AKPK launched RUMAHKU, an online financial literacy module available in both English and Bahasa Malaysia. The module would give eligible Malaysians access to low-interest bank loans for financing the purchase of their first home.
It was made a requirement for all applicants to complete the RUMAHKU module before proceeding with their loan applications at participating banks across the country.
Through the RUMAHKU module, AKPK was able to:
Given the success of this initiative, AKPK has launched:
The Credit Counselling & Debt Management Agency (AKPK) is an agency established by the Central Bank of Malaysia to increase financial literacy through personal finance education, counselling and debt management initiatives across Malaysia.
Education and financial management