CBP eyes RM350mil revenue from Ar-Rahnu


President and chief executive officer Mohd Nor Abd Razak (pic) said ar-rahnu has become a micro financing “turn to” facility for hawkers and petty traders impacted by Covid-19.

KUALA LUMPUR: Co-opbank Pertama (CBP) is targeting to achieve a revenue of RM350mil this year from its ar-rahnu services, above the RM290mil achieved last year.

President and chief executive officer Mohd Nor Abd Razak said ar-rahnu has become a micro financing “turn to” facility for hawkers and petty traders impacted by Covid-19.

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