# Bank Simpanan Nasional (BSN)

> Source: https://docs.barcoder.ai/docs/wallets/bsn-malaysia
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [BSN — official](https://www.mybsn.com.my/)

## 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** <sup>[1][1], [Malaysia report](https://docs.barcoder.ai/docs/payments/MY)</sup>.

## 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](https://docs.barcoder.ai/docs/wallets/maybank-malaysia) (Maybank) + [CIMB Bank](https://docs.barcoder.ai/docs/wallets/cimb-bank) (CIMB Bank) + [Public Bank Berhad / MyPB](https://docs.barcoder.ai/docs/wallets/public-bank) (Public Bank Berhad) + [Hong Leong Bank Malaysia / HLB Connect](https://docs.barcoder.ai/docs/wallets/hong-leong-bank) (Hong Leong Bank) + [RHB Bank Malaysia / RHB Mobile Banking](https://docs.barcoder.ai/docs/wallets/rhb-bank) (RHB Bank) + [AmBank (Malaysia)](https://docs.barcoder.ai/docs/wallets/ambank-malaysia) (AmBank) + [Bank Islam Malaysia](https://docs.barcoder.ai/docs/wallets/bank-islam-malaysia) (Bank Islam Malaysia) + [Bank Rakyat Malaysia](https://docs.barcoder.ai/docs/wallets/bank-rakyat) (Bank Rakyat Malaysia) + [Affin Bank Malaysia](https://docs.barcoder.ai/docs/wallets/affin-bank-malaysia) (Affin Bank Malaysia) + [DuitNow QR](https://docs.barcoder.ai/docs/standards/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** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.mybsn.com.my/ "BSN — official"
[2]: https://en.wikipedia.org/wiki/Bank_Simpanan_Nasional "BSN — Wikipedia"
[my-cro]: https://docs.barcoder.ai/docs/payments/MY

- [1] [BSN — official][1]
- [2] [BSN — Wikipedia][2]
- <sup>[Malaysia report](https://docs.barcoder.ai/docs/payments/MY)</sup> In-corpus: `reports/countries/MY-malaysia.md`

## Source

Biography extracted from [bsn-malaysia.md](https://docs.barcoder.ai/source/wallets/bsn-malaysia). See `matrix.md` for standards-support matrix if present.