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 Banking To See Rapid Advancement -- RAM
South East Asian Islamic Nations Urged To Become Drivers Of Shariah-Based Finance

 
Islamic Banking M&A Plausible, Says AllianceDBS

LIAM Collaborate With IJN To Promote Heart Disease Awareness
LIAM Collaborate With IJN To Promote Heart Disease Awareness

 
PIAM, Members Given A Month To Provide Evidence On Non-infringement Of Competition Act

CLOSING, FRIDAY, MARCH 24
US 4.4230/4280
S'pore 3.1600/1651
100 Yen 3.9789/9845
Sterling 5.5248/5328
Euro 4.7777/7849
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This material may not be published, broadcast, rewritten or redistributed in any form except with the prior written permission of BERNAMA.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