BSN to in­crease agents, has no plans to re­duce branches and staff

New Straits Times - - Business - Halim Said

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.

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