Agrobank Expects 140 Pct Growth In Deposits By October

PUTRAJAYA, Sept 25 (Bernama) -- Agrobank expects its deposit products to grow by 140 per cent by the end of the Mega Million 2.0 Campaign in October, said its president and group chief executive officer Datuk Tengku Ahmad Badli Shah Raja Hussin.

He said the campaign, launched on Nov 1, has received an encouraging response, with a noticeable increase in subscriptions to the bank's products.

“For instance, deposit products have already grown by 118 per cent.

“Additionally, Ar-Rahnu financing has seen an increase of over RM600 million, while AgroCash-i Personal Financing approvals have surpassed RM2 billion,” he said during the prize-giving ceremony for the third round of the Mega Million 2.0 Campaign held today.

Also present was chief operating officer Zahid Ahmad Zawawi.

Tengku Ahmad Badli Shah said  the campaign has played an essential role in promoting Agrobank’s wide range of products, while also encouraging Malaysians to adopt a savings habit to secure their financial future.

“To further enhance this campaign, every entry from Sept 1 to Oct 31, 2025, will receive double participation points, increasing the chances of winning prizes.

“To date, 160 winners have already received prizes, including cars, cash, and gold,” he added.

He noted that six lucky winners have taken home cars, including a Mitsubishi Xpander, Proton S70, and Perodua Myvi.

“What’s even more exciting is the grand prize -  a Ford Ranger Raptor, which will be awarded to one lucky winner during the final draw,” he said.

The Mega Million 2.0 Campaign, which runs from Nov 1, 2024, to Oct 31, 2025, is open to both new and existing Agrobank customers, with total prizes exceeding RM2.5 million.

The winners for May, June, and July 2025 include Yek Chu Tiing from Agrobank Kuching, who won a Mitsubishi Xpander; Mohd Rozaki Ismail from Agrobank Pekan, who drove home with a Proton S70; and Lawin Anak Unggot from Agrobank Betong, who won a Perodua Myvi.

Meanwhile, Yek, 57, shared his excitement after winning a car, having saved with Agrobank for seven years.

“I joined Agrobank when I started my pineapple farm in Asajaya, Sarawak. Agrobank has always supported farmers with low-interest rates,” he said.

He also emphasised the importance of saving for the future, especially for the younger generation, and encouraged them not to hesitate to invest in their future.

Mohd Rozaki, 45, also expressed his excitement about winning a car after consistently saving with Agrobank for almost two years.

"I joined the Mega Million 1.0 Campaign and have been saving with Agrobank ever since. This time, I’m lucky. My advice to young people is to start saving for the future, as it’s very important," he said.

-- BERNAMA