Agrobank is a leader in agriculture financing and values-based banking based (VBI)* in Malaysia.
Established in 1969, Agrobank is actively involved in charting the growth and development of Malaysia’s agriculture industry by offering shariah compliant products and solutions across various customer segments including corporate, commercial, consumer, trade finance and micro financing customers. Agrobank is a full-fledged Islamic bank since 1st July 2015.
As a market driven, customer-centric DFI (Development Financial Institution) with a primary focus on strengthening the agriculture sector in Malaysia, Agrobank strikes an equal balance to its developmental and commercial roles to benefit the agriculture sector. Agrobank provides a comprehensive repertoire of financing solutions for the agriculture community; that includes upstream activities related to primary food and commodities-based agriculture activities to downstream activities such as processing, marketing and distribution of agricultural products. Agrobank also offers retail banking financing solutions to improve the well-being of the agriculture community. This is done through its network of 192 customer touch points including 138 branches, 1 agro banking, 1 virtual banking, 10 commercial financing centre, 34 kiosk, 8 agro corners & agro point.
In 2019, Agrobank celebrates its golden jubilee Anniversary, as it marks 50 years of its proud establishment developing the agro industry.
Vision: Advancing Agriculture Beyond Banking
Mission: Elevating the standards of agriculture and providing sustained supports that create values to communities, economy, environment and stakeholders
To promote Malaysia sound agricultural development;
To co-ordinate and supervise the grant of credit from public funds for agricultural purposes by the various persons or bodies of persons whether incorporate or incorporate;
To provide financing, advances, and other credit facilities for the development of the agriculture sector and agriculture related business;
To mobilise savings with particular regard to the agricultural sector and in furtherance of this object to accept savings and time deposits;
To uplift the well-being of the agricultural community; and,
To carry on the general business of a modern and progressive financial services institution catering for the total financial needs of its customers.