Difficult To Get Bank Pertanian Loans
Thursday, 23 March
KUALA LUMPUR: Parti Bersatu Sabah (PBS) today
urged the federal government to look into complaints
by Sabah farmers that they faced enormous difficulties
in obtaining agricultural loans from Bank Pertanian.
deputy president, Dr Maximus Ongkili said many farmers
at the district level had complained of delayed processing
and eventual rejection of their loan applications
despite meeting the necessary conditions and security
requirement of the loans applied.
was participating in the debate on the Budget 2000
allocation for the ministry of agriculture which provided,
among others, RM18 million as a grant to Bank Pertanian
From information received, many loan applicants from
Kota Marudu, Kota Belud and Keningau have complained
that processing of their applications took up to six
months or even one year to complete. There are also
those who never received a reply from the Bank and
after months of waiting asked to resubmit fresh applications,"
Ongkili said it was a major blow to farmers in disparate
need of credit especially at a time when the minister
of finance had directed banks to disburse loans for
profitable ventures as a means to revitalise the economy.
Bandau member of parliament also asked the government
to disclose the number of loan applications received
from Sabah in 1999 by Bank Pertanian, the number of
successful applicants, and total amount approved under
the Fund For Food (FFF) loan scheme.
Ongkili also called on the government to appoint prominent
Sabahans and Sarawakians on the Board of the Bank
to ensure that the peculiar economic conditions of
both states are taken into account in the formulation
of lending policies and investment priorities.