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Bank Islam Brunei Darussalam

Bank Islam Brunei Darussalam

BankingNo. 3 in BruneiBrunei
Founded
2006
Headquarters
Bandar Seri Begawan, Brunei
Ticker
n/a
Sector
Banking

Stock performance

This company has no listed ticker in our data, so there is no price chart.

History

Bank Islam Brunei Darussalam (BIBD) was formed in 2006 through the merger of the Islamic Bank of Brunei and the Islamic Development Bank of Brunei, creating the country's largest bank.

Business model

BIBD provides Islamic retail, corporate, and investment banking and wealth management, along with digital banking services.

Market position

BIBD is Brunei's largest bank by assets and deposits.

Country impact

BIBD is central to Brunei's financial system and its push to develop Islamic finance as part of diversifying the economy beyond oil and gas.