Published on 5th June 2020
Brunei's leading Islamic bank, Bank Islam Brunei Darussalam (BIBD), announced a record $10.7 billion in total assets for 2019, marking a 6.2% increase from 2018. The bank's net profit grew by 5% to $155.4 million due to strong performance in financing, leasing, and investment. The BIBD Group's revenue rose to $342.9 mi...
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Bank Islam Brunei Darussalam (BIBD) has achieved significant financial milestones, reporting total assets of $10.7 billion in 2019, a 6.2% increase from the previous year. Their net profit rose by 5% to $155.4 million, reflecting strong performance in financing and investments. BIBD continues to position itself as a leading Islamic bank in the Asia-Pacific region.
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