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15th February 2017

Bandar Seri Begawan, 15 February 2017 . In celebration of the Lunar New Year 2017, the Baiduri Bank Group organized a gathering for its customers and business associates based in the Brunei-Muara and Tutong districts at the Empire Hotel and Country Club.

At the event, guests were ushered into the Grand Hall and welcomed by the senior management of Baiduri Bank Group. The gathering was held to strengthen ties with customers and corporate clients that were instrumental to the success and identity of the Group.

The event, breaking away from the traditional dinners which Baiduri has annually hosted over the years and opting for an open-house concept instead, began at 11am and went on until the early evening. Guests were entertained by dance numbers performed by students of the Chung Hwa Middle School'.

During the welcoming address by Mr. Pierre Imhof, CEO of Baiduri Bank, he thanked all the guests for their unwavering support over the years. 'It has been an honour serving all of you. It is because of your loyalty and support throughout the years that we are the bank we are today. Just, last year we received four major banking awards ' testament to our strong and stable performance during these challenging times. The awards were the World's Best Emerging Markets Bank in the Asia-Pacific for Brunei from Global Finance; the Domestic Retail Bank for Brunei from the Asian Banking and Finance Magazine; the Best Banking Group for Brunei from World Finance; and most recently, the Bank of the Year Brunei from The Banker magazine.'

Further elaborating on the performance of the Bank, he said that the Group, in spite of a challenging economic environment, performed well in 2016.

When speaking on the future outlook of the Bank, Mr. Imhof said that despite the tough economy, he believes there are many opportunities for businesses and for the Group to grow when Brunei intensifies economic diversification and local business development. 'We have some great plans and news on the horizon, both for the country and the Bank,' said Mr. Imhof.

Further elaborating on the future of the Bank, Mr. Imhof spoke on the development of the new head office which is expected to be completed in 2018. He further added that there are plans to relocate some of the Bank's branches to larger premises in line with the aim of improving customer service and experience.

'We just relocated our Tutong branch, which is now in the Petani Mall, and our Kiulap branch has also moved across the street to bigger and better premises at the Shakirin Complex. We also have plans to relocate our Serusop and Sengkurong branches this year.'

Also during the event, four schools received donations from the Baiduri Bank Group as financial assistance for the underprivileged students at the schools. On hand to receive the donations were the representatives of Chung Hwa Middle School, Chung Hwa Kiudang, St. Andrew's School and St. George's School. The donations were presented by Mr. Imhof

Present at the event were foreign dignitaries, prominent Bruneians, businessmen, customers and business associates of the Group. Also in attendance were the management committee and senior executives of Baiduri Bank.

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