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22th April 2010
Bandar Seri Begawan, 22nd April 2010 - Baiduri Bank today hosted an exclusive investment seminar by BNP Paribas Asia Pacific on two current important issues: The Emergence of Asia & The Submergence of The West and Investment Strategies in the Asian Foreign Exchange & Interest Rate markets. The guest speakers for the seminar were Mr Richard Iley, Chief Economist and Ms Thio Chin Loo, Currency Strategist for BNP Paribas Asia Pacific.

Mr Pierre Imhof, General Manager of Baiduri Bank; Mr Raymond Bariou, Senior Deputy General Manager of Baiduri Bank; Hj Haliluddin bin Dato Hj Talib, General Manager of Baiduri Finance, Mr Ti Eng Hui, Deputy General Manager of Retail Banking and Branch Network; as well as other senior managers and officers from the Bank were present at the event.

In his welcoming speech, Mr Imhof said, "Information and Advisory on investments is becoming increasingly important for consumers in Brunei as investment opportunities are now more global due to the changing economy. Since we ventured into the retail banking business, we have seen remarkable growth both in our customer base and the scope of financial products and services we offer to our clientele."

"As we strive to understand and fulfill the personal banking needs of our customers, we saw an increasing demand for support and advisory services in financial planning, wealth and asset management. There is a growing segment of affluent individuals who are keen to look beyond the conventional time deposits and property investments, to explore other options that will enable them to grow and protect their wealth."

"This will be followed by more treasury and wealth management products in the near future. All of these offerings will be underpinned by the global expertise and reach, product development capabilities, and solid capital base of our international strategic partners, including leading financial institutions and fund managers."
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