Bank Rakyat

Bank of Malaysia

Not to be confused with Bank Rakyat Indonesia.

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Bank Kerjasama Rakyat Malaysia Berhad

Trade name

| Bank Rakyat
Company type| Public limited company
Industry| Banking
Founded| 28 September 1954; 70 years ago (1954-09-28)
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

* MYR 6.06 billion (2021)[1]
* MYR 6.55 billion (2020)

Net income

* MYR 0.605 billion (2021)[2]
* MYR 1.251 billion (2020)

Total assets|

* MYR 114.7 billion (2021)[2]
* MYR 111.5 billion (2020)

Website| www.bankrakyat.com.my
Ground part of former Bank Rakyat building at Jalan Tangsi, Kuala Lumpur in April 2013

Bank Kerjasama Rakyat Malaysia Berhad (Jawi: بڠک کرجاسام رعيت مليسيا برحد‎) or Bank Rakyat (Jawi: بڠک رعية‎) was established on 28 September 1954 under Ordinance Cooperation’s Act 1948,[3] 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.

## References

[edit]

1. ^ a b c "Annual Report 2021" (PDF). bankrakyat.com.my. Retrieved 18 March 2023.
2. ^ a b "Year Ended Dec 2021" (PDF). bankrakyat.com.my. Retrieved 18 March 2023.
3. ^ "Bank Info / Overview". Bank Rakyat. Retrieved 21 March 2024.

* www.bankrakyat.com.my

## External links

[edit]

* Ministry Of Entrepreneur Development and Cooperatives (MEDAC) Archived 2020-06-19 at the Wayback Machine