Bank Simpanan Nasional

{{Short description|Government owned bank based in Malaysia}}

{{Use dmy dates|date=March 2021}}

{{Infobox company

| name = Bank Simpanan Nasional

| logo =

| logo_caption = Company logo which has the pohon pitis symbolizing grown and wealth{{cite web |title=Corporate Profile |url=https://www.mybsn.com.my/content.xhtml?contentId=233 |website=Bank Simpanan Nasional |accessdate=21 September 2020}}

| type = State-owned enterprise

| foundation = 1 February 1990

| founder = Government of Malaysia & Tengku Razaleigh Hamzah

| location = Kuala Lumpur, Malaysia

| key_people = Jay Khairil Jeremy as CEO

| revenue = {{increase}} RM1.04 billion (2019){{cite web |title=BSN Revenue 2019 |url=https://www.freemalaysiatoday.com/category/business/2019/09/26/bsn-net-profit-jumps-119-7-to-rm133-8-mil/#:~:text=KUALA%20LUMPUR%3A%20Bank%20Simpanan%20Nasional,the%20same%20period%20last%20year. |website=Free Malaysia Day |accessdate=26 September 2019}}

| num_employees = 7,400 (As of February 2021) {{cite web |title=Number of Employee |url=https://www.thestar.com.my/business/business-news/2021/02/03/bsn-appoints-jay-khairil-jeremy-as-chief-executive |website=The Star |accessdate=3 February 2021}}

| locations = 390 branches (As of February 2021)

| products = Banking and Finance

| industry = Banking

| homepage = https://www.bsn.com.my/

}}

File:Wisma BSN - 3 Feb 2020.jpg

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 February 1990 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.{{cite web |title=Act 146 BANK SIMPANAN NASIONAL ACT 1974 |url=https://www.bsn.com.my/cms/upload/pdf/footer/bsn_act_1974.pdf |access-date=20 April 2021}}

Subsidiaries and associates

The agency has subsidiaries and associates which are involved in asset management, insurance and takaful:{{citation |title=Annual Report 2014 |url=http://www.mybsn.com.my/formdownload?formDownloadId=37 |publisher=Bank Simpanan Nasional |access-date=2015-08-23 |archive-date=31 March 2015 |archive-url=https://web.archive.org/web/20150331152510/http://www.mybsn.com.my/formdownload?formDownloadId=37 |url-status=dead }}

See also

References

{{reflist}}

Further reading

  • {{cite news

|url=http://biz.thestar.com.my/news/story.asp?file=/2006/8/9/business/15088078&sec=business

|title=BSN and Prudential to tap takaful market

|author=Nick Leong

|date=August 9, 2006

|work=The Star Online

|accessdate=2006-09-15}}