Business News National Business News National BIBD posts 27% profit in 2018, assets surpass $10 billion The Islamic bank continues to dominate domestic banking industry September 14, 2019 BANDAR SERI BEGAWAN – Brunei’s largest financial institution, Bank Islam Brunei Darussalam (BIBD), posted a net profit of $147 million in 2018, a…
News National Business News National Business BIBD hits $10 billion in assets, up 8% from 2017 Brunei's largest bank recorded a $147 million profit in 2018 April 15, 2019 BANDAR SERI BEGAWAN – Bank Islam Brunei Darussalam (BIBD), the nation’s largest Islamic financial institution, has amassed an asset size of over $10…
News Business News Business BIBD: Purchasing can be as easy as ‘tap and pay’ The BIBD NEXGEN wallet will potentially connect users to international e-wallets such as WeChat Pay and Google Pay December 15, 2018 BANDAR SERI BEGAWAN – Local consumers will soon be able to make contactless payment or ‘tap and pay’ with BIBD’s latest digital cashless…
News Business News Business BIBD posts record profits in 2017, increasing profitability by 39% The Islamic bank expects further growth in next two years on the back of Brunei's recovering economy July 12, 2018 BANDAR SERI BEGAWAN – Brunei’s largest financial institution, Bank Islam Brunei Darussalam (BIBD), posted its largest profits to date recording $169 million in…
News Business News Business BIBD to capture Brunei’s $6 billion digital transactions market with NEXGEN In March alone, the bank recorded over one million mobile transactions, signaling Bruneians' willingness to embrace digitisation May 12, 2018 Having recorded over 12 million mobile transactions annually — equivalent to $2 billion — BIBD is ready to capture the growing digital economy…