http://www.mbsb.com.my malaysia building society berhad

http://www.mbsb.com.my

History of malaysia building society berhad

The origin of Malaysia Building Society Berhad (MBSB) can be traced to the Federal and Colonial Building Society Limited incorporated in 1950. Later than in 1956, it changed to Malaya Borneo Building Society Limited (MBBS), with the Malaysian Government as its major shareholder. MBBS was listed on the Stock Exchange of Malaysia and Singapore in August 1963.

MBSB was incorporated in Malaysia under the Companies Act, 1965 on 17 March 1970, before it was listed on the Kuala Lumpur Stock Exchange on 14 March 1972. The Employees Provident Fund Board (EPF) and Permodalan Nasional Berhad (PNB) are the major shareholders with 63.02% and 11.10 % of shares respectively.

As the first property financier, MBSB offers a spectrum of innovative products and services through its network all over Malaysia including in Sabah & Sarawak.

MBSB is 'an Exempt Finance Company'

MBSB is a company incorporate under the companies ACT 1965 and is scheduled institution as defined under the Banking and Financial Institution Act 1989 (BAFIA). The status of an Exempt Finance Company was granted to MBSB on 1 March 1972 by the Ministry of Finance and the status has never been revoked or rescinded. The status allows MBSB to carry on a finance business without a license.

Historical information:

* MBSB has been granted with an exemption under Section 7(4) of the Borrowing Companies Act 1969 (BCA) and the said exemption has never been revoked or rescinded.

* The BCA was later known as Finance Companies Act 1969 (FCA) upon the coming into force of the Banking and Borrowing Companies Act 1979 (BBCA).

* As a result of the charge from BCA to FCA, all reference to borrowing business and borrowing company were to be construed respectively as finance business and finance company.

* The FCAS was later repealed by Banking and Financial Institutions Act 1989 (BAFIA) which effective 'made the regulation of finance companies under the FCA came under the purview of BAFIA.

Section 128(2) of BAFIA states that all exemptions and approval made or given under the repealed acts (FCA) shall be deemed to have been made and given under the relevant corresponding provisions of BAFIA and shall remain in force until revoked, rescinded or replaced by the corresponding provisions of BAFIA.

Home Improvement loan

Home Improvement
Product Features
Applicable to owners of completed properties

For More Information
contact Marketing Department at:

Ody ( 6017 ) 3632103

Azman Zain (6012) 628 9921

Marketing (603) 2095 4000 (Ext 770/676)

* Eligible to MBSB existing/other financial institutions housing loan customers (i*)

* Financing Amount

o Up to 15 times monthly salary, subject to a minimum of RM3, 000 and up to a maximum of RM50,000

* Repayment tenure

* Up to 7 years

* Hassle-free application

* Application at 23 MBSB branches nationwide and fast approval (ii*)

* No creation of 2nd charge

* Low monthly repayments

* Profit rate

* Attractive fixed rate

* Security deposit

* Equivalent to 3 months installment amount (to be included in the financing amount)

* Processing fee

Up to RM10,000 - RM100

RM10,001 to RM50,000 - RM200

* Eligibility criteria

o Applicant must be at least be 21 years old and not exceeding 55/56 (ii*) years old upon expiry of the facility

o Malaysian citizen

o Minimum income of RM1,000 (i*) ONLY (Joint income is applicable to husband and wife ONLY)

o Applicant must be a confirmed employee in any of the following:

+ Government Sector

+ MBSB's approved list of companies (iii*)

* Other requirements

o Guarantor (i*):

+ Waived for Government staff

+ One (1) eligible guarantor of non-Government staff

o Participation in Group Reducing Term Takaful Plan

* Supporting documents for applicant(s) & guarantor(s)

o Original IC

o Employer's confirmation letter

o Latest 3 months pay slip

o Latest 3 years Income Tax Form J

Notes:

i* Subject to terms and conditions.

ii* To qualified applicant and subject to submission of required documents

iii* Applicant must be a confirmed staff of MBSB's approved list of companies. Application can be made directly at any of MBSB's branches or through the employer's Human Resources Department.

For More Information
contact Marketing Department at:

Ody ( 6017 ) 3632103

Azman Zain (6012) 628 9921

Marketing (603) 2095 4000 (Ext 770/676)

Alternatively, you may visit our branches nearest to you today.

Peluang perkerjaan di Malaysia building society berhad MBSB

jawatan kosong

Peluang perkerjaan di malaysia building society berhad MBSB

Interested in a career with outstanding prospects in the financing industry?

We offer excellent opportunities to successful candidates. Remuneration will commensurate with experience and qualifications.
In your resume, please clearly state your qualifications, work experience, present and expected salary, contact number and also include copies of your certificates and a recent passport-sized photograph (nr).
For written applications, please indicate the position at the upper-left corner of the envelope and mail to:

Human Resource Department
Malaysia Building Society Berhad
Wisma MBSB, 48 Jalan Dungun
Damansara Heights
50490 Kuala Lumpur