Agrobank launches Chinese New Year Huat Ah campaign

Prosperity for all: Chan (centre) flanked by Tengku Ahmad (second from left) and Yunos at the launching of Agrobank’s Huat Ah Campaign in Kota Kinabalu.

KOTA KINABALU: Agrobank has kicked off its national-level Huat Ah campaign here aimed at inculcating good financial management through savings in the leading agriculture financing and value-based bank.

The campaign, held in conjunction with Chinese New Year, was launched by Agriculture and Food Security Deputy Minister Chan Foong Hin at the Pacific Sutera Hotel.

The Huat Ah campaign brings forth two mini-campaigns namely the Kempen Menang Angpau RM888 – Deposit Bonanza and the Kempen Extravaganza FRIA-i which are among Agrobank’s initiatives to foster a smart spending culture.

To encourage the practice of saving, customers could generate profit through term savings with a competitive profit rate of 4.25% for a term of 12 months through the Kempen Extravaganza FRIA-i and savings account through the Kempen Menang Angpau RM888 – Deposit Bonanza.

In his speech, Agrobank chairman Datuk Yunos Abd Ghani said the Kempen Menang Angpau RM888 – Deposit Bonanza, which started yesterday until Feb 28, was open to new and existing Agrobank customers. He said customers could make a minimum deposit of RM1,000 for individual accounts and RM3,000 for non-individuals (companies).

“Winners will be selected through a lucky draw. What’s interesting is that 38 winners will receive an ang pow of RM888 each.

“For those who continue to keep their savings until March 31, they will stand a chance to win a Proton X50 as the main prize of the Kempen Deposit Bonanza. Very Huat Ah, right?” he said.

Yunos said the Kempen Extravaganza FRIA-i was open to existing and new Agrobank customers with a minimum deposit of RM5,000 that offers a return rate of 4.25% for a period of 12 months.

This campaign, he added, would end on Feb 24.

“Agrobank continuously provides encouragement and guidance to customers and stakeholders particularly in managing finances because good financial management will help generate income and monitor business cashflow.

“Huat means prosperity (and) Agrobank believes that customers have the determination to have prosperity in their finances as well as financial freedom to guarantee a better future,” Yunos said.

Also present at the launch were Agrobank president and chief executive officer Tengku Datuk Ahmad Badli Shah Raja Hussin and assistant senior chief secretary (policy) of the agriculture and food security Abszra Davadason Peter.

Separately, Chan said Agrobank’s services were not only limited to financing the agrofood sector but also covered various other products such as takaful, will management and term savings, among others.

“The B40 income group as well as small and medium enterprises are among the groups easily affected by any impact caused by the uncertain economy.

“Agrobank’s initiative through this campaign is apt to nurture a saving culture in society,” he said.

Tengku Ahmad said there was a lot of opportunities on agriculture in Sabah as it had massive plots of land.

Earlier, Agrobank also organised the Huat Ah shopping spree programme to elevate the burden of schoolchildren from Chinese national-type schools from the B40 income group residing in the state capital for the Chinese New Year.

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Agrobank , Huat Ah , campaign


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