BANK SIMPANAN NASIONAL NEGERI KELANTAN

LOT 61 63 & 80 82, JALAN PINTU PONG, 15710 KOTA BHARU, KELANTAN

SITIE FATIMA ELANI BINTI MOHAMAD NOR BMF 09 07 035

DIPLOMA IN ISLAMIC BANKING AND FINANCE KOLEJ PROFESIONAL MARA BANDAR MELAKA

A number of people have made significant contributions to the preparation of my reports in my courses of Diploma in Islamic Banking and Finance. This is included by their perception, advice and suggestion have helped me a lot in my reports. I am very much thankful to Head of Bank Simpanan Negeri Kelantan, Mr. Zulkifli Bin Mohd Daud for his encouragement and valuable suggestions for give me improvement of the report. I would like to express my sincere gratitude and appreciation to Mr. Fazli Bin Ibrahim, Manager of Operation Branches for giving me chances for me to do my Industrial Training here. I would also like to thank my Kolej Profesional MARA advisor Madam Munirah Binti Salim because she have helped me a lot to give advice, guide me from begin until the end of my reports. A lot of thank I say to all the Head of every department and their staff because they have give me so much experience and knowledgement. Lastly, I would like to thank for my collage for give me a trust during my Industrial Training occurs.

http://www.scribd.com/doc/6949501/Report-On-Industrial-Training

5.7.1 Name : Sitie Fatima Elani Binti Mohamad Nor. Identification Card Number : 910217 Student Number : BMF 09 KPM Address : Age : 21 years old. Gender : Female. Name of Company : Bank Simpanan Nasional Negeri Kelantan. Address of company : Lot 61 Bharu, Kelantan. 63 & 80 82, Jalan Pintu Pong, 15710 Kota 07 035 03 5216

Date of Industrial Training : 5 December 2011 Duration of Industrial Training : 12 weeks. 5.7.2

26 February 2012.

5.7.3 5.7.4 Name of Company : Bank Simpanan Nasional (BSN). Address of company : Lot 61 Bharu, Kelantan. Telephone Number : 09 Fax Number : 09 Type of Business : Registration Number : Status of Company : Board of Director Name : Organization Chart :
Mission & Vision MISSION To improve the economic well being and quality of life of the Malaysian people by actively promoting savings, investment and the practice of sound financial management and by providing ready facilities for this purpose. VISION To be the national and preferred provider of comprehensive financial services for the Malaysian people. 5.7.5 Procedure 1) 2) 3) 4) Management Operation Marketing Finance : : : :

63 & 80

82, Jalan Pintu Pong, 15710 Kota

748 4466

744 8186

5.7.6 My works experiences : During I m having my Industrial Training at Bank Simpanan Nasional Negeri Kelantan, I ve got a lot of sweet memories. I can improve the knowledgement in accounting sector, how customer house can be auction, personal loan, mortgage, MRTA and at cetera. Besides, during I m having my practical here, I can be a strong girl because I m should face to face all the staff here with different behavior and ages. Actually, the different department have their own works.

5.7.7 Relevance course which I taken during I m study at Professional MARA collage is : Accounting :

Our History THE BEGINNINGS OF BANK SIMPANAN NASIONAL The advent of Savings bank service in Malaysia dates back to the late 19th century. The first banks, namely the Perak and the Selangor Savings Bank were started in 1888 and 1893 respectively and were administered by the respective State Treasuries until they were taken over by the Postal Department. In 1907 the Perak and Selangor Savings Banks were dissolved and brought under the Federated Malay States Post Office Savings Banks which also provided services in the states of Negeri Sembilan and Pahang. It had then 3,320 depositors with just over RM340,000 standing to their credit. Separate Savings Bank services under the Straits Settlement Post Office Savings Bank were in existence in Penang, Malacca and Singapore as early as 1902 while the Unfederated Malay States had their own Post Office Savings Banks in the years prior to the Second World War. Since 1949 savings with the Post Office Savings Bank have grown steadily. In 1949 it had 229,652 depositors with a credit balance of RM47.2 million. At the time of the launching of Bank Simpanan Nasional, Malaysia on 5th December 1974, it had more than 2.5 million depositors. The accumulated assets of the bank were over RM537

