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>

Islamic Fintech Aims 20 More Ventures On IAP By 2018
Malaysia To Fully Implement PIN And PAY System By July 1, 2017

 

MNRB Expects Better Performance In FY17
'Dream To Fly' Tops In Youth Video Awards 2016

 
General Insurance Industry Records Moderate Growth Of 3 Pct In First-Half 2016

OPENING, TUESDAY, SEPT 27
US 4.1400/1450
S'pore 3.0408/0451
100 Yen 4.1268/1338
Sterling 5.3625/3711
Euro 4.6546/6611
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

© 2016 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This material may not be published, broadcast, rewritten or redistributed in any form except with the prior written permission of BERNAMA.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