BSN Projects Student Savings To Grow 50 Per Cent Next Year

PUTRAJAYA, Dec 12 (Bernama) -- Bank Simpanan Nasional (BSN) is projecting a 50 per cent growth for its Students Savings Incentive Scheme (SGSP) next year, says Chief Executive Datuk Adinan Maning.

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=914928
Published: December 13, 2012

The SGSP, launched in 1982, currently stands at RM260 million. Adinan said the savings for the SGSP for the first eleven months of this year reached RM86 million.

"For this year, more than 3,800 schools with 400,000 students from all over the country, participated in the SGSP competition at the national level," he told reporters at a ceremony to present cash to winners of the SGSP.

This year, the national level SGSP competition offered cash prizes of more than RM180,000 with 70 prizes covering two key categories, that is individuals and schools.

Adinan said BSN was also targeting an increase of 50 per cent involvement of students in the SGSP for 2013.

-- BERNAMA