BANDAR SERI BEGAWAN, Dec. 5 (Xinhua): Bank Islam Brunei Darussalam (BIBD) was awarded the Bank of the Year 2020 by The Banker magazine, which marks the third time the biggest local bank received this award.
"BIBD took the difficulties of 2020 in its stride, pushing forward with innovations and creating new systems that assisted its customers while keeping in line with its Islamic banking principles," The Banker was quoted as saying by local daily the Borneo Bulletin on Saturday.
Haji Mohd Amin Liew, Brunei's Minister at the Prime Minister's Office and Second Minister of Finance and Economy, who is also the Chairman of BIBD said that this achievement showcases BIBD's capabilities to stand on par with regional and global financial institutions, in line with Vision 2035 to be a nation widely recognised for the accomplishments of its well-educated and highly skilled people as measured by international standards.
According to the report, The Banker is an English-language monthly international financial affairs publication, read in over 180 countries and regions.
The Banker's Bank of the Year Awards recognizes the best performing banks across the world every year.
Meanwhile, Brunei also reported no new cases of Covid-19 on Saturday with the national tally standing at 151.
According to Brunei's Ministry of Health, no more recovery was recorded, maintaining the total number of recovered cases at 147. There is one active case still being treated at the National Isolation Centre.
A total of 10 imported cases have been confirmed since the last local infection case on May 6, 2020. At present, Brunei has recorded 213 days without Covid-19 local infection case.
Meanwhile, currently there are 499 individuals who are undergoing mandatory isolation at the monitoring centers provided by the government, who have arrived in the country after traveling abroad.
There have been three deaths that resulted from Covid-19 in Brunei. - Xinhua
"BIBD took the difficulties of 2020 in its stride, pushing forward with innovations and creating new systems that assisted its customers while keeping in line with its Islamic banking principles," The Banker was quoted as saying by local daily the Borneo Bulletin on Saturday.
Haji Mohd Amin Liew, Brunei's Minister at the Prime Minister's Office and Second Minister of Finance and Economy, who is also the Chairman of BIBD said that this achievement showcases BIBD's capabilities to stand on par with regional and global financial institutions, in line with Vision 2035 to be a nation widely recognised for the accomplishments of its well-educated and highly skilled people as measured by international standards.
According to the report, The Banker is an English-language monthly international financial affairs publication, read in over 180 countries and regions.
The Banker's Bank of the Year Awards recognizes the best performing banks across the world every year.
Meanwhile, Brunei also reported no new cases of Covid-19 on Saturday with the national tally standing at 151.
According to Brunei's Ministry of Health, no more recovery was recorded, maintaining the total number of recovered cases at 147. There is one active case still being treated at the National Isolation Centre.
A total of 10 imported cases have been confirmed since the last local infection case on May 6, 2020. At present, Brunei has recorded 213 days without Covid-19 local infection case.
Meanwhile, currently there are 499 individuals who are undergoing mandatory isolation at the monitoring centers provided by the government, who have arrived in the country after traveling abroad.
There have been three deaths that resulted from Covid-19 in Brunei. - Xinhua
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
