BSN to increase agents, has no plans to reduce branches and staff
Bank Simpanan Nasional (BSN) has no plans to trim the number of branches nor staff strength despite uncertain economic conditions.
BSN chief executive officer Datuk Adinan Maning said the lender would continue it branch operations and keep its staff but increase the service of agent banks nationwide.
“The challenges in the global economic climate will affect the banking sector’s performance but BSN believes it always needs to strive to become better and remain relevant.
“Right now we have no plans to reduce the number of branches and staff numbers. We want to improve our banking services and financing to the community and not be driven by profits only,” he said after opening the main branch building of BSN Johor, here, yesterday.
Adinan said since its inception in 1974, BSN now has 403 branches with more than 7,200 employees nationwide, in addition to 731 automated teller machines and 407 cash deposit machines.
There are about 7,000 bank agents registered nationwide, and the number will be increased between 500 and 1,000 this year in both urban and rural areas.
He also said BSN had more than 9.19 million depositors with total deposits amounting to between RM15 billion and RM20 billion.
“The number of BSN depositors increases between 50,000 and 100,0000, annually, and they were mostly school students.”
The bank’s main branch in Johor will now operate from the new building at Jalan Abdullah Ibrahim here from Wisma Maria in Jalan Ngee Heng for the past 29 years.
Development of the RM60 million office started in April 23 and was completed at the end of last year after its lease at Wisma Maria ended.
“The bank’s new main office building is a bold move by us in consolidating our operations in Johor,” said Adinan.
The BSN main branch office in Johor. The bank is consolidating its operations in the state.