News Archive
Skip Ribbon Commands
Skip to main content

News Archive

PostDateIcon

Last modified: 12/10/2015 02:03 PM |

PostAuthorIcon

by: i:0#.w|bnmof\mohayazeed_jasni

  


PRESS RELEASE

SUCCESSFUL ISSUANCES OF BRUNEI DARUSSALAM GOVERNMENT SUKUK AL-IJARAH SECURITIES


Bandar Seri Begawan, Brunei Darussalam (July 2021) - The Brunei Darussalam Central Bank (BDCB), agent to the Government of His Majesty The Sultan and Yang Di-Pertuan of Brunei Darussalam in managing and administering Sukuk Al-Ijarah issuances, is pleased to announce the successful pricing of its 196th issuance of Sukuk Al-Ijarah securities.

The total of the sukuk issuance was BND100 million with the following details:

SeriesIssuance DateMaturity DateTenorRental Rate
196
8 July 20217 October 2024
91 Days
0.1875%

 

With this issuance, the Brunei Government has thus far issued over BND14.65 billion worth of Sukuk Al-Ijarah securities since the maiden offering on 6th April 2006, and the total holdings of the Brunei Government Sukuk outstanding as at 8th July 2021 stood at BND280.0 million.

Download PDF here Successful Issuances of Brunei Darussalam Government Sukuk Al-Ijarah Securities 196th Series

  

Press Release

SUCCESSFUL ISSUANCE OF BDCB ISLAMIC BILLS

 

Bandar Seri Begawan, Brunei Darussalam (July 2021) - The Brunei Darussalam Central Bank (BDCB), is pleased to announce the successful pricing of its 31st issuance of BDCB I-Bills.

The total of the sukuk issuance was BND32 million with the following details:


SeriesIssuance DateMaturity DateTenorRate
0311 July 202115 July 202114 Days0.1300%


With this issuance, BDCB thus far issued BND678 million worth of short-term BDCB I-Bills since the maiden offering on 22nd October 2020, and the total holdings of the BDCB I-Bills outstanding as at 1st July 2021 stood at BND52 million.                                                                                      

  


Press Release 

SUCCESSFUL ISSUANCE OF BDCB ISLAMIC BILLS

 

Bandar Seri Begawan, Brunei Darussalam (July 2021) - The Brunei Darussalam Central Bank (BDCB), is pleased to announce the successful pricing of its 32nd issuance of BDCB I-Bills. 

The total of the sukuk issuance was BND47 million with the following details:

 

SeriesIssuance DateMaturity DateTenorRate
0328 July 202122 July 202114 Days0.1200%

 

With this issuance, BDCB thus far issued BND725 million worth of short-term BDCB I-Bills since the maiden offering on 22nd October 2020, and the total holdings of the BDCB I-Bills outstanding as at 8th July 2021 stood at BND79 million.                                                                                       

  


Press Release

SUCCESSFUL ISSUANCE OF AMBD ISLAMIC BILLS

Bandar Seri Begawan, Brunei Darussalam (June 2021) - The Autoriti Monetari Brunei Darussalam (AMBD), is pleased to announce the successful pricing of its 30th issuance of AMBD I-Bills.

The total of the sukuk issuance was BND20 million with the following details:

SeriesIssuance DateMaturity DateTenorRate
030
24June 20218 July 202114 Days0.1200%

 

With this issuance, AMBD thus far issued BND646 million worth of short-term AMBD I-Bills since the maiden offering on 22nd October 2020, and the total holdings of the AMBD I-Bills outstanding as at 24th June 2021 stood at BND30 million.

Download Successful Issuance of AMBD Islamic Bills 30th Series

  


Press release

AUTORITI MONETARI BRUNEI DARUSSALAM HOLDS SEMINAR

TO CELEBRATE ITS 10th YEAR OF ESTABLISHMENT

Rizqun International Hotel, Bandar Seri Begawan

Wednesday, 12 Zulkaedah 1442H corresponding to 23 June 2021

 

1.                     Autoriti Monetari Brunei Darussalam (AMBD) held the "AMBD 10th Anniversary (2011-2021) Seminar" on Wednesday, 12 Zulkaedah 1442H corresponding to 23 June 2021 at The Rizqun International Hotel, Bandar Seri Begawan.

2.                   The event was held to commemorate the establishment of AMBD and its achievements as the country's central bank over the decade. 

