Recommend Us | About Us | Back to Bernama.com

News | Financial Calculator | Home Financing | Archived News |

 

  Welcome to Bernama Banking & Finance Special Page     
 
BSN To Introduce New Housing Loan Package In January

KUALA LUMPUR, Sept 10 (Bernama) -- Bank Simpanan Nasional (BSN) will be introducing a new housing loan package suited for the lower-income group in January next year.

In a statement today, BSN said the package, currently being put together, will cover both Islamic and conventional housing loan facilities.

It will be in line with BSN's vision to become a bank for all Malaysian communities and provide financing help for communities requiring such help.

In the 2008 Budget announced here last week, the government allocated a fund of RM50 million as bank guarantee for providing housing loans to those without any fixed income.

BSN now provides the Giro Conventional Home loan and the Islamic Al-Bai' Bithaman Ajil (BBA) Home loan facilities.

The bank, established in December 1974, currently has more than seven million clients with savings amounting to almost RM8 billion.

-- BERNAMA


 <Back>

Hong Leong Islamic Bank Bags Best Sukuk Award
Bank Rakyat Eyes Pre-tax Profit Of RM2.2 Bln For FY14

 
Muslim World Needs To Develop Revolutionary Method In Islamic Finance

 

Insurance Industry Needs To Work At Increasing Life Insurance Penetration Rate
PIAM Announces Appointment Of Mark Lim As New CEO

 
Zurich Insurance Launches New Children's Plan

OPENING FRIDAY: OCT 31
US 3.2830/2850
S'pore 2.5693/5730
100 Yen 3.0028/0055
Sterling 5.2512/2557
Euro 4.1385/1417
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
 

 
  Main | News | Insurance

© 2014 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy| Security Policy
This material may not be published, broadcast, rewritten or redistributed in any form except with the prior written permission of BERNAMA.
Best viewed in Firefox 8.0 & Internet Explorer 8.0 with 1024 x 768 resolution