IslamicFinance.de

Bank Simpanan National (BSN) has the purpose to aggressively grow its newly launched wealth management division by embracing the underserved takaful market.
Winston E. Jeyaprakas is the deputy chief executive of credit management and business support. He stated that they are looking for the wealth management division, which was launched in June, to provide between 12% and 15% to the bank's revenue by end-2012.
The divisions aim is to supply a full range of financial planning products and services to complement the overall business of the bank with further value-added products and services.