| Type | State-owned enterprise |
|---|---|
| Industry | Banking |
| Founded | 1 December 1974 |
| Founder | Government of Malaysia & Tengku Razaleigh Hamzah |
| Headquarters | Kuala Lumpur, Malaysia |
Number of locations | 390 branches (As of February 2021) |
Key people | Jay Khairil Jeremy as CEO |
| Products | Banking and Finance |
| Revenue |  RM1.04 billion (2019)[1] |
Number of employees | 7,400 (As of February 2021) [2] |
| Website | https://www.bsn.com.my/ |
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.[3]
Subsidiaries and associates
The agency has subsidiaries and associates which are involved in asset management, insurance and takaful:[4]
- Permodalan BSN Berhad (unit trust fund management)
- Prudential BSN Takaful Berhad (takaful)
- Gibraltar BSN Life Berhad (life insurance)
See also
- Post Office Savings Bank (Singapore)
- List of banks in Malaysia
References
- ↑ "BSN Revenue 2019". Free Malaysia Day. Retrieved 26 September 2019.
- ↑ "Number of Employee". The Star. Retrieved 3 February 2021.
- ↑ "Act 146 BANK SIMPANAN NASIONAL ACT 1974" (PDF). Retrieved 20 April 2021.
- ↑ Annual Report 2014, Bank Simpanan Nasional, archived from the original on 31 March 2015, retrieved 23 August 2015
Further reading
- Nick Leong (9 August 2006). "BSN and Prudential to tap takaful market". The Star Online. Retrieved 15 September 2006.
External links
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