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

APPOINTMENT OF SENIOR OFFICERS

AUTORITI MONETARI BRUNEI DARUSSALAM

 

By command of His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar 'Ali Saifuddien Sa'adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam, in accordance with Sections 13 and 14 of the Autoriti Monetari Brunei Darussalam (AMBD) Order 2010, it is hereby announced that His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam has consented to the appointments of the following officers, as follows:

  1. Yang Mulia Dayang Hajah Rokiah binti Haji Badar

    Senior Special Duties Officer also as Acting Director Human Resource Development and Corporate Affairs at the Ministry of Finance and Economy
    is appointed as Member of AMBD Board of Directors
    and Managing Director, AMBD;

     
  2. Yang Mulia Dayang Hajah Rashidah binti Haji Sabtu

    Assistant Managing Director (Regulatory and Supervision) and Acting Deputy Managing Director (Regulatory and Supervision)
    is appointed and confirmed as Deputy Managing Director (Regulatory and Supervision);
     
    and
     
  3. Yang Mulia Dayang Hajah Noorafidah binti Haji Sulaiman

    Senior Manager, Bandtree Sdn Bhd currently seconded to Perbadanan Tabung Amanah Islam Brunei (TAIB) as Acting Managing Director TAIB
    is appointed as  Deputy Managing Director AMBD (Monetary Operations / Development and International)

    The date of appointment of the said officers are effective from Saturday, 6 Safar 1441H  corresponding to 5 October 2019. 


  


PRESS RELEASE

UNLICENSED MONEYLENDERS

 

  1. Autoriti Monetari Brunei Darussalam (AMBD) has observed an increase in individuals actively targeting customers of financial institutions with existing loans, and offering to settle these loans in exchange for an excessive "service fee". These offers are made on social media platforms such as Facebook and Instagram, or through text messages.

  2. AMBD would like to remind the public that any persons carrying the business of a moneylender is required to be licensed under the Moneylenders Act, Cap.62. Currently, there are no persons that have been licensed under the Act. It is an offence under section 8 (1) Moneylenders Act to carry on the business of a moneylender without a license, and if found guilty an accused shall be liable on conviction to a fine and imprisonment for 18 months.

  3. Members of the public should be wary when dealing with persons who offer to settle existing loans, and be aware of the risks associated with these services or similar services. It may solve financial problems in the short term, but may result in greater financial losses in the long run.

  4. Members of the public that wish to obtain loans/financing are advised to approach licensed financial institutions such as banks and finance companies. If a consumer chooses to deal with persons that are not licensed and regulated by AMBD, he or she will not have the protection afforded under the regulatory framework administered by AMBD.

  5. Furthermore, AMBD, in collaboration with other relevant enforcement authorities, will continue to monitor any illegal financial activities including suspected unlicensed moneylenders. AMBD will not hesitate to take further action where appropriate. 

  6. The public may also obtain the list of persons/institutions licensed by AMBD through the AMBD App, which can be downloaded free of charge on both 'App Store' for iPhone users and 'Google Playstore' for Android users; or visit AMBD's website at

  7. 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 can also be found in the AMBD Alert List. This Alert List will be updated from time to time and can be found on our website.

  8. AMBD remains committed to the financial stability of Brunei Darussalam, and to safeguarding Brunei Darussalam's financial system and the interests of financial consumers. For further enquiries and information, members of the public may contact AMBD at 2388388 or email 


Autoriti Monetari Brunei Darussalam
Date:             8 Safar 1441H / 7 October 2019M
Reference:         AMBD/COMMS/3


Download Malay version here

Download English version here

  


MEDIA RELEASE
Phuket, Thailand - 2 October 2019

 

ASEAN Capital Markets Regulators Reiterate Strong Path towards Sustainable Capital Markets and Reaffirm Direction to Promote Sustainability, Connectivity and Resilience in the Regional Capital Markets

The 31st ASEAN Capital Markets Forum (ACMF) Meeting today in Phuket discussed the progress of ACMF initiatives on sustainability, connectivity and resilience. The initiative on developing a Roadmap for ASEAN Sustainable Capital Markets (Roadmap) was endorsed by the ASEAN Finance Ministers' and Central Bank Governors' Meeting (AFMGM) in April 2019. The Roadmap promotes a common vision and comprehensive direction towards an ecosystem for sustainable capital market development, as well as an ASEAN asset class for sustainable investment. The members agreed that the Roadmap should address key areas, such as ESG information/disclosure standards, analytical tools, and stakeholder awareness and engagement.

