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
B$ 11.2b (2024, audited)
Group Profit after Zakat and Taxation
B$ 109.9m (2024, audited)
Group Capital Adequacy Ratio Tier 1 (Core Capital)
17.9% (2024, 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, laying the foundation for what would eventually become BIBD.
The First Rebranding
Island Development Bank is renamed to Islamic Bank of Brunei (IBB)
Establishment of DBB
The Development Bank of Brunei (DBB) is established, a new financial institution in Brunei’s banking landscape.
Becoming an Islamic Bank
DBB is converted into the Islamic Development Bank of Brunei (IDBB)
The Merger
Bank Islam Brunei Darussalam Berhad (BIBD) is formed through the merger of IBB and IDBB.
Transformation Begins
Fajr Capital invests in BIBD, marking the start of our transformation journey.
Rebranding BIBD
BIBD unveils a new brand identity to reflect our vision as a bank that understands and serves the aspirations of Bruneians.
Credit Rating Achieved
BIBD receives an A- (Stable) credit rating from S&P Global, making us the highest-rated Bruneian bank at the time.
An Infinity of Possibilities
BIBD introduces BIBD NEXGEN, a digital banking concept designed to transform traditional banking for the fintech era.
ISO 9001:2015 Certified
BIBD receives ISO9001:2015 certification for Provision of Retail Customers Onboarding and Personal Financing Service – the first bank in Brunei to do so across all branches.
Ownership Transition
Fajr Capital completes its divestment from BIBD to the Brunei Investment Agency (BIA), concluding a successful transformation into a world-class financial institution.
Commitment to Sustainability
BIBD officially launches its Sustainability Framework, solidifying its strategic focus on long-term environmental and social impact.
Partnering for Climate Action
BIBD signs a Memorandum of Understanding with the Brunei National Climate Chance Council (BNCCC) to support national sustainability and climate action goals.
Celebrating 30 Years of Progress
BIBD marks its 30th anniversary, celebrating three decades of service, innovation and progress as Brunei’s leading financial institution.
First Mega Community Event
BIBD hosts the BIBD Mega Karnival, a first-of-its-kind celebration that brings together the community through a showcase of local businesses, entertainment, engagement and financial services.
Awards & Accolades
Over the years, BIBD has been recognised by esteemed global and regional institutions for our unwavering commitment to excellence, innovation and sustainability. These accolades reflect the trust our customers place in us and our drive to deliver impactful, purpose-driven banking solutions across every aspect of our business.
S&P Global
BIBD has been rated A- (Stable) by S&P Global since 2015. This puts BIBD on par with other leading banks in the Asia-Pacific region and reflects our strong creditworthiness and sound financial management.
Commitment to Quality
BIBD is certified in ISO 9001:2015 for Quality Management Systems and ISO 22301:2019 for Business Continuity Management, demonstrating our dedication to excellence, reliability and operational resilience in delivering trusted banking services.
Excellence in Retail Banking
Our leadership in retail banking has been recognised through mulitple awards:
- Best Retail Bank in Brunei by The Asian Banker – for 10 consecutive years
- Best Bank for Islamic Wealth Management Solutions by the Cambridge Islamic Finance Awards
- Best Islamic Retail Bank for Premiere Banking by the Islamic Retail Banking Awards
Financial Strength and Stability
We continue to be acknowledged for our strong fundamentals and prudent risk management:
- Strongest Bank in Brunei by The Asian Banker
- Safest Bank in Brunei by Global Finance
Oustanding Bankwide Performance
Our all-round performance and commitment to delivering value across all fronts has earned us:
- Bank of the Year for Brunei by The Banker
- Best Bank in Brunei and Best Islamic Bank in Brunei by Global Finance
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Championing Sustainability
BIBD’s strong commitment to sustainability is reflected in awards such as BrandLaureate’s Brand Award for Sustainability – Banking & Finance and Most Sustainable Islamic Bank by the Cambridge Islamic Finance Awards.
Guided by our Sustainability Framework, we integrate environmental, social and governance principles into our operations to support national and global development goals.
Caring for Our People and Our Community
At BIBD, our commitment to holistic well-being and community development is at the heart of everything we do.
Internally, we foster a supportive and health workplace, a dedication that earned us the Best Health and Wellness Initiative at the Asian Management Excellence Awards.
Our flagship initiatives – BIBD SEED, BIBD ALAF and BIBD Connects – were also recognised at the 3G Global Good Governance Awards for our impact-driven approach to corporate social responsibility and community empowerment.
Stories for you
The latest news and updates
BIBD Contributes Donations to Over 3,000 Orphans
BIBD Connects Reopens at Taman Mahkota Jubli Emas with the Launch of the Ramadhan Eco Bazaar
BIBD Recognised at BrandLaureate Awards
BIBD Equips Customers with Insights for Strategic Investment Decisions
BIBD wins Best Bank for Islamic Wealth Management Solutions for 2nd Consecutive Year
BIBD wins Brunei Health and Wellness Initiative of the Year at Asian Management Excellence Awards