3.                   The guest of honour for the event was Yang Berhormat Dato Seri Setia Haji Awang Abdul Mokti bin Haji Mohd Daud, Minister at the Prime Minister's Office, in Yang Berhormat's capacity as a member of AMBD's Board of Directors. Also in attendance were Legislative Council Members;  other members of the AMBD Board of Directors; Permanent Secretaries; Deputy Permanent Secretaries and senior officials from government agencies and AMBD, as well as invited members of the public.

4.                   The event commenced with welcoming remarks delivered by Yang Mulia Dayang Hajah Rokiah binti Haji Badar, Managing Director, AMBD. In her remarks, Yang Mulia Dayang Hajah Rokiah emphasised the rapid evolvement of the financial landscape and subsequently, the increasingly complex areas for AMBD to explore as Brunei Darussalam's central bank since its establishment on 1 January 2011. Yang Mulia Dayang Hajah Rokiah also shared that despite the challenges faced by AMBD in its early years transitioning towards an independent statutory body, as well as those which came after, AMBD has continuously upheld its responsibilities of ensuring monetary stability; safeguarding financial stability and developing the financial sector of the country, while maintaining and building relationships with its stakeholders.

5.                   The event was followed by an opening address by the guest of honour which underlined the significant milestones AMBD has achieved in the last 10 years centred around its mandates. Yang Berhormat Dato then shared the future direction of AMBD, and the importance of AMBD to reposition itself towards becoming a more dynamic monetary authority. Yang Berhormat Dato also stressed the importance for AMBD to further strengthen prudential regulation and supervision, and to ensure AMBD's policies remain adaptive and effective in the changing regulatory environment in the decades to come for the good of not only the economy, but also the people of Brunei Darussalam.

6.       The event then proceeded with a keynote address by Dr Diwa Guinigundo, ex-Deputy Governor, Bangko Sentral ng Pilipinas, Republic of the Philippines. In his keynote address, Dr Diwa highlighted about grey rhinos – which are highly predictable issues that should not be ignored, but tend to be by policymakers. Amongst the grey rhinos elaborated include the COVID-19 pandemic; ultra-low interest rate environment; and the FinTech revolution. These issues have manifested in greater volatility of capital flows. The key takeaway from Dr Diwa's keynote address was the need for enhancements on central banks' existing policy frameworks to cater to the complex global economic environment.

7.                    The seminar then continued with a presentation entitled "AMBD: Our Objectives, Growth and Future" delivered by Yang Mulia Dayang Hajah Sufinah binti Haji Sahat, Acting Assistant Managing Director, Corporate Development, AMBD, followed by the first panel session, with the theme Maintaining Efficient Payment Systems and Monetary Stability led by Yang Mulia Dayang Hajah Noorrafidah binti Haji Sulaiman, Deputy Managing Director, Monetary Operation/ Development and International, AMBD.

8.                   This was followed by a discussion on Safeguarding Financial Stability led by Yang Mulia Dayang Hajah Rashidah binti Haji Sabtu, Deputy Managing Director, Regulatory and Supervision, and the seminar wrapped up with a discussion on Developing the Financial Sector led by Yang Mulia Awang Mardini bin Haji Eddie. The discussions were also participated by AMBD management and officers as panellists.

9.                   The event also showcased congratulatory messages received from AMBD's previous Managing Directors, Yang Mulia Dato Paduka Awang Haji Mohd Rosli bin Haji Sabtu and Yang Mulia Awang Yusof bin Abd Rahman as well as governors from central banks in the region including His Excellency Chea Chanto, National Bank of Cambodia; His Excellency Perry Warjiyo, Bank Indonesia; His Excellency Sonexay Sitphaxay, Bank of The Lao PDR; Her Exellency Datuk Nor Shamsiah binti Mohd Yunus, Bank Negara Malaysia; His Excellency Than Nyein, Central Bank of Myanmar; His Excellency Benjamin E. Diokno, Bangko Sentral ng Pilipinas; His Excellency Ravi Menon, Monetary Authority of Singapore; His Excellency Sethaput Suthiwartnarueput, Bank of Thailand; and Her Excellency Nguyen Thi Hong, State Bank of Vietnam.

