Baiduri Bank named best banking group in Brunei

BaiduriBank

BANDAR SERI BEGAWAN, July 3 (Borneo Bulletin/ANN): Baiduri Bank was recognised as the Best Banking Group for Brunei 2021 by World Finance magazine, making it the 13th time Baiduri Bank has received this award.

This award also marks the third international banking award this year for the bank.

“Baiduri Bank leads the pack in innovation, customer experience and mobile banking. Additionally, this year, we were particularly impressed by its attitude in alleviating short term cash flow issues for its retail clients and those affected by the Covid-19 global pandemic, ” said Tom Crosse for World Finance, an international financial publication.

Speaking on this achievement Baiduri Bank CEO Ti Eng Hui said, “This award is particularly significant because of the unprecedented events of 2020. This latest achievement is a reflection of our resilience, solid performance and a proven business model as we saw a significant increase in market share amid the economic uncertainties.

“We have enhanced our digital offerings, relocated to the new headquarters, launched a refreshed brand, forged new strategic partnerships, invested heavily in people development and reinvigorated our corporate social responsibility (CSR) programme.

“I would also like to thank our customers, business partners and associates as well as the hard-working teams at Baiduri for the trust, support and loyalty they have given us over the years. Thank you for making us the award-winning bank that we are today.”

World Finance is a quarterly print and online magazine providing comprehensive coverage and analysis of the financial industry, international business and the global economy.

The magazine targets an audience of finance professionals, and corporate and private investors, but its lucid voice makes it intelligible and essential reading for anybody who wants to understand the machinations of finance in the 21st Century.

Since 2007, World Finance has been celebrating achievement, innovation and brilliance in their annual awards.

With a judging panel boasting over 230 years of financial and business journalism, supported by a research team that works round the clock, World Finance ensures the award winners are the most deserving in their sector.

Earlier this year, Baiduri Bank received two other international awards, the ‘Best Banking Group for Brunei 2021’ and the ‘Best in Corporate Governance & CSR 2021’ from the International Investor.

Baiduri Bank Group is one of the largest providers of financial products and services in the country.

The Group comprises Baiduri Bank, Baiduri Finance and Baiduri Capital, providing banking services to institutions or corporations, retail banking, consumer financing, securities trading and wealth management.

Established in 1994, Baiduri Bank’s shareholders include Baiduri Holdings and Darussalam Assets.

With a combination of global outlook combined with extensive local knowledge and commitment to the Brunei market, the bank has been acknowledged as the leading conventional bank in the country with a track record of financial innovations and pioneering activities. - Borneo Bulletin/ANN