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24th November 2013

Bandar Seri Begawan, 24 November 2013 – In celebration of the Festival of Lights, Baiduri Bank Group today hosted a Deepavali dinner for its customers and business associates at the Indera Samudra Grand Hall, The Empire Hotel & Country Club, Jerudong.

Present as chief guest was His Excellency Mr. Lalduhthlana D. Ralte, High Commissioner of India to Brunei. Also present was Yang Dimuliakan Pehin Dato Hj Mahdini Bin Hj Basir, the President of the Brunei-India Friendship Association.

The evening began with the traditional Light Ceremony. Accompanied by Baiduri Bank's CEO Mr. Pierre Imhof,Yang Dimuliakan Pehin Dato Hj Mahdini; Dr Sundrapandi, President of the BSB Indian Association; Mr. K. Salim Bin Abdul Karim, President of the Kuala Belait Indian Association; His Excellency Mr. Lalduhthlana lit candles in the traditional "KuthuVilaku (Lighting of Lamp) ceremony.

In his welcoming address, Mr. Imhof expressed his appreciation and thanks to the guests for their support during the past year and outlined the major progresses and achievements of the Baiduri Bank Group this year.

Among others, he cited the launch in early November of a 6-month long nationwide campaign "Explore and Discover" where customers can win the latest electronic gadgets and holiday packages as prizes in the monthly and grand draws. Two new products were also launched this year: the Smart Executive Programme designed for working professionals; and the Baiduri Student Account named "4U Value Pack" catering to students studying both locally and overseas.

In keeping with the latest global trends, Baiduri Bank launched two mobile apps, namely the Personal i-Banking Mobile App and Baiduri Deals. The Baiduri Deals is a marketing app where users can have access to the latest news, promotions and special deals via e-coupons, the first of its kind in Brunei.

Over the past year, Baiduri Bank Group continued to receive international recognition and awards. In December 2012, Bank of America Meryl Lynch gave Baiduri Bank recognition as 'Leading Commercial Payment Partner in Brunei's by achieving a Straight-Through Processing (STP) rate of 95%. In July this year, Baiduri Bank was awarded the 'Domestic Retail Bank for Brunei 2013' for the first time ever from the Asian Banking and Finance, while in September, Baiduri Bank Group received the award for 'Best Banking Group 2013' for the 5th time from World Finance, UK and the award for the "Strongest Bank Balance Sheet for Brunei 2013" from the Asian Banker magazine.

"Without the continuous support of our customers and associates, we will not have been able to achieve this, and for this, I would like to express our appreciation to all of you for the support and confidence given to us through the years," concluded Mr. Imhof.

During the event, Baiduri Bank Group made donations to the BSB Indian Association and the Kuala Belait Indian Association to support the advancement of inter-cultural awareness in the country. The cheques were presented by Baiduri Bank’s CEO, Mr. Pierre Imhof to President of the BSB Indian Association, Dr. Sundrapandi and President of the Kuala Belait Indian Association K. Salim Bin Abdul Karim.

Present at the event were around 500 customers and associates from the local Indian community. The large gathering of guests included prominent Indian business leaders and professionals working in Brunei, Card merchants, Corporate, Prestige and Wealth Management clients of Baiduri Bank Group.

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