 

Autoriti Monetari Brunei Darussalam

Date:                 12 Zulkaedah 1442H / 23 June 2021M

Reference:        AMBD/COMMS/3

Download Malay version AMBD Siaran Akhbar - 10 Year Anniversary Seminar

Download English version AMBD Press Release - 10 Year Anniversary Seminar

  


Press Release

SUCCESSFUL ISSUANCE OF AMBD ISLAMIC BILLS

Bandar Seri Begawan, Brunei Darussalam (June 2021) - The Autoriti Monetari Brunei Darussalam (AMBD), is pleased to announce the successful pricing of its 29th issuance of AMBD I-Bills.

The total of the sukuk issuance was BND10 million with the following details:

SeriesIssuance DateMaturity DateTenorRate
029
17 June 20211 July 202114 Days0.0900%

 

With this issuance, AMBD thus far issued BND626 million worth of short-term AMBD I-Bills since the maiden offering on 22nd October 2020, and the total holdings of the AMBD I-Bills outstanding as at 17th June 2021 stood at BND22 million.

Download Successful Issuance of AMBD Islamic Bills 29th Series

  


PRESS RELEASE

SUCCESSFUL ISSUANCES OF BRUNEI DARUSSALAM GOVERNMENT SUKUK AL-IJARAH SECURITIES


Bandar Seri Begawan, Brunei Darussalam (June 2021) - The Autoriti Monetari Brunei Darussalam (AMBD), agent to the Government of His Majesty The Sultan and Yang Di-Pertuan of Brunei Darussalam in managing and administering Sukuk Al-Ijarah issuances, is pleased to announce the successful pricing of its 195th issuance of Sukuk Al-Ijarah securities.

The total of the sukuk issuance was BND5 million with the following details:

SeriesIssuance DateMaturity DateTenorRental Rate
195
17 June 202113 June 2024
1092 Days (3 Years)
0.1875%

 

With this issuance, the Brunei Government has thus far issued over BND14.55 billion worth of Sukuk Al-Ijarah securities since the maiden offering on 6th April 2006, and the total holdings of the Brunei Government Sukuk outstanding as at 17th June 2021 stood at BND280.0 million.

Download PDF here Successful Issuances of Brunei Darussalam Government Sukuk Al-Ijarah Securities 195th Series

  


PRESS RELEASE

AMBD ALERT LIST HAS BEEN UPDATED

 

1.         Autoriti Monetari Brunei Darussalam (AMBD) would like to inform members of the public that the AMBD Alert List has been updated. 

2.       The AMBD Alert List is a list of individuals, companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by AMBD or whose activities raise a suspicion of illegal financial activity. This list is without prejudice to any further assessment by AMBD regarding the activities of the companies concerned. 

3.       AMBD would also like to inform the public that the individuals, companies or entities listed below have been included in the Alert List for the month of May 2021, as follows: 

  1. Alan Wong Loan Settlement (FB Profile) (8300641); and
  2. Billah FinService Organization (FB Profile) 

4.       To access the Alert List, members of the public may visit the AMBD website at www.ambd.gov.bn. A list of persons or institutions licensed by AMBD may be obtained through the same website.

5.       Further, it has come to the AMBD's attention that there are several Facebook pages that are used as platforms to advertise and offer unlicensed/ unregulated financial activities (meaning the provision of financial products and related services), including the Facebook page "Via Tempat Minjam Duit Tahan Item/ATM".

6.       In this regard, AMBD would like to urge the public to only deal with financial institutions licensed by AMBD, and to avoid against dealing with unlicensed financial service providers or third party entities that offer assistance to obtain financial products or related services on any social media platforms. Members of the public who involve themselves with unlicensed or unregulated persons and/or financial institutions will not have the protection afforded under the regulatory framework administered by AMBD.

7.       AMBD remains committed to the financial stability of Brunei Darussalam and to safeguarding Brunei Darussalam's financial system and the interests of financial consumers. AMBD will also continue to actively monitor any suspicious or unlicensed financial activities in Brunei Darussalam. If the public have any information on unlicensed financial activities, please contact AMBD at 2380007 or email us at fci@ambd.gov.bn.

 

 

Autoriti Monetari Brunei Darussalam

Date:                 5 Zulkaedah 1442H / 16 June 2021M

Reference:        AMBD/COMMS/3

Download Malay version here

Download English version here

  


Press Release

SUCCESSFUL ISSUANCE OF AMBD ISLAMIC BILLS

Bandar Seri Begawan, Brunei Darussalam (April 2021) - The Autoriti Monetari Brunei Darussalam (AMBD), is pleased to announce the successful pricing of its 25th issuance of AMBD I-Bills.

