Bank Islam Brunei Darussalam
Headquartered in Bandar Seri Begawan, Bank Islam Brunei Darussalam (BIBD) is Brunei’s largest bank and flagship Islamic financial institution. With fourteen branches located across Brunei, BIBD leads the Brunei market in assets, financings and deposits – and is also the preferred payroll bank for government employees.
BIBD provides a wide array of Islamic financial services to all customer segments. Consumer banking contributes the majority of the bank’s revenue, with corporate banking and institutional banking also contributing towards the institution’s growth. Other initiatives include:
BIBD At-Tamwil, a wholly-owned subsidiary, provides fixed deposits, vehicle hire purchase and consumer product financing.
BIBD Securities, a wholly-owned subsidiary, which provides brokerage services for both local and foreign shares.
Syarikat Takaful Brunei Darussalam, a 30%- owned affiliate company, provides general and family takaful services through its subsidiaries Takaful Brunei Am and Takaful Brunei Keluarga.