In line with its commitment to support the growth of local enterprises, Baiduri Bank hosted a full-day workshop titled “Expanding Your Business Horizons with Trade Finance Solutions” at the Baiduri Enterprise Hub.
The session brought together corporate clients from the Bank’s Business Banking and Corporate Banking portfolio and was aimed at equipping business owners with practical knowledge on how trade finance solutions can be leveraged to support business expansion—both locally and internationally.
Delivered by Tiffanni Wong, Head of Trade Finance at Baiduri Bank, the morning session covered foundational topics in trade finance, including letters of credit, documentary collections, pre- and post-shipment financing, trust receipt loans, guarantees and performance bonds. Business owners also gained insights into key shipping terms and processes, with a focus on how Incoterms® can affect the movement of goods and overall cost management.
In the afternoon, business owners had the opportunity to engage in one-on-one advisory sessions with representatives from Baiduri’s Trade Finance and Business Banking teams, allowing for personalised discussions on financing options tailored to their business needs.
Commenting on the event, Leonard Lee, Head of Corporate Banking at Baiduri Bank, said: “We remain focused on enabling Bruneian businesses to thrive in an increasingly connected economy. Access to the right financial solutions, especially in trade finance, is critical to unlocking new markets, managing cross-border transactions with confidence, and sustaining long-term growth. This initiative reflects our broader commitment to empowering local enterprises with the knowledge, tools, and support they need to grow sustainably and navigate new business opportunities with greater assurance.”
The event is part of Baiduri Bank’s ongoing efforts to provide value-added support to SMEs and corporates, helping them build financial resilience and pursue new opportunities across borders.
For more information on Baiduri Bank’s Trade Finance services, WhatsApp 872 2296 or visit our Trade Finance counter at level 3 of the Baiduri Bank Headquarters.