AGROBANK launched its first mobile automated teller machine (ATM) in Sarawak and is among the first in Malaysia to provide the service to nine districts in the state’s southern region.
Sarawak Chief Minister Datuk Patinggi Abang Johari Openg officiated at the launch.
The mobile ATM is part of Agrobank’s continuous commitment to support unserved and underserved communities to broaden their access to financing, while supporting initiatives undertaken by Sarawak government and Bank Negara.
Agrobank chairman Datuk Mustapha Buang said Agrobank was committed to supporting Sarawak government’s initiatives towards achieving full financial inclusion that would improve rural communities and support economic growth.
“With the potential development in Sarawak, Agrobank sees a greater need to help drive economic activities.
“We are proud to be among the first banks to provide mobile ATMs to communities in Padawan, Bau, Lundu, Sematan, Lingga, Pantu, Tebedu, Asajaya and Sebuyau, ” said Mustapha.
“More than 72% of Agrobank branches and kiosks are located in rural areas.
“We believe that comprehensive financial services are powerful tools for a strong and inclusive economic growth. They also help empower individuals and communities.
“Our efforts can be seen as far back as 1994, when Agrobank launched Patriot Rejang — the first banking service in Malaysia offered on a vessel plying Sungai Rajang — to enable us to reach the local communities of Kapit, Sibu and Belaga, ” he said.
Agrobank strives to balance its developmental and commercial roles by providing full value chain financing for the agriculture sector, including upstream segment related to primary food and commodities-based agricultural activities as well as downstream activities such as processing, marketing and distribution of agricultural products.