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BAIDURI BANK WORKSHOP ADDRESSES TWIN CURRENCY DEPOSIT
12 October 2020

Bandar Seri Begawan, 12 October 2020 – In their continuous efforts to keep their clients well informed about their products and services, Baiduri Bank hosted a Twin Currency Deposit workshop at Dynasty Restaurant, Gadong, last Friday, 9 October 2020.

The workshop was conducted by Mukhriz Mangsor, a certified Financial Technician from Quant Dynamic, a research company based in Brunei that specializes in providing quality financial education and literacy to traders and investors, as well as Christina Ong, a Licensed Financial Planner from Baiduri Bank.


Some 50 participants attended the workshop that began with an overview of asset allocation and portfolio diversification by Mukhriz, before he talked about a currency’s identity, currency conversion and rounded it up with a currency market outlook. This allowed the participants to have an introductory knowledge of investing, before Christina followed up with an in-depth analysis of the inner workings of a Twin Currency Deposit along with its numerous benefits.


Mr Peng Eng Soon, Head of Wealth Management at Baiduri Bank, said: “Baiduri Bank regularly hosts investment workshops and seminars that feature local and regional subject matter experts to educate clients on topics that range from financial health to investment strategies and market outlook. This is to complement the Bank’s array of financial products and investment options to the various needs and lifestyles of their clients.”

Also present at the event were senior financial planners from the Bank, who were on hand to assist the customers with any queries following the workshop.

Twin Currency Deposits are a short-term investment product introduced by Baiduri Bank that takes advantage of two currencies pairing. This offers the investor an opportunity to earn potentially higher returns based on exchange rate movements.

Further information on this product can be found at Baiduri Bank website at www.baiduri.com or by calling the Bank’s 24-hr Customer Helpline at 244 9666.

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Important update
19 September 2023

We would like to inform you that with effect from 31 October 2023, Business i-Banking service will no longer be operational, and this will be replaced with our new Baiduri b.Digital Business service.

If your company has not transitioned to b.Digital Business, please ensure that every existing user provides the following by 8 October 2023 through the Business i-Banking Inbox:
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Alternatively, you can complete the b.Digital Business Amendment Form and submit the form(s) directly to Baiduri Digital Hub, Ground Level, Baiduri Bank Headquarters.

Every user will receive a notification email at their registered email address, once they have been migrated and activated on the b.Digital Business service.

Companies who have not moved to b.Digital Business after 31 October 2023 can re-apply as a new subscriber to the b.Digital Business service. This will require additional documentations to be submitted as part of the application. Refer “Required Documents” here.

Important notice: Our Business i-Banking service will be deactivated soon. To ensure continued access and a smooth transition to the new Baiduri b.Digital Business, please provide your full name, IC, email address and mobile number via Business i-Banking Inbox. If we do not receive updated details from all authorised users, your company will not be migrated to the new platform and a fresh application will be required. For assistance, contact us at [email protected] or call 2268 637/8/9 during business hours. Thank you for your cooperation.

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