BIBD aims to be regional hub
Bank Islam Brunei Darussalam (BIBD) is aiming to be the main financial provider in the country especially in Islamic banking and in future, even become the main financial centre in the region.
The aspiration is one of many revealed by Pehin Orang Kaya Seri Utama Dato Seri Setia Awang Hj Yahya bin Begawan Mudim Dato Paduka Hj Bakar, the Minister of Industry and Primary Resources, in his capacity as chairman of BIBD yesterday during the BIBD Annual dinner at the Bridex Conference Hall.
The chairman also said that it is BIBD's aspiration to be the provider in the development and education of its staff based on management, leadership and Islamic finance.
Recalling the achievement of BIBD last year, Pehin Orang Kaya Seri Utama Dato Seri Setia Awang Hj Yahya revealed, "in an historic accomplishment, Bank Islam Brunei Darussalam or BIBD has been appointed as Joint Lead manager for international Sukuk by Islamic Development bank, Jeddah in 2009. The achievement is not only very encouraging but should also be a target for the banks' initiatives in going international".
Another achievement for BIBD in 2009, he said is the "setting up of a direct sales unit to increase the bank's products. And the bank has strengthened the sales culture to be instilled into the BIBD culture."
As for its social corporate responsibility, last year BIBD implemented a number of activities such as tree planting for the Heart of Borneo project through the Badas Project, Project Cabaran and a $500,000 donation to flood victims.
Meanwhile, Acting Managing Director of BIBD, Mr Javed Ahmad in his welcoming address said that BIBD has come a long way since its foundation over 25 years ago. Last year's BIBD balance sheet is recorded at about $4.5 billion. The bank now has a capital of over $920 million. The group has also employed some 700 staff countrywide.
The theme of the dinner was '1001 Arabian Night'. During the dinner, a total of 65 BIBD staff received service awards as a token of appreciation for their loyalty and commitment.
Pehin Orang Kaya Hamzah Pahlawan Dato Seri Setia Awang Hj Abdullah bin Begawan Mudim Dato Paduka Hj Bakar, the former chairman also received a souvenir from Pehin Orang Kaya Seri Utama Dato Seri Setia Awang Hj Yahya.
Article taken from Borneo Bulletin Sunday
Announcement for the Best Dress winner
Group photo of the committees that make the annual dinner a success and an enjoyable one too... good jobs ppl!
and more photos from the 1001 Arabian Night Dinner are available at my Facebook album HERE.
And here is the news report by RTB.
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