Bank Simpanan Nasional

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.

Bank Simpanan Nasional

Company type	State-owned enterprise
Industry	Banking
Founded	1 February 1990
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

BSN Tower in Johor Bahru

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