The BAB achieves this by:
- Acting as a platform for discussion with timely framing of rules to guide member banks.
- Supporting the policies and initiatives set out by Brunei Darussalam Central Bank and other best practices.
- Collaboration with similar bodies and other related stakeholders, both locally and internationally.
It is with great pride and responsibility that Baiduri Bank assumes the chairmanship of BAB for the 2024/2025 tenure. As we step into this role, our commitment is unwavering towards fostering collaboration among our esteemed stakeholders. Our collective objective is to strengthen the foundation of Brunei Darussalam’s banking sector, ensuring its growth is robust and its contributions to the economy are significant and sustainable.
The banking sector in Brunei Darussalam is a dynamic force that propels the national economy forward, especially critical as we navigate the transition towards diversifying our economic base beyond the traditional oil and gas industries. This strategic shift is essential for our nation’s long-term prosperity and resilience.
The BAB stands in full support of the Brunei Darussalam Central Bank’s (BDCB) Financial Sector Blueprint 2016/2025 and the Digital Payment Roadmap 2019/2025. We support the shared vision to revolutionise the digital payment infrastructure, enhancing the efficiency, security, and inclusiveness of financial transactions in the country.
As we embark on this journey, our focus will be on in country and regional collaboration and strategic partnerships. Together, we aim to navigate the complexities of the global financial landscape, ensuring that Brunei’s banking sector remains competitive, adaptive, and forward-looking.
TI ENG HUI
Chairman
The Brunei Association of Banks
Office Bearers
Mr Ti Eng Hui
Baiduri Bank Sendirian Berhad
Dr Li Feng
Bank of China (Hong Kong) Brunei Branch
Sulaiman bin Isa
Malayan Banking Berhad
Executive Members
Junaidi bin Haji Masri
Bank Islam Brunei Darussalam Berhad
Mohd Shamsul Irwan bin Ab Wahab
RHB Bank Berhad
Pengiran Aki Ismasufian bin Pengiran Haji Ibrahim
Standard Chartered Bank
Mr Howard Low Boon Keng
United Overseas Bank Limited
Observers
binti Haji Ibrahim
Perbadanan Tabung Amanah Islam Brunei
State Street (Brunei) Sdn Bhd
Bank Usahawan Berhad
Dynamic & Diversified Financial Sector
Pillar I
Pillar II
Pillar III
Pillar IV
Pillar V
A membership under the Permanent Committee on Cooperation in Finance, Investment, Trade and Technology (COFITT) chaired by The Association of Banks in Singapore.
