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21 April 2016
Bandar Seri Begawan, 21 April 2016. Baiduri Bank recently launched the new 2016 Baiduri Certificate of Deposit - Series 1. This 2016 Baiduri Certificate of Deposit – Series 1 is the first certificate of deposit issued by Baiduri Bank this year.

The Baiduri Certificate of Deposit is a short-term investment with an attractive high yield. Customers can invest with a minimum of BND1000. With the certificate of deposit, customers can invest for a two-year period and enjoy higher returns on their deposits. Baiduri Bank is the only bank to offer a two-year certificate of deposit with a fixed yearly payout. In the first year, customers will enjoy a fixed payout of 1.5% per annum and in the second year, a fixed payout 1.8% per annum.

The offer period begins now and ends on 20 May 2016 or until full subscription is reached. In order to take advantage of this limited-time offer, customers, be it individuals or companies, simply need to place fresh funds into the 2016 Baiduri Certificate of Deposit – Series 1.

Speaking on the offer, Mr. Peng Eng Soon, Head of Wealth Management Centre said, "We hope to inculcate a savings culture amongst Bruneians by providing a wide range of accessible products. The Baiduri Certificate of Deposit offers higher returns compared to traditional fixed deposits which will help our customers grow their savings."

For more information, customers can visit any Baiduri Bank branch or contact the Call Centre at 244 9666.

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