Company Information

Get to know Co-opbank Pertama

Originally established in 1950 as The Province Wellesley Co-operative Banking Union Limited, Co-opbank Pertama (CBP) is the first cooperative bank in Malaysia. It operates under the supervision of both the Malaysia Co-operative Societies Commission and Bank Negara Malaysia. The bank's mission is to be the premier Shariah-compliant cooperative financial institution, providing competitive and innovative banking products such as personal financing, mortgage financing, Ar-Rahnu (Islamic pawnbroking), and various deposit accounts, primarily serving its cooperative members and the wider Malaysian public.

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Financial BankingPRIMARY
Financial Other Service

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Co-opbank Pertama

Malaysia

Founded in

1950 (76 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.