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Bank Simpanan Nasional

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Bank Simpanan Nasional
Company typeState-owned enterprise
IndustryBanking
Founded1 December 1974
FounderGovernment of Malaysia & Tengku Razaleigh Hamzah
HeadquartersKuala Lumpur, Malaysia
Number of locations
390 branches (As of February 2021)
Key people
Jay Khairil Jeremy as CEO
ProductsBanking and Finance
RevenueIncrease RM1.04 billion (2019)[1]
Number of employees
7,400 (As of February 2021) [2]
Websitehttps://www.bsn.com.my/
117, Jalan Ampang, Kuala Lumpur
Wisma BSN (Headquarters) in Kuala Lumpur

Bank Simpanan Nasional (English: National Savings Bank) (BSN) is a government owned bank based in Malaysia. BSN offers banking services via BSN branches and BSN Banking Agents (EB BSN). BSN was incorporated on 1 December 1974 under the Minister of Finance at that time, Tengku Razaleigh Hamzah.

History

Bank Simpanan Nasional was incorporated on 1 December 1974, under the Bank Simpanan Nasional Act, which replaced the Post Office Savings Bank set up in 1948.[4]

Subsidiaries and associates

The agency has subsidiaries and associates which are involved in asset management, insurance and takaful:[5]

See also

References

  1. ^ "BSN Revenue 2019". Free Malaysia Day. Retrieved 26 September 2019.
  2. ^ "Number of Employee". The Star. Retrieved 3 February 2021.
  3. ^ "Corporate Profile". Bank Simpanan Nasional. Retrieved 21 September 2020.
  4. ^ "Act 146 BANK SIMPANAN NASIONAL ACT 1974" (PDF). Retrieved 20 April 2021.
  5. ^ Annual Report 2014, Bank Simpanan Nasional, archived from the original on 31 March 2015, retrieved 23 August 2015

Further reading