The total of the sukuk issuance was BND12 million with the following details:

SeriesIssuance DateMaturity DateTenorRate
0256 May 202120 May 202114 Days0.1000%

 

With this issuance, AMBD thus far issued BND604 million worth of short-term AMBD I-Bills since the maiden offering on 22nd October 2020, and the total holdings of the AMBD I-Bills outstanding as at 6th May 2021 stood at BND12 million.

Download Successful Issuance of AMBD Islamic Bills 25th Series

  


PRESS RELEASE

SUCCESSFUL ISSUANCES OF BRUNEI DARUSSALAM GOVERNMENT SUKUK AL-IJARAH SECURITIES


Bandar Seri Begawan, Brunei Darussalam (May 2021) - The Autoriti Monetari Brunei Darussalam (AMBD), agent to the Government of His Majesty The Sultan and Yang Di-Pertuan of Brunei Darussalam in managing and administering Sukuk Al-Ijarah issuances, is pleased to announce the successful pricing of its 194th issuance of Sukuk Al-Ijarah securities.

The total of the sukuk issuance was BND100 million with the following details:

SeriesIssuance DateMaturity DateTenorRental Rate
1946 May 20215 August 202191 Days0.1875%

 

With this issuance, the Brunei Government has thus far issued over BND14.55 billion worth of Sukuk Al-Ijarah securities since the maiden offering on 6th April 2006, and the total holdings of the Brunei Government Sukuk outstanding as at 6th May 2021 stood at BND325 million.

Download PDF here Successful Issuances of Brunei Darussalam Government Sukuk Al-Ijarah Securities 194th Series

  


PRESS RELEASE

BRUNEI DARUSSALAM'S RESIDENTIAL PROPERTY PRICE INDEX (RPPI)

FOR QUARTER 4 2020 (Q4 2020)

1.         Autoriti Monetari Brunei Darussalam (AMBD) today published Brunei Darussalam's Residential Property Price Index (RPPI) for the fourth quarter of 2020 (Q4 2020). The index is compiled using data sourced from the banks in Brunei Darussalam, and is published with close cooperation from the Ministry of Development, in particular the Authority for Building Control and Construction Industry (ABCi). 

2.       In Q4 2020, the RPPI was at 90.6, showing a decrease of 4.9% year-on-year compared to Q4 2019, and a decrease of 1.2% quarter-on-quarter compared to the previous quarter (Q3 2020). 


AMBD RPPI Q4 2020 Img01.PNG

AMBD RPPI Q4 2020 Img02.PNG

3.       Based on the mortgage data obtained from the banks, there were 131 transactions for private residential properties in Q4 2020, compared to 182 transactions in Q3 2020. The majority of these transactions were for detached houses (53.4%); followed by semi-detached houses (19.9%); terrace houses (18.3%); apartments (3.8%); and land (4.6%). 

4.       The median purchase price for all types of private residential properties was BND245,000 in Q4 2020 – lower by 5.0% compared to Q4 2019 and higher by 2.1% compared to Q3 2020. The median purchase prices for specific types of properties were BND289,000 for detached houses; BND250,000 for semi-detached houses; BND202,500 for terrace houses; BND210,000 for apartments; and BND75,000 for land. 

5.       The published statistics and index should be treated as general information only and one should not rely solely on these data to draw specific conclusions on a particular private residential property as property values vary with location, land size, floor area and so on. 

6.       For more information on RPPI, members of the public may refer to the technical notes on the methodology, and updated statistics from on the AMBD website at www.ambd.gov.bn. Updates on the RPPI will also be available on AMBD's Instagram account @autoriti_monetari.

  

Autoriti Monetari Brunei Darussalam

Ref:                         AMBD/COMMS/3

Date:                      15 Sya'aban 1442H/ 29 March 2021M

Download Malay version here

Download English version here

  


Press Release

SUCCESSFUL ISSUANCE OF AMBD ISLAMIC BILLS


Bandar Seri Begawan, Brunei Darussalam (April 2021) - The Autoriti Monetari Brunei Darussalam (AMBD), is pleased to announce the successful pricing of its 24th issuance of AMBD I-Bills.

The total of the sukuk issuance was BND20 million with the following details:

SeriesIssuance DateMaturity DateTenorRate
024
22 April 20216 May 202114 Days0.1000%


With this issuance, AMBD thus far issued BND592 million worth of short-term AMBD I-Bills since the maiden offering on 22nd October 2020, and the total holdings of the AMBD I-Bills outstanding as at 22nd April 2021 stood at BND40 million.

