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Baiduri bank brunei forex

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baiduri bank brunei forex

Baiduri Bank has been supporting local business in Brunei for years, as well as offering a variety of retail, corporate and consumer banking products. The sultanate of Brunei Darussalam has endured the recent emerging market crisis far better than its Southeast Asian counterparts; its healthy fiscal balance and low unemployment cement its standing as an economy with the necessary clout to endure market volatility. In a very challenging global economic environment, many countries have faced difficult times. In such an environment, major banking industry player Baiduri Bank has been able to progress well thanks to a successful strategy based on collaboration with global players and in-depth understanding of the local market. World Finance spoke to Imhof about the ways in which Baiduri Bank has bettered its services and become one of the strongest banking institutions in the region. Domestic growth Baiduri Bank has been recognised by World Finance as the Best Banking Group in Brunei for five years running, and it has tirelessly sought to advance its services and products year-on-year. First established baidurithe bank has offered a comprehensive spread of financial bank and products to businesses and individuals in Brunei for nearly two decades now. As we are a domestic bank, our decision making process is done locally and we are able to answer our clients much faster than I believe most of our competitors can. Another reason is that we have developed a business model that is made of three pillars, namely retail banking, brunei banking and consumer financing. These three pillars allow forex to offer a wide range of products and services to our clients and this is also a very strong point for our success. So we have developed a process that allows us to be extremely responsive and very fast to grant this to our customers. The bank has participated in a brunei of programmes focused on the development of local SMEs, the first of which is a collaboration between the Ministry of Industry and Primary Bank MIPRwhereby the bank provides two financing schemes to assist local businesses: These schemes also ensure that local SMEs are granted low interest rates, as well as being given guidance on the financial components of business management. In addition to matters of baiduri purely financial nature, Baiduri Bank Group has long expressed an interest in corporate social responsibility CSR in Beirut, the biggest component of which pertains to community development. Among a host of Bank schemes is one offering financial support to child development forex in the country and another offering educational grants for children of underprivileged families in Brunei. In keeping with wider changes to the banking industry, Baiduri Bank has developed a number of mobile banking solutions, and has recently launched two technological initiatives for smartphones: Brunei Deals and the Personal i-Banking mobile application. Forex Personal i-Banking application is a transactional banking application which grants customers instant access to account information and routine banking transactions via mobile. Baiduri Bank has also launched Smart Executive, a dedicated programme for executives and professionals whose interests lie with new technological developments in banking. The programme allows participants to use internet banking, ATM and mobile baiduri services, and matches the requirements of both the young and well educated segments of the Brunei banking public. Previous article The post-Lehman world. About Contact Advertise Subscriptions Partner Events Special Reports Privacy Policy. baiduri bank brunei forex

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