A bank for the people of Brunei, by the people of Brunei
Vision
Serving Brunei through Islamic Solution as its leading financial institution
Mission
To be the best Islamic Bank in Asia-Pacific
Key Facts
Name
Bank Islam Brunei Darussalam Berhad
Business
Full-service Islamic financial institution
Head Office
Lot 159, Jalan Pemancha, Bandar Seri Begawan, BS8711, Negara Brunei Darussalam
Total Group Assets
BND 10b at year end (2023, audited)
Group Profit after Zakat and Taxation
BND 178.7m (2022, audited)
Group Capital Adequacy Ratio Tier 1 (Core Capital)
18.4% (2023, audited)
Excellence
Rated A- (Stable) by S&P Global (since 16 July 2020)
Our Values
Integrity
We conduct ourselves with absolute integrity and take complete ownership.
Customer Focused
We focus on providing solutions for our customers.
Unity of Purpose
We treat everyone with respect and sincerity to achieve the bank’s vision.
Excellence
We always strive to be better.
What Matters To Us
We provide smart, safe and practical financial services and solutions to our customers regardless of race or religion, ultimately supporting the ambitions of the Bruneian community.
Sustainability
BIBD strives to be a catalyst of change by being a sustainable business that actively works to make the world a better and greener place.
Innovation
BIBD NEXGEN showcases our intent to transform traditional banking to the FinTech age and bring forward the deployment of transformative innovations.
Community
As a bank that is Bruneian at Heart, our community is always at the heart of what we do.
Corporate Governance
At BIBD, we prioritise strong corporate governance to ensure transparency, accountability and the highest ethical standards, building trust among our stakeholders and enabling sustainable growth.
Your Partner in Progress
A Journey of Cultivation
Laying the groundwork for healthy financial habits is one of the most important lesson we can pass to the younger generation.
But you don’t have to do it alone in this journey – through your savings at BIBD and investments at BIBD Securities, you can make a conscious decision to impart good money habits from an early age.
Because as a Partner in Progress, building a strong financial foundation through financial literacy is always at the heart of what we do.
A Journey of Dedication
A Journey of Growth
Our Milestones
The Start of Our Journey
Island Development Bank is established.The First Rebranding
IDB changed its name to Islamic Bank of Brunei (IBB)DBB Formed
Development Bank of Brunei (DBB) established.Our Journey to Becoming an Islamic Bank
DBB converted into the Islamic Development Bank of Brunei (IDBB)
The Merger
Bank Islam Brunei Darussalam Berhad (BIBD) is established through a merger of IBB and IDBB
Our Transformation
Fajr Capital invested in BIBD and kickstarts the transformation journey
A New Look
BIBD launched a rebranding project that encapsulated the deep transformationthat the Bank has undergone, as we sought to reposition ourselves as a bank that intrinsically understands the aspirations of Bruneians.Rated A- by S&P Global
Leading international credit ratings agency S&P Global gives A- rating with a Stable Outlook, putting BIBD on par with other leading banks in the Asia Pacific region.
An Infinity of Possibilities
BIBD unveiled BIBD NEXGEN, a new digital banking concept which showcases our intent to transform traditional banking to the fintech age.
Consistency of Excellent Service Delivery Standards
BIBD gets ISO9001:2015 certification for Provision of Retail Customers Onboarding and Personal Financing Service, making us the only bank in Brunei Darussalam to be awarded this certification consistently at all our branches.
The Best Managed Bank in Brunei
BIBD wins Prestigious Accolades at the Asian Banker’s Leadership Achievement Awards.
Recognised for Asset Management Excellence
BIBD Asset Management recognised as the ‘Islamic Asset Manager of the Year’ for Brunei by The Asset Triple A Islamic Finance Awards.
A Commitment to Sustainability
BIBD officially launches theSustainability Framework, marking our clear focus and strategic decision to support a wider commitment to sustainability.
Awards & Recognition
At BIBD, we are humbled by the numerous awards and accolades bestowed on us through the years. These honours stand as a testament to our unwavering dedication to innovation and excellence. They serve as a reminder of the trust and confidence that our customers, stakeholders and strategic partners have placed in us.
Our key awards can be found below:
S&P Global
BIBD has been rated A- (Stable) since 2015. This puts BIBD on par with other leading banks in the Asia-Pacific region.
ISO Certified
BIBD proudly holds the ISO 9001:2015 certification, a globally recognised standard for Quality Management Systems. This is a testament to our dedication in providing excellence and reliability in every interaction.
Bank of the Year
This prestigious recognition underscores the trust and confidence placed in us by our valued customers and stakeholders.
Strongest Bank
For consistently demonstrating financial robustness, BIBD has been recognised as the Strongest Bank by Balance Sheet, reflecting our steadfast commitment to maintaining solid financial health and stability for our customers.
Supporting Businesses
This accolade highlights our comprehensive support and tailored financial solutions, empowering SMEs to reach new heights.
Empowering Communities
Through long-term, impactful and innovative programs, BIBD continues to make a positive difference, fostering inclusive social impact and empowering communities.
Stories for you
The latest news and updates
BIBD ALAF holds Khatam Al Quran Ceremony
Four Lucky Winners Take Home B$10,000 each in BIBD Aspirasi Quarterly Draw
BIBD Empowers Community through Support to Orphans and Academic Achievers
BIBD Wins Prestigious Best Islamic Wealth Management Solutions Award
BIBD ALAF Scholar Siti Nurul Izzah Adila Embarks on a Promising Future with Monash University
BIBD Donates Proceeds of “Cookies for Palestine” Campaign
