<\/p>\n\n\n\n
KOTA KINABALU: Minister of Entrepreneur Development and Cooperatives (KUSKOP), Datuk Ewon Benedick, today announced a 15% dividend for Bank Rakyat\u2019s 2023 financial year with the total payout amounting to RM424.62 million.<\/p>\n\n\n\n
The commendable financial performance has enabled Bank Rakyat to optimize capital and maintain a high dividend payout as a reward to Bank Rakyat\u2019s members and stakeholders for their continuous support.<\/p>\n\n\n\n
In conjunction with Bank Rakyat\u2019s 70th anniversary, Bank Rakyat is also declaring a special dividend of 2% with total payout of RM56.62 million and to be distributed based on eligible shareholdings as at 31 December 2023.<\/p>\n\n\n\n
Meanwhile, Ewon said the Group continues to support its yearly mandated role to the cooperative ecosystem by contributing 2% of its profit before taxation and zakat amounting RM35.47 million to the Cooperative Education Trust Fund and 1% or RM17.74 million to the Cooperative Development Provident Fund.<\/p>\n\n\n\n
Total contribution to these cooperative funds for the year 2023 amounted to RM53.21 million.<\/p>\n\n\n\n
During the press conference, Datuk Ewon Benedick also thanked the Group\u2019s members and stakeholders for the support given throughout the year.<\/p>\n","protected":false},"excerpt":{"rendered":"
KOTA KINABALU: Minister of Entrepreneur Development and Cooperatives (KUSKOP), Datuk Ewon Benedick, today announced a 15% dividend for Bank Rakyat\u2019s 2023 financial year with the total payout amounting to RM424.62 million. The commendable financial performance has enabled Bank Rakyat to optimize capital and maintain a high dividend payout as a reward to Bank Rakyat\u2019s members […]<\/p>\n","protected":false},"author":9,"featured_media":27838,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[28],"tags":[],"class_list":{"0":"post-27837","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-news"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts\/27837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/comments?post=27837"}],"version-history":[{"count":1,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts\/27837\/revisions"}],"predecessor-version":[{"id":27839,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/posts\/27837\/revisions\/27839"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/media\/27838"}],"wp:attachment":[{"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/media?parent=27837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/categories?post=27837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jesseltontimes.com\/wpmarch2025\/wp-json\/wp\/v2\/tags?post=27837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}