Published on 1st November 2024
Bank Islam Brunei Darussalam (BIBD) held its AGM on November 1st, attended by 900 shareholders. Despite global economic uncertainty, BIBD achieved strong financial performance in 2023, recording a net profit of $178.7 million and net income of $376.5 million. The bank's capital adequacy ratio (CAR) stood at 18.5%, exc...
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Bank Islam Brunei Darussalam (BIBD) recently held its AGM, where it reported a robust financial performance for 2023, including a net profit of $178.7 million, despite global economic challenges. The bank also celebrated its 30th anniversary and reaffirmed its commitment to supporting Brunei's economy and sustainability initiatives.
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