Bank Pertanian Malaysia Berhad (Agrobank):

Financing Scheme For Bumiputera Trade & Industry Community

Objective
To promote and develop Bumiputera entrepreneurs in agriculture sector, particularly in the production of food crop, processing and marketing of agriculture products except for rubber, oil palm, tobacco, cocoa, pepper, forestry, drinks and vegetable oil.

Maximum financing rate : 3.75% per annum

Maximum tenure : 10 years

Minimum financing : RM10,000

Maximum financing : RM5 million or 60% - 90% of total project cost

Participating financial institutions / Implementing Ministry / Agency
Bank Pertanian Malaysia Berhad (Agrobank)

Eligibility criteria

• Private limited company or institution of farmers and fishermen with paid-up capital/equity ownership more than RM100,000


• Application is supported by implementing department or agency

Eligible sector / Types of financing

• Commercial agriculture sector (crop, livestock, and fishery)
• Agriculture based manufacturing/processing industry (food processing, livestock and fish food, medicine for livestock, fishery and agriculture as well as manufacturing)
• Agriculture services
• Land acquisition (not exceeding 25% of total project cost)
  
  Financing should not be used for:
  
• Refinancing of existing loan
• Wages, salary and allowances

Application procedure
Application to be submitted to Agrobank

Contact
Bank Pertanian Malaysia Berhad (Agrobank)
Leboh Pasar Besar
P.O. Box 10815
50726 Kuala Lumpur
Tel : 03-2731 1600
Fax : 03-2691 4908
Website : www.agrobank.com.my

 
Last modified: 22 April 2008 12:15.