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16th February 2017

Bandar Seri Begawan, 16 February 2017 . In celebration of the Lunar New Year 2017, the Baiduri Bank Group organized a second gathering for its customers and business associates based in Kuala Belait and Seria at Pusat Insani Seria.

At the event, guests were ushered into the function hall and welcomed by the senior management of Baiduri Bank Group. The gathering was held to strengthen ties with customers and corporate clients in Seria and Kuala Belait that have played a key role towards the success of the Group.

The event, an open-house concept, began at 11am and went on until the early evening. Guests were entertained by dance numbers performed by students of the Chung Hua 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. '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. Thank you for your continuous support'

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 have relocated our Tutong branch to the Petani Mall, and our Kiulap branch has also moved to 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 St. Margaret's School, St. Angela's School, Chung Ching Middle School, St. John's School and Chung Hua Middle School. The donations were presented by Mr. Imhof.

Present at the event were prominent Bruneians, businessmen, customers and business associates of the Group. Also in attendance were the management committee and senior executives of Baiduri Bank. A similar event was also held at the Empire Hotel and Country Club last night.

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