Beruas: Yayasan Bank Rakyat (YBR) has distributed RM40,000 in schooling aid to 400 students from B40 families in Beruas. In a statement today, YBR said that the assistance is an incentive to help eligible students purchase school supplies.

According to BERNAMA News Agency, Senator Datuk Dr Azhar Ahmad officiated the YBR School Assistance ceremony at Dewan Inderawati Beruas. The event was attended by YBR chief executive officer Syaiful Rizal Abdul Ghani and corporate communication department manager Mohamad Ghazali Zainal Abidin.

In the statement, Azhar expressed gratitude to YBR for its ongoing support in aiding the disadvantaged. He also voiced his hope for the foundation to expand its education-based initiatives throughout Perak.

Syaiful Rizal mentioned that the aid aims to alleviate the financial burden on parents. He added that the assistance exemplifies YBR’s commitment to those in need while also encouraging students to strive for academic excellence.

According to YBR, last year, 31,865 school students in 83 locations benefitted from this initiative, with a total allocation of RM3.46 million. Since its inception on May 16, 2007, YBR has been dedicated to assisting less fortunate Malaysians, Bank Rakyat customers, and their children with initiatives in education and human capital development.