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21st March 2014

Bandar Seri Begawan, 21 March 2014 – In keeping customers well informed on the latest trend in financial markets, Baiduri Bank organized several investment seminars over the past years covering currencies, unit trusts and investment linked insurance. The most recently being an in depth seminar titled, "Emerging Markets versus Developed Economies: Not a Zero Sum Game." The event was held at the Mutiara Ballroom, Radisson Hotel on 21 March 2014.

Pg Azaleen Pg Dato Hj Mustapa, Senior Manager Treasury Department of Baiduri Bank gave the welcoming remarks for the event. In his speech, he highlighted some global headlines that have been affecting the financial markets including a new US Federal Reserve Chairman and talks of China’s economic slowdown.

The seminar was presented by Mr Philip Wee Sung Seng, Senior Currency Economist of DBS Bank, Singapore. He discussed about the pace of the tapering implemented by the US Federal Reserve and how this will affect the global economy and interest rates going forward.

Also present at the event were management and staff of Baiduri Bank including Peng Eng Soon, Head of Wealth Management.

Baiduri Bank has a range of investment products and services as well as an ongoing special offer on their USD Foreign Currency Fixed Deposit offering up to 0.55% per annum which runs till 30th June 2014. Baiduri Bank also actively promotes their Savings Account products and Twin Currency Deposits for those customers seeking higher returns.

For more information, please approach Personal Financial Planners in Baiduri Bank Branches or call Wealth Management Centre 2232154 to make an appointment.

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