The ACMF also welcomed feedback from institutional investors during the meeting, through the ACMF Industry Consultative Panels, and gathered comments on and recommendations for the Roadmap. A representative from the United Nations Development Programme (UNDP) also shared insights on the Guiding Principles on Business and Human Rights (Principles). The Principles cover a key aspect of ESG responsibility/investment and echo the United Nations' Sustainable Development Goals (SDGs). The Roadmap, industry consultation and sharing on the Principles demonstrate the ACMF's commitment to advance the sustainability agenda in the regional capital markets. In addition, the ACMF also noted that in less than two years following the launch of the ASEAN Green Bond Standards in November 2017, and the ASEAN Social Bond Standards and ASEAN Sustainable Bond Standards in October 2018, there have been issuances of green and sustainable bonds totaling US$2.6 billion from the region carrying the ASEAN Green or Sustainable Bond labels.

The issuances, which originated from Malaysia, the Philippines, Singapore and Thailand to fund green buildings, renewable energy and other sustainable projects, demonstrate the growing interest in sustainable finance by issuers and intermediaries throughout the region to finance development projects.  This encouraging progress is a validation of the ACMF's efforts to promote the sustainable finance agenda in the broader capital market through the Roadmap for ASEAN Sustainable Capital Markets.

On connectivity, the ACMF implemented the Professional Mobility Initiative to facilitate cross-border publication of research reports. The objective of this framework is to promote wider investor participation in the ASEAN capital markets through better flow of information on ASEAN capital market products, including bonds, collective investment schemes, sukuk and securities listed in ASEAN. The current signatories comprise Malaysia, the Philippines, Singapore and Thailand.

The ACMF agreed in March 2019 to establish a Digital Asset Oversight Network (Network) to promote information sharing amongst regulators in light of the rapid development of digital assets in the capital markets sphere. The ACMF has started working together by sharing practices on investor education and educational materials. In the longer term, the Network expects to share alert lists and scams, as well as updates on digital asset regulatory regimes and developments among the ACMF members.

The ACMF made further progress in driving cross-border offerings of funds within the region by completing the assessment on the Philippines' regulatory regime for joining the ASEAN Collective Investment Scheme (ASEAN CIS) framework.

The meeting was also updated on the current ASEAN CG Scorecard assessment. The participating countries have been undertaking the domestic assessments and peer reviews. The assessment result is planned to be officially announced by the first half of 2020.

In respect to joint initiatives between the ACMF and Working Committee on Capital Market Development (WC-CMD) on infrastructure financing, the meeting agreed to take forward discussions on a common taxonomy on infrastructure company classification and principles for standardisation of project finance loan documents.  

The Securities and Exchange Commission, Thailand, handed over the ACMF Chairmanship to the State Securities Commission of Vietnam for the year 2020, with Autoriti Monetari Brunei Darussalam as Vice-Chair.

The ACMF members reaffirmed their commitment to deepen connectivity amongst ASEAN capital markets and to further promote ASEAN asset classes.

 

-END-


Note-to-Editors:

About the ACMF

The ACMF is a high-level grouping of capital market regulators from all 10 ASEAN jurisdictions, namely Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam. The ACMF is currently chaired by the Securities and Exchange Commission, Thailand.

More information on the ACMF and its initiatives can be found at the ACMF website at www.theacmf.org.


For media queries, please contact:

Securities and Exchange Commission, Thailand

  1. Ms. Julawadee Worasakyothin
    Director of Strategy and International Affairs Department
    Email:  julawade@sec.or.th
    Mobile: + 66-2263-6202

  2. Ms. Jittikarn Wongkampoo
    Assistant Director of Strategy and International Affairs Department
    Email: jittikar@sec.or.th
    Mobile: + 66-2033-9671

Download here

  


PRESS RELEASE

WARNING ON UNREGULATED ENTITY "LITEFINANCE BRUNEI"

 

  1. It has come to Autoriti Monetari Brunei Darussalam (AMBD)'s attention that an event "Seminar Dagangan Forex Eksklusif Brunei 2019" or "Exclusive Seminar on Forex Business, Brunei 2019" is being organised by LiteFinance Brunei. With this, AMBD would like to inform the members of the public that LiteFinance Brunei and its related entities are not licensed in Brunei Darussalam to provide financial services.