Download Successful Issuance of AMBD Islamic Bills 24th Series

  


PRESS RELEASE

TAHLIL CEREMONY FOR

AL-MARHUM SULTAN HAJI OMAR 'ALI SAIFUDDIEN SA'ADUL KHAIRI WADDIEN

IBNI AL-MARHUM SULTAN HAJI MUHAMMAD JAMALUL ALAM,

AL-MARHUMAH DULI RAJA ISTERI PENGIRAN ANAK DAMIT

BINTI AL-MARHUM PENGIRAN BENDAHARA PENGIRAN ANAK ABDUL RAHMAN

AND AL-MARHUM HIS ROYAL HIGHNESS PRINCE HAJI 'ABDUL 'AZIM

IBNI HIS MAJESTY SULTAN HAJI HASSANAL BOLKIAH MU'IZZADDIN WADDAULAH

Omar 'Ali Saifuddien Mosque

Bandar Seri Begawan

Wednesday, 8 Ramadhan 1442H corresponding to 21 April 2021M

 

1.         Autoriti Monetari Brunei Darussalam (AMBD) held a Tahlil ceremony for Al-Marhum Sultan Haji Omar 'Ali Saifuddien Sa'adul Khairi Waddien ibni Al-Marhum Sultan Muhammad Jamalul Alam, Al-Marhumah Duli Raja Isteri Pengiran Anak Damit binti Al-Marhum Pengiran Bendahara Pengiran Anak Abdul Rahman and Al-Marhum His Royal Highness Prince Haji 'Abdul 'Azim ibni His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah today, 8 Ramadhan 1442H corresponding to 21 April 2021M. The ceremony took place at the Omar 'Ali Saifuddien Mosque, Bandar Seri Begawan. 

2.       Present at the ceremony were Yang Berhormat Pehin Orang Kaya Seri Kerna Dato Seri Setia (Dr.) Haji Awang Abu Bakar bin Haji Apong, Minister of Home Affairs in his capacity as Deputy Chairman of AMBD's Board of Directors; Yang Berhormat Dato Seri Setia Haji Awang Abdul Mokti bin Haji Mohd Daud, Minister at the Prime Minister's Office; other members of the AMBD Board of Directors as well as AMBD male officers and staff.

3.       The ceremony commenced with Zohor prayers led by Yang Mulia Mudim Haji Amran bin Haji Md Salleh. The event was then followed by the recitation of Surah Yassin and Tahlil led by Yang Mulia Imam Awang Md Hasnal bin Haji Mohamad, and concluded with the recitation of Doa Tahlil and Doa 'Allah Peliharakan Sultan dan Negara Brunei Darussalam' led by Yang Mulia Mudim Haji Amran bin Haji Md Salleh.

 

Autoriti Monetari Brunei Darussalam

Date                       :               8 Ramadhan 1442 / 21 April 2021

Reference             :               AMBD/COMMS/3

Download Malay version AMBD Siaran Akhbar - Tahlil Ceremony Ramadhan 1442

Download English version AMBD Press Release - Tahlil Ceremony Ramadhan 1442

  


Press Release

SUCCESSFUL ISSUANCE OF AMBD ISLAMIC BILLS


Bandar Seri Begawan, Brunei Darussalam (April 2021) - The Autoriti Monetari Brunei Darussalam (AMBD), is pleased to announce the successful pricing of its 23rd issuance of AMBD I-Bills.

The total of the sukuk issuance was BND20 million with the following details:

SeriesIssuance DateMaturity DateTenorRate
023
15 April 202129 April 202114 Days0.1100%


With this issuance, AMBD thus far issued BND572 million worth of short-term AMBD I-Bills since the maiden offering on 22nd October 2020, and the total holdings of the AMBD I-Bills outstanding as at 15th April 2021 stood at BND20 million.

Download Successful Issuance of AMBD Islamic Bills 23rd Series

  


PRESS RELEASE

AMBD BREAST CANCER AWARENESS SHARING SESSION

 

  1. Autoriti Monetari Brunei Darussalam (AMBD), in collaboration with Pantai Jerudong Specialist Centre (PJSC) and Brunei Breast Cancer Support Group (BBCSG), recently, organised a sharing session on breast cancer for AMBD officers and staff.
     
