Bank Simpanan Nasional or BSN (English: National Savings Bank) 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 1974, which replaced the Post Office Savings Bank set up in 1948.[4]
Subsidiaries and associates
The agency has subsidiaries and associates which are involved in asset management, insurance and takaful:[5]