  2. AMBD would like to remind the public to be careful when participating in any schemes or financial transactions. It is important to check the legitimacy of such individuals or entities as well as be aware of the inherent risks associated before agreeing into any financial transactions. If the entity is based outside of Brunei Darussalam, please check with the overseas authority if it is regulated. 

  3. AMBD would also like to advise the public to deal only with persons that are regulated by AMBD. Members of the public who choose to deal with unlicensed and unregulated persons offering financial services or products may not have the protection afforded under the regulatory framework administered by AMBD. AMBD's regulatory framework aims to safeguard the interests of investors by ensuring that only competent and qualified persons may provide financial services.

  4. The list of persons and institutions licensed by AMBD may be obtained through the AMBD App and the AMBD Alert List, which both can be downloaded free of charge on both 'App Store' for iPhone users and 'Google Playstore' for Android users; or visit AMBD's website at 

  5. 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 2388388 or email us at .

 

 

Autoriti Monetari Brunei Darussalam

Date:                     5 Safar 1441H / 4 October 2019M

Reference:         AMBD/COMMS/3


Download Malay version here

Download English versionhere

  


Autoriti Monetari Brunei Darussalam (AMBD) is pleased to invite suitably qualified applicants to apply for the following position:

General requirements:

  • Must be citizens of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam;
  • Strong communication and interpersonal skills;
  • Fluent in oral and written Malay and English and must be IT literate; and
  • Possess a driving licence of Class 3.

1. SURVEY INTERVIEWER (PART-TIME) – 15 PERSONS

MAIN RESPONSIBILITIES:

  • To carry out survey interviews on selected businesses from a range of sectors within Brunei Darussalam on a monthly basis, or when required;
  • To do data entry for the information gathered from the interviews into an electronic format; and
  • To perform other duties as may be assigned from time to time.

MINIMUM REQUIREMENTS:

  • Possess a good Higher National Diploma qualification or equivalent from institutions accredited by the Ministry of Education, Brunei Darussalam;
  • Possess good interpersonal and communication skills in both English and Malay;
  • Possess own transport and a valid driving licence; and
  • Prior relevant work experience may be an added advantage.

Interested applicants are to submit their applications online through the Online Job Application Form (no physical submissions nor email submissions will be entertained) with the following items:- 1) Completed application form; 2) Applicant's full resume; 3) A recent passport-sized photograph; 4) A copy of applicant's I.C. and driving licence; and 5) Copies of relevant academic certificates.

Applications should be received by AMBD not later than 12.00 noon on Tuesday, 15th October 2019.


For further information on the main responsibilities and minimum requirements, please visit the AMBD website at For any enquiries, please contact AMBD  at  


ONLY SHORTLISTED CANDIDATES WILL BE NOTIFIED




  


PRESS RELEASE
 GUIDELINES ON PRODUCT TRANSPARENCY AND DISCLOSURE (PTAD) FOR

ISLAMIC BANKS, BANKS AND FINANCE COMPANIES
TAKAFUL OPERATORS AND INSURANCE COMPANIES

 

  1. Autoriti Monetari Brunei Darussalam (AMBD) has issued Guidelines on Product Transparency and Disclosure to financial institutions specifically for Islamic banks, banks, finance companies, takaful operators and insurance companies on Thursday, 5th Muharram 1441 corresponding to 5th September 2019. 

  2. Effective 1st January 2020, financial institutions are required to have a consistent and comprehensive product disclosure regime pertaining to the products and services that they offer. 

  3. Among the objectives of the Guidelines include:
    • To promote customers' awareness and understanding of products and services offered;
    • To facilitate consistency of disclosure of essential information on products and services, so as to enable comparison;
    • To avoid selling malpractices of products and services; and
    • To ensure that products and services sold are appropriate to the needs and resources of the customer. 

  4. A product disclosure sheet containing key information – including but not limited to product features, benefits and risks, fees and charges, and contractual rights and obligations – should also be provided to customers to facilitate them in making comparisons between products offered by different financial institutions. It is hoped that the information can enable their customers to make informed decisions.

