Bank Simpanan Nasional (BSN)

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Overview

Bank Simpanan Nasional (BSN) is Malaysian state-owned savings + commercial bank + Government of Malaysia Ministry of Finance ~100%+ controlling + Malaysia's national savings + microfinance commercial bank + founded Dec 1 1974 in Kuala Lumpur Malaysia as Bank Simpanan Nasional national savings bank consolidating Post Office Savings Bank Malaysia ^{1, Malaysia report}.

History

Dec 1 1974 — Bank Simpanan Nasional BSN founded in Kuala Lumpur Malaysia as Bank Simpanan Nasional national savings bank consolidating Post Office Savings Bank Malaysia under Malaysian government banking modernisation distinctive Malaysian banking heritage as Malaysia's national savings bank.

2014 — BSN Mobile banking app launch.

Ownership & operator

Operating entity: Bank Simpanan Nasional BSN (Malaysian state-owned savings + commercial bank).

Major shareholders: Government of Malaysia Ministry of Finance ~100%+ controlling.

Regulators: Bank Negara Malaysia BNM + Ministry of Finance Malaysia.

Technical integration

BSN Mobile app (iOS + Android) + mybsn.com.my online + Bank Simpanan Nasional branch network across Malaysia (Malaysia's national savings + microfinance commercial bank reaching Malaysian rural communities through nationwide branch network) + BSN Visa + Mastercard cards; DuitNow QR (Malaysian national QR payment scheme) + Malaysian Ringgit MYR domestic transfers.

Implementations & partners

Major Malaysian banking + payments competitors: Maybank Malaysia (Maybank) + CIMB Bank (CIMB Bank) + Public Bank Berhad / MyPB (Public Bank Berhad) + Hong Leong Bank Malaysia / HLB Connect (Hong Leong Bank) + RHB Bank Malaysia / RHB Mobile Banking (RHB Bank) + AmBank (Malaysia) (AmBank) + Bank Islam Malaysia (Bank Islam Malaysia) + Bank Rakyat Malaysia (Bank Rakyat Malaysia) + Affin Bank Malaysia (Affin Bank Malaysia) + DuitNow QR (DuitNow QR).

Regulators: Bank Negara Malaysia BNM + Ministry of Finance Malaysia.

Status

Active, Malaysian state-owned savings + commercial bank + Government of Malaysia Ministry of Finance ~100%+ controlling + Malaysia's national savings + microfinance commercial bank + founded Dec 1 1974 in Kuala Lumpur Malaysia as Bank Simpanan Nasional national savings bank consolidating Post Office Savings Bank Malaysia ^{1, 2}.

Sources

1 BSN — official
2 BSN — Wikipedia
^{Malaysia report} In-corpus: reports/countries/MY-malaysia.md

Source

Biography extracted from bsn-malaysia.md. See matrix.md for standards-support matrix if present.