  2. The objective of the session is to increase awareness on the subject through an explanation of the science behind breast cancer, preventative measures which can be practiced daily, and the importance of frequent self-examination and screening for early detection. The session also shared the experiences of survivors and caring for those diagnosed with breast cancer. The talks were conducted by YM Dr. Raden Mas Jeffri bin Raden Mas Ismail, Oncology Specialist from PJSC; YM Hajah Aminah binti Haji Momin @ Ratu Hajah Aminah binti Pangeran Hawa Haji Momin, President of the BBCSG; and YM Datin Hajah Dayang Jaliha binti Haji Momin @ Ratu Datin Hajah Dayang Jaliha binti Pangeran Hawa Haji Momin, Secretary of the BBCSG.
     
  3. Through this session, it is hoped that AMBD employees would foster a better sense of responsibility towards their health, and also support those who are, or have suffered, from breast cancer.
     
  4. The event concluded with a handover of donations collected through AMBD's Pinktober 2020 Donation Drive by YM Hajah Rokiah Binti Haji Badar, Managing Director of AMBD to the President of the BBCSG. The Pinktober 2020 Donation Drive was conducted internally amongst AMBD employees to contribute mastectomy bras and breast prosthetics for breast cancer survivors and patients.
     

 

Autoriti Monetari Brunei Darussalam

Ref:                         AMBD/COMMS/3

Date:                      30 Syaaban 1442 / 13 April 2021

Download Malay version here

Download English version here

  


PRESS RELEASE
 OPERATING HOURS FOR AUTORITI MONETARI BRUNEI DARUSSALAM
DURING THE MONTH OF RAMADHAN 1442H

 

  1. Autoriti Monetari Brunei Darussalam (AMBD) would like to inform the public that it will be closed on the first day of Ramadhan, Wednesday, 14 April 2021, and will resume its operations on Thursday,      15 April 2021. This closure also includes AMBD's Currency Gallery and Gift Shop, Credit Bureau Customer Service Counter, other AMBD counter services, as well as the Real Time Gross Settlement (RTGS) System and the Automated Clearing House (ACH) System.
     
  2. AMBD would also like to inform the public on AMBD's operating hours for the month of Ramadhan 1442H:
     

    Working hours

    Monday – Thursday :               8.00 am – 3.00 pm

    Friday                           :               7.30 am – 11.30 am
     

    AMBD Currency Gallery and Gift Shop

    Monday – Thursday  :               8.30 am – 12.00 pm

    Friday                           :               8.30 am – 10.30 am

     
    Credit Bureau Customer Service Counter, Payment Counters dan Other Counter Services

    Monday – Thursday  :               8.30 am – 2.00 pm

    Friday                           :               8.30 am – 10.30 am

     
    AMBD Coin Deposit Machine

    Monday – Thursday :               8.30 am – 2.00 pm

    Friday                            :               8.30 am – 10.30 am

     
    RTGS System

    Monday – Thursday  :               9.00 am – 2.00 pm

    Friday                           :               9.00 am – 11.00 am

     
    ACH System

    Monday – Thursday :               8.50 am – 1.40 pm

    Friday                           :               8.40 am – 10.50 am

     
  3. AMBD would like to apologise for any inconvenience caused and would like to take this opportunity to wish all Muslims Ramadhan Mubarak. 


Autoriti Monetari Brunei Darussalam

Date:                      30 Syaaban 1442H/ 13 April 2021M
Reference:           AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE

SUCCESSFUL ISSUANCES OF BRUNEI DARUSSALAM GOVERNMENT SHORT-TERM SUKUK AL-IJARAH SECURITIES


Bandar Seri Begawan, Brunei Darussalam (April 2021) - The Autoriti Monetari Brunei Darussalam (AMBD), agent to the Government of His Majesty The Sultan and Yang Di-Pertuan of Brunei Darussalam in managing and administering Sukuk Al-Ijarah issuances, is pleased to announce the successful pricing of its 193rd issuance of Sukuk Al-Ijarah securities.

The total of the sukuk issuance was BND 100 million with the following details:

SeriesIssuance DateMaturity DateTenorRental Rate
193
8 April 2021
8 July 2021
91 Days0.2500%

 

With this issuance, the Brunei Government has thus far issued over BND14.45 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on 6th April 2006, and the total holdings of the Brunei Government Sukuk outstanding as at 8th April 2021 stood at BND 325.0 million.

