Education Headlines

HIGHER SIMPAN SSPN DIVIDEND REFLECTS PTPTN’S GOOD MANAGEMENT

  • 📰 staronline
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 75%

Education Education Headlines News

Education Education Latest News,Education Education Headlines

PTPTN declared a Simpan SSPN Prime loyalty reward of extra 1% for 2023. Brought to you by PTPTNOfficial

Depositors can check their savings statement on the National Higher Education Fund Corporation website or via the myPTPTN app.

“This brings the total dividend distributed to depositors since Simpan SSPN was introduced in 2004 to RM1.33bil,” said Higher Education Minister Datuk Seri Mohamed Khaled Nordin who announced the payment on April 5. Present at the announcement event at the Higher Education Ministry were Deputy Minister Datuk Mohammad Yusof Apdal, secretary-general Datuk Seri Abdul Razak Jaafar, PTPTN chief executive Ahmad Dasuki Abdul Majid and, ministry and PTPTN officials.

PTPTN said the 3.05% dividend shows positive investment returns when compared to the Overnight Policy Rate of 1.75% to 2.75% set by Bank Negara for the period January-December 2022. Mohamed Khaled said that Simpan SSPN deposits had recorded RM3.36bil last year, surpassing the target of RM2.8bil.A total 491,984 new Simpan SSPN accounts were opened in 2022, compared to its target of 400,000 accounts.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in EDUCATİON

Education Education Latest News, Education Education Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Higher Education Ministry: Over 20,000 B40 students at Sabah IPTAs benefit from Undergraduate Menu RahmahKOTA KINABALU, April 15 — More than 20,000 students from the B40 group at Public Higher Education Institutions (IPTA) throughout Sabah has benefited from the introduction of...
Source: malaymail - 🏆 1. / 86 Read more »

‘Mahasiswa Sejahtera Perak’ kiosks to sell nutritious food to B40 studentsIPOH, April 16 — Five kiosks selling a variety of affordable and nutritious food will be placed at selected higher learning institutions under the ‘Mahasiswa Perak Sejahtera’...
Source: malaymail - 🏆 1. / 86 Read more »

‘Edu must evolve’According to the latest Education Ministry data, only half (50.3%) of the school-leavers in 2021 were interested in pursuing higher education – a massive decline from 2019 and 2020, which saw 65.2% and 64.8% of students continuing their studies, respectively (“SPM holders are continuing tertiary journey”, StarEdu, April 2).
Source: staronline - 🏆 4. / 75 Read more »