Bank Simpanan Nasional Act 1974 · Updated to 1 Dec 2011 · Part II · Establishment, Objects and Powers
Bank Simpanan Nasional Act 1974 · Updated to 1 Dec 2011 · Part II · Establishment, Objects and Powers
Official textFrom Laws of Malaysia Online, unchanged
The principal objects of the Bank shall be—
Bank
“Bank” means the Bank Simpanan Nasional established under section 3; ______________________________________________________________ *NOTE—This Act will be repealed by Bank Simpanan Nasional Berhad Act 1997 when…
to promote and mobilize savings, particularly from small savers, and to encourage thrift and the saving habit;
to provide means for savings by the general public;
to utilize the funds of the Bank for investments, including financing for the economic development of the nation;
to assume the functions and responsibilities of the Post Office
Savings Bank; and
to promote the interests of its depositors and other customers.
Bank
“Bank” means the Bank Simpanan Nasional established under section 3; ______________________________________________________________ *NOTE—This Act will be repealed by Bank Simpanan Nasional Berhad Act 1997 when…
Post Office Savings Bank
“Post Office Savings Bank” means the Post Office Savings Bank established under the Post Office Savings Bank Act 1948;
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