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>

ABM, AIBIM And ADFIM To Assist Customers Affected By Floods
Maybank Islamic Wins Two Awards At WIBC Performance Awards Ceremony

 
Develop Data Analytics Ability In Four Sectors Including Waqf, Islamic Finance Industry Told

Standard Chartered, Allianz To Tap Asian Market Via Bancassurance Agreement
Maiden Takaful Coverage For Disabled Launched

 
LFSA Grants MAAIA Approval To Surrender Composite Insurance Licence

CLOSING, MONDAY: JAN 23
US 4.4360/4400
S'pore 3.1224/1259
100 Yen 3.9039/9078
Sterling 5.5219/5287
Euro 4.7572/7632
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

© 2017 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This material may not be published, broadcast, rewritten or redistributed in any form except with the prior written permission of BERNAMA.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