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Bank Persatuan

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The merging of cooperative banks in 1954 led to the creation of "Bank Agung" which then changed to "Bank Kerjasama" in 1967 and later was known as "Bank Rakyat" in 1972. In 1971, "Lembaga Pertubuhan Peladang" (Planters' Organization Board) was established and all agricultural-based cooperative
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During its establishment, CBP's office was located at the building of "Pejabat Jabatan Kemajuan Kerjasama Bukit Mertajam" whereas its staff's salary was paid by the government. Bank Persatuan activities at that time remained focused on credit
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Co-opbank Pertama (CBP) was originally established and officially registered as a cooperative company on 7 June 1950, under the Cooperative Company Ordinance (1948) which is currently known as the Cooperative Act (1993).
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or can simply be called Bank Persatuan. In September 2018, its name was changed to Co-opbank Pertama as part of its transformation & re-branding process.
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under "Lembaga Pertubuhan Peladang" administration. In that same year Bank Persatuan opened its membership to individual members.
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In 1971, the cooperative opened its membership to both individuals and cooperatives. By 1981 its changed its name to
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Its creation is the result of the merging of over 21 Village Cooperative Companies (
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and only in 1995, Bank Persatuan adopted its current name when it is changed to
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"Bank Persatuan"
news
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Cooperative bank
Islamic banking
Kuala Lumpur, Malaysia
Banking
finance
www.cbp.com.my

headquarters
Ground floor
Jawi
cooperative banking
Penang, Malaysia
Peninsular Malaysia
Malay
Bukit Mertajam, Penang
Province Wellesley

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