Baiduri Bank, one of Brunei’s strongest financial institutions, achieved a historic milestone in its three-decade journey by opening a new representative office in Singapore. The launch took place at Marina Bay Financial Centre Tower 2, a location that reflects Singapore’s role as a regional hub for finance and trade. Guests from both Brunei and Singapore attended, including senior officials, business leaders, and international partners.
Strengthening Business and Banking Links Across ASEAN
The Singapore office positions Baiduri Bank closer to global financial markets. It gives Bruneian companies easier access to regional opportunities in trade, investment, and corporate banking. The office will not only promote Baiduri’s corporate and institutional banking services but also focus on treasury solutions and trade finance.
By establishing itself in Singapore, Baiduri Bank can collaborate more directly with major regional institutions. The new presence also helps Brunei’s small and medium enterprises connect with Singapore-based investors and multinational corporations. Through partnerships with organizations such as the Brunei Economic Development Board, the bank plans to attract new capital to Brunei while offering local companies a springboard to grow abroad.
Experienced Leadership Driving the Expansion
Baiduri Bank appointed Mr. Young Yi as the Chief Representative Officer of the Singapore office. Yi brings over 25 years of experience working with some of the world’s leading banks, including HSBC, Deutsche Bank, Société Générale, ANZ, and Westpac. His expertise in building financial partnerships across Asia makes him well-suited to lead the bank’s expansion into Singapore.
Yi’s role is not limited to representing Baiduri Bank; he will actively build bridges between Brunei’s businesses and regional investors. For Bruneian firms seeking to expand, he provides trusted advice. For Singaporean companies interested in Brunei, he offers guidance on navigating opportunities in the Sultanate’s growing economy.
Recognition for Strong Banking Performance
Baiduri Bank’s regional expansion reflects its growing reputation. In 2025, the bank earned recognition as Best Bank in Brunei from Finance Asia. It also received the Domestic Retail Bank of the Year—Brunei title from the ABF Retail Banking Awards. These awards highlight Baiduri Bank’s progress in strengthening both digital banking and retail services.
Such recognition demonstrates that Baiduri Bank is not only focused on growth but also on maintaining a standard of excellence in service, technology, and customer trust.
Commitment to Innovation and Sustainability
Alongside regional growth, Baiduri Bank has committed itself to sustainability and financial literacy. In 2025, the bank announced a new sustainability framework that focuses on environmental, social, and governance practices. It also plans to launch a Financial Wellness Centre, offering workshops and resources to help communities manage their finances better.
This approach shows that Baiduri Bank’s vision extends beyond profits. The institution wants to create long-term value for its customers and contribute positively to Brunei’s society. The move reflects confidence in the region’s future and shows Baiduri’s determination to remain a key player in shaping Brunei’s economic growth.
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