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4 December 2010

Bandar Seri Begawan, 04th December 2010 – In celebration of Deepavali, Baiduri Bank Group today hosted a dinner for its customers and business associates at Songket Ballroom at the Rizqun International Hotel, Gadong.

The Guest of Honour for the event was His Excellency Mr. Lalduhthlana D. Ralte, High Commissioner of India to Brunei. Present at the event were around 400 customers and associates from the local Indian community. The large gathering of guests included foreign diplomats, prominent Indian business leaders and professionals working in Brunei, card merchants, Corporate, Prestige and Wealth Management clients of Baiduri Bank Group. 

The evening began with the Light Ceremony. Accompanied by General Manager Mr. Pierre Imhof, Senior Deputy General Manager Mr. Raymond Bariou, and President of the BSB Indian Association Dr. Sundrapandi, His Excellency Mr. Lalduhthlana D. Ralte was invited to light candles in the traditional “Kuthu Vilaku” (Lighting of Lamp) ceremony.

In his welcome address, Mr. Pierre Imhof emphasized that the Indian Community in Brunei contributed a significant part to the Group’s success every year, adding, “Deepavali is a time to reconnect with people who are important to us, such as you, our customers and friends. Tonight, I would like to thank you for your continued support and confidence in us without which, we would not have progressed to become the award winning bank we are today.”

Mr. Imhof stated that despite the slow recovery of the domestic economy after the financial crisis that affected the whole world two years ago, Baiduri Bank Group managed to show great resilience and continued to deliver excellent financial results.

Living up to the Bank’s name as the award winning local bank, Baiduri Bank was awarded two major international banking awards this year. The first award, received in July, was the “Best Banking Group” presented by World Finance Magazine. This is the second consecutive year that Baiduri has received this award, and remains the only bank in Brunei to have won this prestigious award.

The second award was the “Best Bank of the Year” presented by The Banker Magazine, U.K. The Award was received by Mr Pierre Imhof, General Manager and Mr Ti Eng Hui, Deputy General Manager Retail Banking and Branch Network at a glittering ceremony held at the Intercontinental Hotel in London on 2nd December.  This is the seventh time in nine years that Baiduri has won this award, which bears testament to the strong management, sound business model and prudent risk approach the Bank has employed.

Before the night ended, Baiduri Bank Group made a donation of the BSB Indian Association. The cheque was presented by General Manager Baiduri Bank Mr. Pierre Imhof to President of the BSB Indian Association, Dr. Sundrapandi.

Guests were entertained during the evening with songs and comedy act by a popular group from overseas, Fredo & the Flintstones.  There were also lively performances from children of the Indian Association members, local singing enthusiast Chris Carvalho, and dance performances from Studio Scene.

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