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.
Welcoming Statement by the Chairman, Brunei Association of Banks (BAB)
It is with great pleasure that I welcome you all as we embark on this new chapter for the Brunei Association of Banks (BAB). With Bank Islam Brunei Darussalam Berhad (BIBD) resuming the role of Chairmanship, we reaffirm our dedication to fostering close collaboration among our member banks, regulators, and stakeholders, with the shared objective of further strengthening Brunei Darussalam’s banking sector and its meaningful contribution to sustainable economic growth in support of the aspirations of Brunei Wawasan 2035.
As an association, we will continue to work closely with the Brunei Darussalam Central Bank (BDCB), our stakeholder and our overseas counterparts. We are committed to supporting the successful implementation and advancement of the National Payment Gateway. This initiative represents a critical foundation for a more seamless, inclusive, and secure financial ecosystem, aligned with the nation’s Digital Economy Masterplan 2025 and the BDCB Digital Payment Roadmap 2019-2025.
Diversification of banking products and services are one of the key areas that the association will be focusing on to ensure that the product offerings remain innovative, customer-centric, and responsive to evolving market needs. By doing so, we can better support economic activity, entrepreneurship, and financial inclusion across Brunei Darussalam.
BAB continues to support and facilitate Foreign Direct Investment (FDI) activities by providing a conducive financial environment and banking solutions to service their domestic and cross-border requirements. By leveraging regional and international partnerships, we can enhance connectivity, unlock new growth avenues, and position Brunei’s banking sector more firmly within the global financial landscape.
Finally, BAB members remain steadfast in its commitment to advancing the development of Bruneian professionals through capacity building, knowledge sharing, and leadership development initiatives, and ultimately fostering a future-ready workforce for the banking and financial services industry.
Together, through collaboration, integrity, and forward-looking leadership, we can continue to contribute meaningfully to Brunei Darussalam’s economic growth and long-term prosperity.
Warm regards,
JUNAIDI BIN HAJI MASRI
Chairman
The Brunei Association of Banks
Office Bearers
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
Executive Members
Mr Ti Eng Hui
Baiduri Bank Sendirian Berhad
Dr Li Feng
Bank of China (Hong Kong) Brunei Branch
Sulaiman bin Isa
Malayan Banking Berhad
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.
