28-05-2025
Bank Islam Brunei unveils development project in support of 12th National Development Plan goals
Minister at the Prime Minister's Office and Minister of Finance and Economy II Datuk Seri Setia Dr Awang Mohd Amin Liew Abdullah and Minister of Development Datuk Seri Setia Awang Muhammad Juanda Abdul Rashid at the ceremony. - BIBD via BB/ANN
BANDAR SERI BEGAWAN: Bank Islam Brunei Darussalam Berhad (BIBD) participated in the official launch ceremony of the 12th National Development Plan (RKN12) at the Ministry of Finance and Economy.
Minister at the Prime Minister's Office and Minister of Finance and Economy II Datuk Seri Setia Dr Awang Mohd Amin Liew Abdullah was the guest of honour.
In support of the national priorities outlined in the 12th National Development Plan, BIBD showcased its BIBD Connects Temburong initiative, an infrastructure project that exemplifies the bank's commitment to equitable growth and community development across all districts.
Launched in October 2024 and expected to be completed by mid-2025, the BIBD Connects Temburong facility will serve as a central hub offering banking services, business spaces for micro, small and medium enterprises (MSMEs) and a communal venue for local events.
Designed with sustainability in mind, the multi-storey building will incorporate green technologies such as solar-powered lighting and rainwater harvesting – supporting both environmental protection and economic activity in the district.
BIBD Assistant Managing Director 1 Mohammad Yusri Wahsalfelah said, 'BIBD Connects Temburong reflects our belief that national development must be inclusive, sustainable and people-focused. This project goes beyond infrastructure, creating opportunities for local businesses and communities to grow together.
'As we support the 12th National Development Plan, we are proud to contribute meaningfully towards Brunei Vision 2035 by building resilient eco-systems in every district.'
As an Islamic financial institution that is Bruneian at Heart, BIBD's commitment to national development goes beyond the provision of financial services.
BIBD continues to play an active role in strengthening communities and empowering individuals through initiatives such as the BIBD SEED programme for entrepreneurship, BIBD ALAF for education access, and extensive community outreach efforts that promote financial literacy, sustainability, and social inclusion.
These efforts reflect BIBD's role as a Partner in Progress, working hand-in-hand with government, businesses, and communities to support Brunei's long-term socio-economic aspirations.
BIBD remains the only financial institution in Brunei with a full-fledged branch in Temburong District, underscoring its dedication to serving all segments of the community.
BIBD's participation in the launch of RKN12 reaffirms its strategic role in advancing Brunei Vision 2035, particularly in promoting sustainable economic diversification and inclusive national progress. - Borneo Bulletin/ANN
