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Empowering Micropreneurs – Agrobank Leads The Way With Bazar Ramadan Cashless Campaign



PAHANG, 16 MARCH 2024 – Agrobank continues to empower micropreneurs in Malaysia by launching the Agrobank’s Bazar Ramadan Cashless today at the Sungai Koyan Ramadan bazaar. The campaign runs from 1 March to 9 April at 19 Ramadan bazaar locations nationwide aimed at promoting cashless transactions among local vendors. The event marked a significant milestone for Agrobank in the journey towards a cashless economy.

The launch event was graced by dignitaries such as Menteri Besar Pahang, Y.A.B Dato’ Sri Haji Wan Rosdy Wan Ismail, and DiPertua Majlis Daerah Lipis Dato’ Mohd Hafizi Ibrahim, alongside Agrobank’s President/Chief Executive Officer, Dato’ Tengku Ahmad Badli Shah Raja Hussin.

Dato’ Tengku Ahmad Badli Shah, emphasised the importance of QR payments for local vendors, particularly during the month of Ramadan. “Bazar Ramadan Cashless initiative provides an ideal platform for vendors to embrace digital payments, ensuring a seamless and convenient shopping experience for consumers particularly during the bustling Ramadan bazaars. This is part of Agrobank’s initiative to strengthen digital empowerment and financial inclusion within the community.”

Moreover, the campaign also underscored the significance of Agrobank’s PEMULIH NewBiz financing facility which is designed to assist individuals interested in kickstarting food-related businesses. The facility offers a maximum financing of RM5,000 with a six-month moratorium at 0% profit. Post-moratorium, the profit rate is as low as 3% on the monthly balance, providing accessible financial support to budding entrepreneurs.

In line with the spirit of Ramadan, Agrobank also extended its charitable efforts by contributing RM9,000.00 in zakat to support 45 students of Maahad Tahfiz Ar Rushd. Through initiatives like the Bazar Ramadan Cashless campaign, Agrobank strives to nurture a more inclusive and prosperous society, driving socio-economic advancement and community upliftment.

For further information on the PEMULIH NewBiz financing facility, kindly visit www.agrobank.com.my, call our contact centre at 1-300-88-2476, or drop by any Agrobank branch nationwide.