Download PDF here Successful Issuances of Brunei Darussalam Government Short-Term Sukuk Al-Ijarah Securities 193rd Series

  


PRESS RELEASE

EXTENSION OF INTERIM MEASURES BY THE BANKING SECTOR

 

1.                  Autoriti Monetari Brunei Darussalam (AMBD), in close consultation with the banking industry, would like to inform on the extension of the period for assistance to businesses and individuals affected by the COVID-19 pandemic for another six (6) months (1st April 2021 – 30th September 2021). 

2.                Since April 2020, banks and finance companies have been providing a specific set of assistance to help alleviate the financial distress of affected borrowers. As of December 2020, a total of 2,014 applications have been granted assistance for which the majority preferred to temporarily defer their monthly loan /financing repayment. This initial assistance has expired on 31st March 2021. 

3.                Throughout the period, AMBD observed that the assistance has helped to ease customers from the sudden financial challenges due to the COVID-19 pandemic. Given the resumption of economic and social activities, a number of customers have been able to successfully exit the interim measures and resume their loan / financing repayments. Nonetheless, AMBD recognised that a number of individuals may continue to face cash flow pressures and may require more time to resume full loan / financing repayments. For some customers, an alternative financing solution may be necessary. 

4.                Through this extended period, AMBD will provide regulatory flexibility to encourage banks and finance companies to offer affected customers with suitable temporary assistance with the following options: 

    1. Deferment of repayments on loan / financing;
       
    2. Restructuring on personal loan / financing and hire purchase such as car financing for a period not exceeding 10 years;
       
    3. Conversion of outstanding balance on credit card into a short term loan / financing not exceeding 3 years for affected individuals in the private sector only including self-employed; and
       
    4. Waiver of selected fees and charges related to these facilities, except third party charges.
       

5.                Subject to each financial institutions' assessments, the temporary assistance is available to customers who continue to face cash flow challenges. Affected businesses and individuals who wish to apply are advised to approach their respective banks and finance companies for further information. Customers are advised to consider first whether the assistance is needed and the appropriateness of the options provided. For those borrowers who are able to resume full repayments are encouraged to do so, so as not to accumulate too much debt over time. 

6.                Additionally, banks will continue to waive the fees and charges (excluding third party charges) for local fund transfers made to other banks via the Real Time Gross Settlement (RTGS) and Automated Clearing House (ACH) systems for another six (6) months, until 30th September 2021 for all bank customers. Since the waivers were introduced in April 2020, AMBD has seen a positive increase towards the utilisation of online interbank transfers in terms of transaction volume. The general public is encouraged to experience the convenience of existing digital payment platforms offered by the banks and other payment system providers. 

7.                 AMBD would like to assure the general public that the banking sector remains resilient, strong and well-capitalised. AMBD will continue to actively monitor the health of the industry including the assistance granted through the period. 

8.                For further information, please contact the banks or finance companies directly or AMBD at 2388388 or


Autoriti Monetari Brunei Darussalam

Ref:                        AMBD/COMMS/3

Date:                      24 Sya'ban 1442 / 7 April 2021

Download Malay version here

Download English version here

  


PRESS RELEASE

17TH ASEAN CENTRAL BANK GOVERNORS' MEETING

AND RELATED MEETINGS, (VIRTUAL)

Monday, 29 March 2021to Tuesday, 30 March 2021

ASEAN Central Bank Governors and Financial Institutions CEOs Dialogue


1.         On Monday, 29 March 2021 Yang Mulia Dayang Hajah Rokiah binti Haji Badar, Managing Director of Autoriti Monetari Brunei Darussalam (AMBD) chaired the ASEAN Central Bank Governors and Financial Institutions Chief Executive Officers (CEOs) Dialogue that marks the start of the ASEAN Central Bank Governors Meeting under Brunei Darussalam's Chairmanship. The Dialogue served as an avenue for ASEAN Central Bank Governors and ASEAN Financial Institutions CEOs to exchange views on possible pathways and approaches for both the policymakers and industry players to collaborate in advancing the ASEAN Financial Integration agenda including adapting to the changes brought by the digital age and the move towards building a more sustainable planet and economy. 

2.       The meeting was attended by ASEAN Central Bank Governors, their representatives and representatives from banks associations from ASEAN Member Countries. Also in attendance at the Dialogue were Mr. Ti Eng Hui, Chairman of the Brunei Association of Banks (BAB) and Datuk Abdul Farid Alias, Chairman of the ASEAN Bankers Association (ABA).

