Monday, August 6, 2012

BSN Aims For 260 Agents By Year-End To Expand Branchless Banking Services In Penang

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=685903

Published: August 06, 2012

GEORGE TOWN, Aug 6 (Bernama) -- Bank Simpanan Nasional (BSN) aims to expand its banking beyond branches (3B) services in Penang by appointing 260 agents by year-end from 57 agents currently.

BSN Director for Penang Mohd Khairil Mohd Nor said the bank had identified potential agents and awaiting point of sale devices to start the banking services.

BSN's 3B is a branchless banking concept, offering financial acessibility to customers, especially in areas without banks. It enables customers to perform banking transactions conducted by authorised agents at retail outlets.

Mohd Khairil said BSN is the first and only bank to introduce such services providing banking channel to under-served customers in the absence of a bank, especially in rural areas.

"BSN is unique because we cater for corporate social responsibility and business," he told reporters after breaking fast with orphans, staff and partners Sunday night.

-- BERNAMA

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