![](https://oneringgit.com/wp-content/uploads/2024/02/BANK-RAKYAT-MALAYSIA-1024x683.jpg)
Content
- Introduction
- The Bank History
- Details
- References
Introduction
Bank Kerjasama Rakyat Malaysia Berhad (Jawi: بڠک کرجاسام رعيت مليسيا برحد) or Bank Rakyat (Jawi: بڠک رعيت) was established on 28 September 1954 under Ordinance Cooperation’s Act 1948, regulated by Bank Negara Malaysia (BNM) under Development Financial Institutions Act (DAFIA 2002), Ministry Of Entrepreneur Development and Cooperatives (MEDAC) and Cooperatives Commission of Malaysia.
The Bank History
Details
Trade name Bank Rakyat
Company type Public limited company
Industry Banking
Founded 28 September 1954; 69 years ago
Headquarters Level 35, Menara 1, Menara Kembar Bank Rakyat, No. 33, Jalan Rakyat, KL Sentral,, 50470 Kuala Lumpur, Malaysia[1]
Key people
Haji Abd Rani Lebai Jaafar (Chairman)[1]
Mohammad Hanis Osman (CEO)
Products Financial services
Islamic Banking
Operating income
Decrease MYR 6.06 billion (2021)
MYR 6.55 billion (2020)
Net income
Decrease MYR 0.605 billion (2021)
MYR 1.251 billion (2020)
Total assets
Increase MYR 114.7 billion (2021)
MYR 111.5 billion (2020)
References
https://www.bankrakyat.com.my/c/about/corporate/overview-1
https://en.wikipedia.org/wiki/Bank_Rakyat
Disclaimer: This blog content is for informational purposes only and not professional financial advice. It is advisable to consult a financial advisor for personalized guidance.