Following the recent dividend announcement of 6.5 percent for 2010, Bank Persatuan also decided to increase the maximum investment limit for 2011.
During their board meeting last December, the limit for was reduced to RM2,000 individual & RM20,000 for co-operative members. However, starting August 2011, the limit is increased again.
Below are the details on the new limits.
Existing members
- Individual members allow to invest additional RM20,000 on top of existing share.
- Co-operative members allow to invest additional RM100,000 on top of existing share.
New members
- Individual members allow to invest maximum of RM20,000.
- Co-operative members allow to invest maximum of RM100,000 .
Maximum limit of shares investment are subjected to change from time to time as approved by the board. Better hurry, they may reduce or close the membership.
Read more on “Bank Persatuan Membership”
Read more on “Historical Dividend” distribution from Bank Persatuan Share Investment.
Is it open for non-Malay membership?
insane, unfortunately no.
That was bad.
i have to wait another 1 year to get my capital after i closed my investment with the bank persatuan. the management and policy is terrible that’s why the dividend is not attractive and the bank did not widely expend although have establish for long time.