Baiduri Bank has once again been recognised as the Best Bank in Brunei by Global Finance in its 2024 awards, marking the ninth time the Bank has received this prestigious accolade.
Global Finance commended Baiduri Bank for its outstanding financial performance and operational efficiency, highlighting the Bank's impressive improvements in key financial indicators over the past year. The publication noted that Baiduri Bank's strategic focus on optimising its operations and driving growth has reinforced its position as a leading financial institution in Brunei. These achievements reflect the Bank’s commitment to excellence and its ability to deliver strong results consistently.
Ti Eng Hui, Chief Executive Officer of Baiduri Bank, commented, “We are committed to staying ahead of the curve by continually adapting our business to be future-ready. Our digital transformation journey is a testament to our focus on customer-centric innovation. We remain dedicated to enhancing personalised banking solutions, supporting local businesses, and aligning our CSR activities with global sustainability goals.”
In 2023, Baiduri Bank also introduced Baiduri QPay, a digital wallet that complements its suite of digital payment services, and launched the Baiduri Enterprise Hub, a co-working space dedicated to supporting MSMEs and emerging entrepreneurs. Additionally, the Bank partnered with Finbots.ai to implement an AI-driven credit risk management solution, further modernising its services and reducing risks, particularly in retail and SME lending.
Baiduri Bank’s strong emphasis on employee development and well-being has also been instrumental in its success. Initiatives like the Leadership Academy and Emerging Leaders Mentoring Programme are designed to equip employees with the skills needed to navigate the evolving digital landscape.
“As we celebrate our 30th anniversary, this award is especially meaningful. We sincerely thank our stakeholders, business partners, and customers for their steadfast support. This recognition motivates us to continue driving innovation, sustainability, and strategic growth,” concluded Ti Eng Hui.
Founded in 1987, the US-based Global Finance has a circulation of 50,000 readers in 193 countries and territories. Global Finance is headquartered in New York, with offices around the world.
Global Finance regularly selects the top performers among banks and other financial services providers. All selections were made by the editors of Global Finance after extensive consultations with corporate financial executives, bankers and banking consultants, and analysts throughout the world. These awards have become a trusted standard of excellence for the global financial community.
For more information on Baiduri Bank’s products and services, visit
www.baiduri.com, follow the Bank on social media, or call the 24-hour Customer Helpline at 244 9666.
