From 1 April 2024, we have implemented new updates to our Privacy Policy
28 August 2020

Bandar Seri Begawan, 28 August 2020

Demonstrating its resilience in the face of a global pandemic, leading international ratings agency Standard & Poor’s reaffirmed its credit rating of BBB+/A-2 with stable outlook for Baiduri Bank, placing the Bank in the company of strong regional and global banks.

The report provided by Standard & Poor’s stated that the stable outlook on Baiduri Bank reflects their expectation that the Bank “will maintain its high systemic importance in Brunei”. The outlook also reflects their view that Baiduri Bank’s financial profile “will remain steady due to their adequate internal capital accruals amid low- to mid-single digit growth” over the next 18-24 months.

It also further stated that the rating reflects the Bank’s strong market share and diversified business in Brunei with a dominant market share of loans and deposits. The Bank’s liquidity and capital ratios are also stronger than those of several global peers and have witnessed a significant improvement compared to 2018.

Speaking on the achievement, Mr Ti Eng Hui, the CEO of Baiduri Bank said, “We are very pleased that Standard & Poor’s have reaffirmed our BBB+/A-2 with stable outlook rating. In the face of slow economic growth, a very low interest rate environment and a global pandemic, this reaffirmed rating shows resilience in our three core businesses and the strength of our balance sheet and capital ratios.”

Standard & Poor’s (S&P) are the world’s leading provider of credit ratings. With more than 1 million credit ratings on government, corporate, financial sector and structured finance entities and securities, S&P ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence.

Get in touch
We are here to help you. Contact our customer support team if you have any further questions. Here are ways you can get in touch with us.

Subscribe to our newsletter

* indicates required
I am interested in
Baiduri Bank © 2024 All rights reserved. Legal Notice
You are about to enter a third party website & Baiduri Bank Group's privacy policy will cease to apply.
Baiduri Bank Group makes no warranties as to the status of this link or information contained in the website you are about to access.

Do you wish to proceed?
Click to login to our user-friendly online banking sites.
Please select one of the below

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:
  • User’s full name
  • User’s valid Identification Card (IC) or Passport
  • User’s mobile number
  • User's company assigned email address (General company email is not accepted e.g., [email protected])

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.

To strengthen our online security measures, effective 8 January 2024, we will introduce the cooling period feature on our Baiduri b.Digital Personal web and mobile app to prevent unauthorised access.

Click here for more information.

Generic Popup