million, out of which over RM526 million were in government securities. The amount standing to the credit of depositors was over RM511 million. At the end of 1981, the Bank had more than 4.3 million depositors with accumulated assets of more than RM1.2 billion. With the establishment of Bank Simpanan Nasional, a new chapter is opened in the history of public saving institutions in the country. Bank Simpanan Nasional Act, 1974 provides for the transfer of the powers of management from the Postal Services Department to the Board of Directors which will assume functions and undertake responsibilities in accordance with the objectives of the Act. THE PROGRESS In its first year of operations since taking over the functions of the former Post Office Savings Bank on December 1, 1974, Bank Simpanan Nasional directed its effort at restructuring and streamlining its organization and simplifying procedures in order to provide improved facilities and services to its depositors. Towards this objective, the Bank has planned to decentralize the administration and control of its activities by setting up its own branch offices in major towns throughout the country. In areas where branch offices are not warranted, post offices and postal vans with savings bank facilities continued to be used to mobilize savings. Meanwhile, intensive publicity campaigns to promote the savings habit and to encourage thrift and savings among the general public were conducted on a national scale. Regional promotional officers visited schools and business centre to publicize the services offered by the Bank and to encourage the people to save with it. In 1975, the Bank continued to serve its depositors through 526 post offices, including 135 postal mobile units, acting as agents for the Bank. Net deposits with the Bank in 1975 rose by 6.2 per cent or $32.5 million. During 1976, Bank Simpanan Nasional added three new mobile units to bring the number in the mobile fleet to five. These units, together with 538 post offices with savings bank facilities, including 147 postal mobile units, enabled the Bank to provide an increasingly wider network to serve depositors, particularly in the smaller towns and rural areas. EXCERPT FROM THE LAUNCHING ADDRESS By the Late YAB Tun Haji Abdul Razak Bin Hussein, the Second Prime Minister of Malaysia "Bank Simpanan Nasional represents a new way in our efforts to instill thrift so that the people will be encouraged to save their money. It will maintain the high standards of the Post Office Savings Bank and at the same time bring several changes in keeping with present time.

I hope that with the launching of Bank Simpanan Nasional today, it will develop as a major saving institution and will expand the savings campaign of the government an anti-inflationary move and quicken the pace of national development. Therefore Bank Simpanan Nasional has an important role in the lives of the people and National Development."

The coin symbolizes money savings and the tree signifies that savings grow in Bank Simpanan Nasional. Coins have been chosen to represent savings and denote particularly that Bank Simpanan Nasional is the People's Bank and that no amount is too small for the purpose of saving. It's objective to promote the virtue of thrift and to inculcate the habit of saving and caters equally for the small as well as the wealthy savers. The 13 coins represent the 13 Malaysia states and describes a nation-wide service.

The symbol of "coin tree" which forms the main theme of the logo is an adaptation from the "pohon pitis" (coin tree) made of tin metal bearing 13 coins issued by Sultan Muhammad IV of the State of Kelantan in 1903 when it was still a tributary state of Siam. On one side of the coin was inscribed "THURIBA FI ZUL-HIJJAH SANAT 1321" i.e. struck in the month of Zul-hijjah 1903 and on the reverse "BELANJAAN KERAJAAN KELANTAN", i.e. currency of the Government of Kelantan. The coin or "pitis",

which in local Kelantanese dialect means money, was one of the denominations in circulation in Kelantan until 1920.

CORPORATE OBJECTIVES
To promote and mobilise savings, particularly from small savers. To inculcate the habit of thrift and savings. To provide the means for savings by the general public To utilise the funds of the Bank for investment including financing of economic development of the nation.