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Elevating Lives, Empowering Communities

With over six decades of committed service and value creation, Koperasi Tentera (KT) stands tall as a pioneering credit cooperative in Malaysia, addressing the unique and diverse financial needs of our esteemed members since 1960.

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Members of KT will have the privilege to enjoy a wide range of exclusive benefits. This includes various financing schemes, comprehensive insurance packages, and reliable pawnbroking services, all complemented by robust welfare assistance.


KT is dedicated to creating true and lasting value for both members and stakeholders, and is continuously striving to be the most appealing investment proposition in the market

63

Established more than six decades ago

1.5K+

Active members use our facilities

23

23 branches have opened nationwide to serve members

3.24B

Our total assets as of end 2022 stood at RM3.24 billion

154M

KT’s profit before distribution for 2022 stands at RM154 million

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1.81B

Subcription Capital & Shares

Recognition

Milestones and Accolades

1960's

KT begins operating from the Ministry of Defence premises at Jalan Padang Tembak in KL.

A management committee is appointed, selected from Armed Forces personnel working full time.

The Management Committee is headed by its first Chairman, Colonel Ishak bin Shafie.

The Armed Forces Payroll Services (Urusan Gaji Angkatan Tentera or UGAT) assists the co-operative in managing all salary deductions and membership fees, which is a key factor contributing to KT’s success.

In 1965, KT successfully registers 2,000 members.

In 1966, the Loan Policy is introduced with guidelines to curb habitual borrowing.

In 1968, permanent staff are hired to address the issue of a lack of staff continuity.

Over the 60s, KT sees improved administrative practices.

1970's

Colonel Loo Yew Phin consolidates KT accounts enabling the organization to focus on profit-making.

Brigadier Jeneral Dato’ Hassan bin Haji Mohd Saleh, Management Committee Chair (1975-78), works with Royal Professor Ungku Aziz to draft bylaws that transform KT into a multi-purpose co-operative.

These bylaws set a blueprint for multipurpose co-operatives throughout the country.

In 1978, the Management Committee is renamed the Board of Directors.

In 1976, the first Suara Koperasi is published.

KT becomes one of the first in the world to introduce group insurance for the armed forces.

In 1977, KT unveils its corporate logo.

At the end of the 70s, KT’s membership stands at nearly 40,000.

Over the 70s, investment activities grow extensively, and KT delves into the housing sector.

1980's

Capitalizing on IT infrastructure

Awarded the Award of Excellence by the National Co-operative Organisation of Malaysia in 1991

Awarded the Certificate of Commendation by the Co-operative College of Malaysia in 1992

Won the prestigious Prime Minister’s Quality Award for the Social Sector in 1993

Moved to a new headquarters in Jalan Pahang Barat in 1996 to serve members more effectively

Further harmonization between the professionals running the management team and the Board of Directors in the 90s

2000's

Successful conversion of conventional loans to Islamic financing in 2003

Received an "I" rating in a due diligence audit by Bank Negara and the Department of Co-operative Development in 2005

Won the National Co-operative Award in 2005

Transformation of Group Insurance into the Takaful plan in 2006

Official appointment of Dato' Ahmad Zahudi as Chief Executive Officer in 2006

Introduction of Penyataan Arah guide on KT’s vision, mission, and action plans in 2006

Awarded the MS ISO standards certification for its work process and operational documentation in 2003, 2004, and 2009

Profits and total assets soared by 658% and 642% respectively to RM158 million and RM2.2 billion respectively in 2010 (from RM24 million and RM347 million respectively in 2000)

Utilization of external funds to intensify financing activities over the decade.

2010's

YBhg Brig Gen Dato' Ahmad Zahudi, Chief Executive Officer of KT, received the Anugerah Tokoh Koperator Wilayah Persekutuan

In 2010, KT was commended as a cooperative of excellence in the large cluster category by the Cooperatives Commission of Malaysia (CCM)

In October 2010, KT signed an agreement to establish the Great Eastern Takaful Malaysia, a partnership between Great Eastern and KT.

In 2016, KT and Tata Consultancy Services signed an agreement to develop KT's Core Banking System.

In July 2016, KT received two awards in conjunction with the National Cooperatives Day: Best Cooperative Award and Best Cooperative Profile.

In November 2016, KT received the Anugerah Koperasi Lestari Modal Insan: Kategori Koperasi Besar.

In 2017, KT's Chairman, YBhg Mej Gen Dato' Zulkiflee bin Mazlan, signed the integrity pledge at the Co-op Bank Corporate Governance Training and Integrity Pledge Ceremony hosted by the Cooperatives Commission of Malaysia (CCM).

In 2017, KT received second place for the Best Cooperative in Wilayah Persekutuan and Best Cooperative Profile at the National Cooperative Day 2017.

Awards

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  • 2010

    Anugerah Koperasi Cemerlang (Kluster)

  • 2011

    Anugerah Koperasi Cemerlang (Kluster)

  • 2013

    Anugerah Koperasi Perdana

  • 2014

    Tempat ke-4 dalam Profil Terbaik Malaysia 2014

  • 2015

    Tempat ke-4 dalam Profil 100 Koperasi Terbaik Malaysia 2015

  • 2016

    Anugerah Koperasi Terbaik (Sektor Perkhidmatan Kewangan),Profil Koperasi terbaik 2016,Peringkat Wilayah Persekutuan, Anugerah Koperasi Lestari Modal Insan,Kategori Koperasi besar (MKM)

  • 2017

    Ke-3 Koperasi Terbaik Malaysia

  • 2018

    Anugerah Kategori Sektor Perkhidmatan Kewangan

  • 2019

    The Asians Bankers Malaysia Awards 2019 Financial Technology Innovation Awards - Best Core Banking initiative, Application or Programme (Credit Co-operative Institution) Tempat ke-2 dalam Profil 100 Koperasi Terbaik Malaysia 2019

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