English | Bahasa Malaysia Contact Us | Links | Help | Site Map
 
 
Search
 HISTORY
image

Bank Rakyat's 1st corporate logo
 
 image
Tan Sri Sheikh Ahmad Mohd. Hashim, Bank Rakyat's 1'st Chairman
  • Bank Rakyat was established in September 1954 under the Cooperative Ordinance 1948, following an expansion of the cooperative movement in Peninsular Malaysia.
  • To facilitate the expansion of the cooperative movement, the co-operatives set up their respective union banks provide financial needs to their members.
  • On 28 September 1954, 11 of these union banks decided to merge and form Bank Agong (Apex Bank)
  • In 1967, Bank Kerjasama Malaysia Berhad replaced Bank Agong with its membership opened not only to the cooperatives, but also to individuals. Subsequent changes in the by-laws also resulted in the creation of its subsidiary companies and opening of branches to serve customers as well as members.
  • On 6 January 1973, the name was changed to Bank Kerjsama Rakyat Malaysia Berhad or better known as Bank Rakyat.
  • Bank Rakyat is governed by its by laws and Bank Kerjasama Rakyat (M) Berhad Act 1978 (Special Provision 202), which allows Bank Rakyat to provide financing to non-members.
  • In 1989, Bank Rakyat was placed under the Ministry of Land and Co-operative Development and the Ministry of Finance

Pages: 1  2  

  bank negara malaysia  SME   relatedlink  relatedlink  relatedlink  relatedlink  relatedlink   relatedlink   relatedlink  relatedlink  msc  Yayasan Bank Rakyat  Bank Rakyat School Of Business And Entrepreneurship
 
Ibu Pejabat
Bangunan Bank Rakyat, Jalan Tangsi, Peti Surat 11024, 50732 Kuala Lumpur.
Tel: 03-26129600, Fax: 03-2612 9655, Tele-Rakyat : 03-21179000
 RSS
 
Copyright 2010 © Bank Kerjasama Rakyat
Term & Condition | Privacy Policy| Security Policy | Disclaimer
Best viewed in IE 7.0 & above and Mozilla Firefox 2.0 & above with 1024 x 768 resolution