RHB Banking Group (“RHB” or the “Group”) through its subsidiary, RHB Islamic Bank Berhad (“RHB Islamic”), in collaboration with the Ministry of Education (“MOE”), launched the RHB MyTVETKPM initiative that introduces a multi-purpose smart card for students in Technical and Vocational Education and Training (TVET) institutions. The multi-purpose smart card functions both as a student matriculation identity card and an RHB debit card. A total of 74,000 students across 86 vocational colleges and 9 technical schools nationwide will benefit from this initiative.
“The launch of MyTVETKPM reinforces RHB Islamic’s alignment with the Malaysian government’s aspiration to elevate the TVET sector. As TVET becomes an essential pillar in Malaysia’s industrial and services department, RHB is proud to contribute by creating practical, student-friendly financial solutions that support a sustainable talent pipeline.” said Dato’ Adissadikin Ali, Managing Director of RHB Islamic Bank Berhad.
The MyTVETKPM nationwide rollout builds on the success of MySISWA which was introduced in 2022 and reached more than 600,000 students from 20 public universities. MyTVETKPM is a continuation of this innovative solution, designed specifically for TVET students. As part of the onboarding process, students will open an RHB Pro Savings Account-i. This enables a one-card-for-all experience, allowing them to manage funds, perform cashless payments, and enjoy exclusive promotions and discounts. These benefits cover a wide range of participating vendors and business partners of RHB, including those in the food and beverages, transport, education, lifestyle-related products and services sectors, as well as telecommunication and data packages.
“This initiative reflects our continued commitment to empowering students and institute of higher learnings through a holistic financial ecosystem. The introduction of a multi-purpose smart card isn’t just a convenience but also a tool for accessibility and inclusion. One that promotes better financial management, fosters saving habits and enables smart cashless campuses across the country,” added Dato’ Adissadikin.
The collaborative agreement for this initiative was signed between RHB Islamic with Yayasan Didik Negara, the official philanthropic arm of the Ministry of Education, in 2024.