KUALA LUMPUR: Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) has set aside an allocation of RM13 billion for its Aslah Personal Financing-i next year, its chief executive officer, Datuk Kamaruzaman Che Mat said.This year, Bank Rakyat allocated RM16 billion for the personal loans.

To date, it has disbursed personal loans of RM13.3 billion to 900,000 borrowers.

“Our budget is RM13 billion. The actual figures for next year will depend on the market demand. We will increase the figure if demand is more than the allocation,” he told reporters after a prize presentation here today for the winners of its “Langgan and Menang” campaign for its i-personal financing 1Aslah.

Minister of Domestic Trade, Cooperatives and Consumerism Datuk Seri Ismail Sabri Yaakob officiated the ceremony.

The campaign which started in October, todate has seen some RM1.3 million disbursed during the campaign. — Bernama

It will end on Dec 31 this year.

The three-month campaign is being held in conjunction with Bank Rakyat’s 55th anniversary. — Bernama