Recommend Us | About Us | Back to

News | Financial Calculator | Home Financing | Archived News |


  Welcome to Bernama Banking & Finance Special Page     
Bank Persatuan Upgrades Service Facility
Last update: 23/12/2006

KUALA LUMPUR, Dec 23 (Bernama) -- Bank Persatuan Malaysia Bhd has selected Microlink Banking Solutions (MiBS) for its complete Islamic core banking solutions needs.

The agreement was signed Saturday in Penang between Microlink chairman Datuk Ali Abdul Kadir and Bank Persatuan chairman Datuk Haji Mohamed Haji Darus.

"We are set to make a greater impact on our core business of retail banking. We are increasing our capacity to have our Islamic banking products in place for future growth," said Haji Mohamed.

In line with the expansion, he said the bank would open up new branches throughout the country.

"Our major concern is to upgrade the existing system and increase the efficiency of Bank Persatuan's operations. MiBS fits the criteria well and is able to meet our requirements and help us grow," he said.

Bank Persatuan is based in Penang and has been in operations since 1950s and is the second cooperative bank in Malaysia.