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NewsBSN expects RM1.3bil net income this year
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BSN expects RM1.3bil net income this year
by hlk Tue 11 Sep 2012, 08:15
KUALA LUMPUR: Bank Simpanan Nasional (BSN) expects its net income to
touch RM1.3bil this year from RM1.03bil in 2011, mainly driven by
higher loan revenue and better utilisation of the community bank
through various government initiatives.
Deputy chief executive
(retail banking) Winston E. Jeyaprakash said this year, BSN expected
better contribution from its non-interest income with the bank's
enhanced infrastructure for wealth management and remittance.
He
said 2012 was expected to be a better year for BSN as it had plans for
enhanced versions of existing products as well as better and efficient
online banking services.
“We are improving our infrastructure and banking channels such as Internet banking. We are bringing it to a very new level.
“We
are also looking to increase our agent base for the banking beyond
branches (3B) services to 3,000 agents by end of this year from 2,016
agents who have done 1.3 million transactions worth about RM130mil as
of Aug 31, 2012,” Winston told reporters on the sidelines of BSN's Hari
Raya open house yesterday. Bernama
touch RM1.3bil this year from RM1.03bil in 2011, mainly driven by
higher loan revenue and better utilisation of the community bank
through various government initiatives.
Deputy chief executive
(retail banking) Winston E. Jeyaprakash said this year, BSN expected
better contribution from its non-interest income with the bank's
enhanced infrastructure for wealth management and remittance.
He
said 2012 was expected to be a better year for BSN as it had plans for
enhanced versions of existing products as well as better and efficient
online banking services.
“We are improving our infrastructure and banking channels such as Internet banking. We are bringing it to a very new level.
“We
are also looking to increase our agent base for the banking beyond
branches (3B) services to 3,000 agents by end of this year from 2,016
agents who have done 1.3 million transactions worth about RM130mil as
of Aug 31, 2012,” Winston told reporters on the sidelines of BSN's Hari
Raya open house yesterday. Bernama
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