BESUT, Aug 11 – More than 93,000 primary and secondary school students in the state has made savings of over RM62 million with the National Savings Bank (NSB) from 1982 until earlier this month. BSN Terengganu State Business Director, Mohd Ghazali Abu Zahid said the amount represents retention of students in the two types of special scheme introduced by the BSN Young Savers Club (MOE) and the Student Savings Incentive Scheme (GSP) which involves students from age 7 to 20 years.
“So far about 36 percent of the 254.088 students in Terengganu had saved by BSN. Out of RM62 million which made it, 24.094 students through KPM store the number of RM22,209,507 while 69.549 students through GSP totaling RM40,270,007,” Mohd Ghazali said in a statement on Monday.
He said the total deposits as at the first seven months of this year increased compared to last year RM56,456,491 with student participation of 88.667 people. According to the MOE’s total deposits showed an increase of RM3,016,843 compared RM19.192,663 last year, while for GSP, it increased by RM3,006,179 compared to RM37,263,823 for the same period.
He also informed after the Sekolah Kebangsaan (SK) Kampung Baharu, Besut been organized in 2015 BSN School Carnival on Saturday, three schools of Central SK, Dungun, SK Sultan Sulaiman, 11, Kuala Terengganu and SK Seri Geliga, Kemaman will also be elected as organizer in September and October.
