Bank Simpanan Nasional

Bank Simpanan Nasional (English: National Savings Bank) (BSN) is a government owned bank based in Malaysia.

Bank Simpanan Nasional
Government-linked company
IndustryBanking
Founded1 December 1974
HeadquartersKuala Lumpur, Malaysia
ProductsBanking and Finance
Websitehttps://www.mybsn.com.my/
Wisma BSN (Headquarters) in Kuala Lumpur

History

BSN was incorporated on 1 December 1974 under the Minister of Finance at that time, Tengku Razaleigh Hamzah. With its incorporation, BSN has taken over all the duties and responsibilities of the Post Office Savings Bank.

BSN’s mission is to encourage savings, investments and smart financial management among Malaysians to increase their quality of life. BSN has more than 5,100 employees, 400 branches, 5,000 EBB agents and 621 automatic teller machine (ATM) spread all over Malaysia. BSN has more than 7 million customers spread throughout the length and breadth of the country and with savings of more than RM 8 billion. BSN is continuously enhancing its services as well as expanding its range of products for the benefit of its customers. BSN’s main products include Personal Financing, mortgage loans, Premium Saving Certificate (SSP), Islamic Banking Scheme, Giro Savings Account, BSN Matrix and Matrix-i Debit Card as well as VISA and MasterCard credit card.[1]

Subsidiaries and associates

The agency has subsidiaries and associates which are involved in asset management, insurance and takaful:[2]

References
  1. Main Archived 2008-01-02 at the Wayback Machine
  2. Annual Report 2014, Bank Simpanan Nasional, retrieved 2015-08-23

Further reading


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