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20th March 2015

Bandar Seri Begawan, 20 March 2015 – Baiduri Bank Group tonight celebrated Chinese New Year with a sit-down dinner at Pusat Insani, Seria for more than 500 guests comprising customers, business partners and associates based in the Belait district.

The dinner began with a cultural performance by students of Chung Hwa Middle School KB before Mr. Pierre Imhof, CEO of Baiduri Bank came on stage to welcome guests. In his opening remarks, Mr. Imhof highlighted the major progresses and achievements of the Bank Group during the past year.

"Despite a more challenging business environment, Baiduri Bank Group was still able to grow its business in 2014 and should record satisfactory results," said Mr. Imhof.

Speaking about the Bank's 20 year milestone last August, Mr. Imhof added, "Throughout our journey, we have been helping people in Brunei achieve their personal dreams; companies grow their business – contributing to the development of the country. We feel a great sense of pride and satisfaction to know that we have played a part in many of our customers’ and staff’s success stories."

Mr. Imhof ended his remarks by thanking guests for all their support, without which the Bank Group would not have achieved these major banking awards and recognition – Domestic Retail Bank for Brunei 2014 for the second time from the Asian Banking and Finance; Best Banking Group for Brunei 2014 for the sixth time from World Finance; Brunei’s Safest Bank 2014 from Global Finance, New York.

Baiduri Bank is also the only bank in Brunei to have received Standard & Poor’s credit rating of BBB+/A-2, the only bank in Brunei to have been rated by an international rating agency.

During the event, five schools from Belait district received donations from Baiduri Bank Group to provide financial assistance to underprivileged students in their schools. The donations were presented by Mr. Imhof and were received by St. Angela’s Convent School, St. Margaret’s School, Chung Ching Middle School, Chung Hua Middle School and St. John’s School.

Guests were entertained throughout the night with a line up of local performances and lucky draw prizes. The night concluded with a toast of best wishes to all guests from the management of Baiduri Bank Group. Another Chinese New Year dinner event will be held in Bandar Seri Begawan tomorrow for customers in the Brunei-Muara and Tutong districts.

CEO speaking at CNY dinner in Pusat Insani

School representatives in a group photo with CEO at Baiduri CNY Dinner held at Pusat Insani

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