KUALA LUMPUR, Oct 10 (Bernama) -- Bank Simpanan Nasional (BSN) said the RM1.7 billion allocation announced in Budget 2027 to address the financing needs of various target groups will provide momentum for it to reinforce its position as a leading microfinance institution in Malaysia.
General : Budget 2027: RM1.7 Bln Allocation To Strengthen BSNâs Microfinance Role
Budget 2027, BSN, GIG Workers
BE Bernama 
Key takeaways
Budget 2027 allocates RM1.7 billion to BSN to enhance its microfinance role, targeting youth, gig workers, and vulnerable groups.
- BSN receives RM1.7 billion to support microfinance initiatives in Malaysia.
- The funding aims to help gig workers, hawkers, and rural communities improve financial stability.
- BSN will use its branch network and digital channels to boost financial inclusion.
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