 

17th ASEAN Central Bank Governors' Meeting

3.       The 17th ASEAN Central Bank Governors' Meeting (ACGM) convened virtually on Tuesday, 30 March 2021, and was also chaired by Yang Mulia Dayang Hajah Rokiah binti Haji Badar. 

4.       The meeting discussed and endorsed the progress report of financial integration initiatives under the purview of the ASEAN Senior Level Committee on Financial Integration and key takeaways from the ASEAN Financial Institution CEOs and Central Bank Governors Dialogue. 

5.       The meeting was attended by ASEAN Central Bank Governors, their representatives and members of the ASEAN Secretariat. Brunei Darussalam was represented by Yang Mulia Dayang Hajah Noorrafidah binti Sulaiman, Deputy Managing Director (Monetary Operations/Development and International) of AMBD.


7th ASEAN Finance Ministers' and Central Bank Governors' Meeting and Special Session between ASEAN Finance Ministers and Central Bank Governors with Heads of International Financial Institutions

6.       The 7th ASEAN Finance Ministers' and Central Bank Governors' Meeting (AFMGM) and Special Session between ASEAN Finance Ministers and Central Bank Governors with Heads of International Financial Institutions were also held on the same day, co-chaired by Yang Berhormat Dato Seri Setia Dr. Awang Haji Mohd Amin Liew bin Abdullah, Minister at the Prime Minister's Office and Minister of Finance and Economy II and Yang Mulia Dayang Hajah Rokiah binti Haji Badar. 

7.       The 7th AFMGM discussed the progress and development of various working groups under the Roadmap for Monetary and Financial Integration of ASEAN (RIA-Fin) and the progress of the ASEAN Sustainable Finance Cooperation. 

8.       The Special Session exchanged views with the Asian Infrastructure Investment Bank (AIIB); Asian Development Bank (ADB); the International Monetary Fund (IMF); the World Bank and ASEAN+3 Macroeconomic Research Office (AMRO) on regional and global outlooks as well as, efforts towards inclusive, digitally enabled and sustainable recovery. 

9.       The Joint Statement of the 7th AFMGM, which was adopted by Finance Ministers and Central Bank Governors can be downloaded from the ASEAN Secretariat website. 

 

Autoriti Monetari Brunei Darussalam

Ref:                  AMBD/COMMS/3

Date:                18 Syaaban 1442 /  1 April 2021

Download Malay version here

Download English version here

  


PRESS RELEASE

AMBD ALERT LIST HAS BEEN UPDATED

 

1.         Autoriti Monetari Brunei Darussalam (AMBD) would like to inform members of the public that the AMBD Alert List has been updated. 

2.       The AMBD Alert List is a list of individuals, companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by AMBD or whose activities raise a suspicion of illegal financial activity. This list is without prejudice to any further assessment by AMBD regarding the activities of the companies concerned. 

3.       AMBD would also like to inform the public the individuals, companies or entities that have been included in the Alert List for the month of March 2021 are as follow: 

  1. BBMA FMS Forex Class
  2. Benefit Access
  3. Billah Finance Organisation
  4. GCG Asia
  5. Global Star Pinjaman Wang Berlesen
  6. Loan Settlement (7264454)
  7. Pg Shah Loan BN (FB Profile)
  8. Rejeki BN / Dhi Protein (FB Profile – 8320568)
  9. Mati Lah Nak (FB Profile)
  10. Nasri (8980358) 

4.       To access the Alert List, as well as the list of persons and institutions licensed by AMBD, members of the public may visit here.

5.       AMBD would like to remind the public to not deal with any entities or individuals carrying out or offering unlicensed financial services or may be perceived as get-rich-quick schemes or pyramid schemes. Among the products and services that must be licensed by AMBD includes money changer, money remittance and money lenders. For any involvement in dealing with an unlicensed or unregulated company or individual, members of the public may not have the protection afforded under the regulatory framework administered by AMBD.

6.       AMBD remains committed to the financial stability of Brunei Darussalam and to safeguarding Brunei Darussalam's financial system and the interests of financial consumers. AMBD will also continue to actively monitor any suspicious or unlicensed financial activities in Brunei Darussalam. If the public have any information on unlicensed financial activities, please contact AMBD at 2380007 or email us at 

 

Autoriti Monetari Brunei Darussalam

Date:                 24 Syaaban 1442H / 7 April 2021M

Reference:        AMBD/COMMS/3

Download Malay version here

Download English version  here

Title 
Body 
1 - 20Next