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20th January 2015

Bandar Seri Begawan, 20 January 2015 – Baiduri Bank today celebrated the official opening of its Muara Branch at its new location at Al-Warasah Building. The newly relocated branch, which now offers full-fledged banking services, is aimed to cater to the increasing number of customers in and around the area.

Yang Mulia Awang Mohd Riza bin Dato Paduka Hj Mohd Yunos, Acting Permanent Secretary, Ministry of Communications, officiated the new premises at a ceremony held this morning.

In his welcome speech, Baiduri Bank's CEO Mr. Pierre Imhof stated, "We recognize Muara Town as an area of rapid development. We are here to support the many industrial and business activities that are taking place at this end of the country, in line with the Government’s initiatives to develop local SME's", further adding, "The new branch clearly demonstrates the Bank’s continuing commitment as a financial partner in the economic development of the country".

He elaborated that the relocation and upgrading of the Muara branch is part of Baiduri Bank's branch network configuration project which seeks to redesign each branch to suit the market demographic segment, and shared that the new branch is the first café bank branch concept in Brunei to offer a café banking experience with international brand "It’s a Grind" coffeehouse located within the same premises.

The branch first began operations in Muara Town in 2007 at the Bangunan Tiga Tingkat, and relocated to the Al-Warasah Building recently. The new premises has more than two times the floor area and offers full banking service to both businesses and individuals as well as free financial planning consultation.

Following the launch, guests were taken on a tour of the branch premises led by Ms. Alvina Chung, Regional Manager of Brunei-Muara District and Ms. Alice Lee, Branch Manager of Baiduri Bank, Muara Branch.

Also present at the ceremony were Mr. Ti Eng Hui, Deputy CEO of Baiduri Bank, Haji Haliluddin bin Dato Haji Talib, General Manager of Baiduri Finance, Mr. Andrew Young, Deputy General Manager - Operations Management Division, Diversification & Strategic Development, Pengiran Azaleen bin Pengiran Dato Haji Mustapha, Head of Retail Banking and Branch Network and a host of senior executives from the Bank.

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