PASIR MAS, Oct 28 (Bernama) -- Agrobank has disbursed RM70 million in financing to 7,500 padi farmers so far this year through its Agropadi-i As-Salam scheme to help them finance their cultivation activities, said Padi and Rice Regulatory director-general Datuk Luqman Ahmad.
General : Agrobank Disburses RM70 Mln To 7,500 Padi Farmers
Agrobank, padi farmers, financing, local white ric
Key takeaways
Agrobank disbursed RM70 million to 7,500 padi farmers through the Agropadi-i As-Salam scheme this year.
- The scheme offers up to RM50,000 in collateral-free financing with six-month repayment terms.
- It aims to support farmers with cultivation costs and reduce reliance on informal lenders.
- Agrobank helps address agricultural financing challenges as per government procedures.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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Related reporting
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- Utusan Malaysia Agrobank salur RM70 juta pembiayaan padi, manfaat 10,000 pesawah
- Bernama General : Agrobank Disburses RM70 Mln To 7,500 Padi Farmers (this story)


