(Bandar Seri Begawan, 28th) Baiduri Bank has been awarded the “Best Bank in Brunei” accolade in this year’s FinanceAsia Awards, highlighting the bank’s record-breaking financial performance in 2024, as well as its continued achievements in innovation, digital transformation, and regional expansion.
The FinanceAsia Awards aim to recognize the most outstanding financial institutions in the Asia-Pacific region. This marks Baiduri Bank’s first time receiving the “Best Bank” award, fully acknowledging its clear strategic direction and commitment to creating long-term value for all stakeholders.
The bank’s CEO, Ti Eng Hui, stated, “This honor reflects the significant progress we have made as a bank—including entering new markets, strengthening our digital capabilities, and expanding our corporate services.”
“This further reinforces our mission to deliver efficient banking solutions for our customers, communities, and partners.”
In May this year, Baiduri Bank established a representative office in Singapore, taking a historic step to venture beyond Brunei for the first time. This has enhanced its regional presence, supported cross-border financial services, and deepened engagement with institutional clients, while also further positioning Brunei as an ideal destination for attracting foreign direct investment.
Baiduri Bank has also advanced its digitalization journey by launching Baiduri Invest and other SaaS applications, aiming to provide a more personalized and seamless customer experience while enhancing back-end efficiency and technological innovation capabilities.
In addition, to support regional financial inclusion, Baiduri Bank participated in a US$200 million syndicated loan project with Atome Financial, collaborating with several leading financial institutions to expand the coverage of digital lending and “buy now, pay later” services in underserved Southeast Asian markets.