Bank Simpanan Nasional — Contact Email, Phone & Team

Overview

Bank Simpanan Nasional (BSN) is a government-owned bank in Malaysia, established to provide a variety of financial services such as savings accounts, loans, and investment products. BSN operates through a network of branches and agents, aiming to promote financial inclusion and support the economic development of Malaysia. In addition to traditional banking services, BSN has engaged in strategic partnerships and investments to enhance its offerings. Notably, in August 2023, BSN collaborated with Visa to launch the 'Accelerate My Business' program, a digital commerce training initiative designed to empower micro, small, and medium-sized enterprises (MSMEs) in Malaysia. This program focuses on enhancing the digital literacy of 750 selected micro-SMEs, enabling them to leverage e-commerce platforms effectively. Furthermore, BSN has been involved in significant financial transactions to support affordable housing initiatives. In November 2023, BSN committed RM500 million to a collaboration with Cagamas Berhad, the National Mortgage Corporation of Malaysia, to fund affordable housing projects. This initiative aligns with BSN's vision of fostering positive social change and contributing to sustainable development in Malaysia. BSN's investment philosophy centers on supporting initiatives that promote economic growth, financial inclusion, and social welfare. Through strategic investments and partnerships, BSN continues to play a pivotal role in Malaysia's financial landscape, aiming to deliver sustainable benefits to the nation and its citizens.

Investment Focus

Compliance with Malaysian financial regulations
Alignment with BSN's strategic objectives
Contribution to economic development and social welfare

Portfolio Companies

Cagamas BerhadVisa Malaysia

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Frequently asked questions about Bank Simpanan Nasional

What sectors does Bank Simpanan Nasional invest in?

Bank Simpanan Nasional invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Real Estate, and is based in Kuala Lumpur, Malaysia. Bank Simpanan Nasional is listed as a institutional investor in the ConnectSafely investor database.