Fixed deposit campaign encourages Bruneians to save


BANDAR SERI BEGAWAN: Baiduri Bank has launched the ‘Big dreams grow with smart savings’, a fixed deposit campaign aimed at encouraging Bruneians to take a more proactive approach to saving.

Running until Nov 30, the campaign offers customers who open a 12-month Fixed Deposit account with fresh funds the chance to win Royal Skies miles through a series of monthly and grand draws.

Participation is open to two customer segments – the bank’s general customers and its Baiduri Prestige clients. Each segment will have its own dedicated prize pool, with identical prizes awarded within both groups.

The campaign will feature monthly draws in September and October, where three winners from each segment will receive 5,000 Royal Skies miles.

The campaign will culminate in a grand draw in December, which will see six winners per segment. In both segments, the top prize winner will receive 150,000 Royal Skies miles, followed by 75,000 miles for the second prize, 35,000 miles for the third prize, and 5,000 miles each for the fourth, fifth and sixth place winners.

Customers can open a new 12-month Fixed Deposit account with fresh funds by visiting any Baiduri Bank branch, while Prestige clients may contact their dedicated relationship managers to arrange their placements as part of their wealth planning strategies.

The campaign, introduced as part of Baiduri Bank’s broader ‘Grow with Us’ initiative, aims to help individuals, families and businesses strengthen their financial foundations. Through Grow with Us, the bank seeks to empower individuals, families and businesses by providing the tools, knowledge and personalised support they need to make confident financial decisions at every stage of life.

Head of Retail Banking at Baiduri Bank Lim Kian Chiong said, “The campaign reflects our belief that every Bruneian deserves the opportunity to build a secure financial future. By encouraging healthy saving, we’re not just rewarding customers for their deposits – we’re empowering individuals to grow their financial confidence.

"Whether you’re just starting out or planning ahead, our goal is to provide the right tools, access and support to help you make informed, purposeful choices.”

Fixed Deposit accounts remain one of the most secure and disciplined ways to grow one’s savings. With more attractive interest rates than traditional savings accounts, they provide a low-risk option for customers looking to preserve and build their wealth over time. The campaign provides an added incentive of lifestyle rewards that can be used to save on future travel.

It offers a meaningful way to turn financial discipline into memorable experiences, reinforcing the importance of planning ahead. - Borneo Bulletin/ANN

 

 

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