Banking and Saving Schemes

The banking system in Malaysia is well-established and matured with both local and global players in the market. Numerous services are available to the public including savings account, current account, fixed deposits, and credit cards, just to name a few.

For those who prefer it, Islamic banking services are available for mortgages and savings as well. Most banks also offer telephone and internet banking as a means of simplifying bill payments, fund transfers and checking transactions.

For more information on the products and services offered by individual banks, please click the links below:

Local Banks

Public Bank

Bank Rakyat

Bank Muamalat

Islamic Bank

International Banks

The government has also incorporated Bank Simpanan Nasional, a bank which was previously the Post Office savings bank. The mission behind this creation is :

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; and

To promote the interest of its depositors

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