk Seri Wan Junaidi Tuanku Jaafar, the six-month long programme, which […]

Sebauh now has mobile banking

SEBAUH: Utilities Minister Datuk Seri Dr Stephen Rundi Utom welcomed the Sarawak government’s initiative in providing mobile banking services in rural areas, especially in Sebauh. With the service, residents did not have to get police permits to go to Bintulu to do their banking during the movement control order (MCO). Rundi, who is also Kemena […]

Recovery plan provides clear framework to ensure economic revival

KUALA LUMPUR: Industry players welcomed the government’s four-phase National Recovery Plan as it provides a clear framework that Malaysia needs to ensure a progressive economic revival within a realistic timeframe. Malaysia Debt Ventures Bhd (MDV) said the plan balances social economic welfare and imperatives in paving the way for the nation’s smooth transition from the […]

Bank Rakyat introduces Arrow mobile service

KUCHING: Bank Rakyat has launched a new Mobile Bank banking facility initiative known as Arrow meant to initially serve Bintulu. It was launched by the Chief Minister Datuk Patinggi Abang Johari Tun Openg together with the Minister of Federal Entrepreneur Development and Cooperatives (Medac) Datuk Seri Dr Wan Junaidi Tuanku Jaafar yesterday. Bintulu is Arrow’s second […]

Bank Rakyat introduces ‘QR2E’ for MSMEs, cooperatives

KUALA LUMPUR: Bank Rakyat has launched a digital banking service platform, ‘QR2E’ or ‘Quick Response to Entrepreneur’ to cultivate entrepreneurship in the community. The service is targeted at micro, small and medium entrepreneurs (MSMEs) and cooperatives to enable them to conveniently obtain financial and business management advice. “Customers can apply for financing as well as […]

Medac agencies come to the aid of needy groups

KUCHING: The Entrepreneur Development and Cooperatives Ministry (Medac), through its agencies Bank Rakyat and The Cooperative Commission of Malaysia (SKM), has handed over almost RM700,000 worth aid of to needy groups in Sarawak. In a statement today, its Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said in trying times like this, all forms of […]

Bank Rakyat offers relief for flood victims

KUCHING: Bank Rakyat is giving a six-month moratorium on financing facility to customers affected by the recent floods in the country. Minister of Entrepreneur Development and Cooperatives Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the move taken by Bank Rakyat is to reduce the financial burden of the affected customers, especially those who are […]

Bank donates RM10k to mosques, suraus

MUKAH: Bank Rakyat has allocated donations totalling to RM10,500 which will be distributed to 21 mosques and suraus here to assist with administrative matters and the implementation of programmes. According to a spokesperson from Bank Rakyat Mukah, the donation under the Mosque Financial Integrity programme is one of the bank’s efforts to collaborate with the […]