Economics Local

ASB services to further improve next year


Ahirul Ahirudin
Written by Ahirul Ahirudin

KUALA LUMPUR, December 22, 2017: Permodalan Nasional Berhad declared today that 2018 will be the year Amanah Saham Bumiputra (ASB) evolves to be even more investor-friendly.

In this respect, ASB will be made more convenient with the introduction of automated teller machines (ATMs) later next year.

“With this, investors can invest in ASB and check their current cash balance using the ATM machines,” said PNB president and group chief executive Datuk Abdul Rahman Ahmad at a press conference to announce the dividend and bonus distribution.

However unit holders cannot withdraw their money from the ATMs.

“We don’t want to make it too easy for investors to withdraw their money. After all, we want to encourage saving, not spending,” said group chairman Tan Sri Abdul Wahid Omar.

Rahman further said that ASB Online will move into a second version early next year, which he promised will be even better than now.

Since late June, those who wanted to invest in ASB no longer needed an investment book. Instead they can easily check their balance and transact money into their accounts online.

Other ASB Online services include transaction record, transaction status, additional investment, downloading account statements and updating personal information. However, to register for these services, investors still have to visit an ASB branch or agent.

Rahman also said that ASB Remaja will see an increase in capacity, from 50,000 units to 200,000 units to further encourage teenagers to save.




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Ahirul Ahirudin

Ahirul Ahirudin