The Brunei Association of Banks (BAB) provides for the orderly conduct of banking business and activities in Brunei Darussalam. This is to protect and serve the best interest of its customers with improved and more transparent services and regulations.
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 Autoriti Monetari Brunei Darussalam and other best practices.
- Collaboration with similar bodies and other related stakeholders, both locally and internationally.
Statement from Chairman
I am honoured to chair the Brunei Association of Banks (BAB) this term and look forward to continue fostering meaningful engagement with regulatory stakeholders for the benefit of the industry and community at large.
We also continue to engage with partner associations in the region and beyond to share best practices within the industry to continuously raise the standards of banking in the digital world and the next wave of globalisation. Just last year, November 2018, the BAB hosted the 48th Asean Banking Council in Brunei which was attended by over 200 senior banking executives from the 10 ASEAN countries.
The association welcomes any feedback and collaborative opportunities in the spirit of innovation and progress.
Pengiran Aki Ismasufian bin Pengiran Haji Ibrahim
The Brunei Association of Banks
The Brunei Association of Banks (BAB) is a National Banking Associations member of the ASEAN Bankers Association (ABA) .
A membership under the Permanent Committee on Finance, Investment and Trade (COFIT) chaired by the Association of Banks in Singapore