MBSB Bank and PTPTN signed an MoU today (October 6) at MBSB Bank Tower, PJ Sentral. This strategic collaboration will focus on providing digital transaction facilities for customers to make savings and loan repayments through MBSB’s e-Wallet. Depositors of the National Education Savings Scheme (Simpan SSPN) and PTPTN borrowers will be able to enjoy the facility of saving or repaying loans easily through MBSB Bank’s e-Wallet.
The MoU signed by MBSB Bank and PTPTN is also aimed at establishing cooperation to carry out strategic collaboration in the cultivation of educational savings, financial management, promotional programs and community empowerment.
According to the CEO of MBSB Bank Group, Datuk Nor Azam M. Taib, “We want to expand the use of our digital wallet to Simpan SSPN depositors and PTPTN borrowers by providing PTPTN loan savings and repayment services through MBSB Bank’s e-Wallet. To make it easier for them, Simpan SSPN depositors can make deposits into the Simpan SSPN account through MBSB Bank’s e-Wallet without having to open a savings account with MBSB Bank.”
Datuk Nor Azam added, “MBSB Bank’s e-Wallet is the first Shariah-compliant mobile application digital wallet in Malaysia offered by MBSB Bank.”
Meanwhile, the Chief Executive of PTPTN, Ahmad Dasuki Abdul Majid explained, “PTPTN always welcomes cooperation with Government and private agencies to empower end-to-end online services (E2E). Our objective is to continue to improve PTPTN’s services to the community through digitization technology and we are pleased to be able to work with MBSB Bank as another positive effort towards empowering a more dynamic and outstanding PTPTN.”
“I sincerely hope that with the signing of this MoU, it will boost the existing areas of cooperation between the two parties as well as generate new cooperation that will have an impact and benefit to the well-being of the community.” he added again.