  5. For any inquiries or further information, members of the public may contact AMBD at 2388388, or email

 

Autoriti Monetari Brunei Darussalam

Date: 18 Muharram 1441H / 18 September 2019M
Ref: AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE

BRUNEI DARUSSALAM'S RESIDENTIAL PROPERTY PRICE INDEX (RPPI)

FOR QUARTER 2, 2019 (Q2 2019)

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) today published Brunei Darussalam's Residential Property Price Index (RPPI) for the second quarter of 2019. The index is compiled using data sourced from 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 Q2 2019, the RPPI was at 89.2, a decrease of 1.6% year-on-year compared to Q2 2018 and a decrease of 2.5% quarter-on-quarter compared to Q1 2019.

RPPI Q2 2019 Img 01.PNG

RPPI Q2 2019 Img 02.PNG

3.       Based on mortgage data obtained from banks, there were 122 transactions for residential properties in Q2 2019. The majority of these transactions were for detached houses (49.2%), followed by terrace houses (24.6%), semi-detached houses (19.7%), apartments (4.9%) and land (1.6%).
 4.       The median purchase price for all residential properties was BND260,000 in Q2 2019. The median purchase prices for specific types of properties were BND286,000 for detached houses, BND268,000 for semi-detached houses, BND198,000 for terrace houses, BND326,000 for apartments, and BND125,000 for land. The overall median purchase price of residential properties in Q2 2019 was the same as Q2 2018 but showed an increase of 6.1% quarter-on-quarter compared to Q1 2019.

5.       The published statistics and index should be treated as general information only and one should not rely solely upon these data to draw specific conclusions on a particular 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 statistics which can be obtained from the AMBD website at www.ambd.gov.bn and follow updates on RPPI through AMBD's Instagram account @autoriti_monetari.

  

Autoriti Monetari Brunei Darussalam

Date:             17 Muharram 1441 /17 September 2019
Ref:                 AMBD/COMMS/3

Download Malay version here

Download Englsih version here

  


PRESS RELEASE


THE SECURED TRANSACTIONS WORKSHOP:  BANKING ON YOUR BUSINESS ASSETS

Monday, 16 Muharram 1441 corresponding to 16 September 2019

Design & Technology (D&T) Building, Bandar Seri Begawan

&

Tuesday, 17 Muharram 1441 corresponding to 17 September 2019

Pusat Insani, Seria, Belait

 

  1. Autoriti Monetari Brunei Darussalam (AMBD) held two separate sessions of The Secured Transactions Workshop: Banking on Your Business Assets, on Monday, 16 Muharram 1441 corresponding to 16 September 2019, in The Design and Technology Building, Bandar Seri Begawan, and on Tuesday, 17 Muharram 1441 corresponding to 17 September 2019, in Pusat Insani, Seria.

  2. The half-day workshops, carrying the title of "Banking on Your Business Assets", were tailored specifically for the local business community, particularly the Small and Medium-sized Enterprises (SMEs).  Renowned international experts in the field of asset-based lending and commercial lending were brought in to share success stories and lessons learnt in implementing similar reforms in other jurisdictions, and to share the most relevant financing alternatives enabled by the Secured Transactions Order, 2016.  At the same time, the workshop also discussed the financing needs of SMEs involved in different sectors of the economy so that financial institutions and other industry players can collaboratively develop modern financing products that will be beneficial to all.

  3. Over 115 participants, representing different business industries across the economy ranging from food & beverage, construction, oil & gas sectors, attended the sessions.

  4. At the workshop, the participants learnt about financing alternatives that they could utilize to optimize their trade activities and also improve their business cash flow. One of the financing instruments is called Factoring, which allows a business to sell its invoices, or receivables, at a discounted rate, to a third-party financial company known as a "factor." The factor then collects payment on those invoices from the business' customers.  The main reason for a business to choose factoring is that they want to receive cash quickly on their receivables, rather than waiting for the typical 30 to 60 days to receive payment from their customer. 

  5. Another financial instrument introduced at the workshop is Supply Chain Finance, which is a set of technology-based businesses and financing processes that link buyers, sellers, and financing institutions in a transaction, to lower financing costs and improve business efficiency. Supply chain finance provides short-term credit that optimizes working capital for both the buyer and the seller.

  6. The workshop is part of a series of capacity building for various stakeholders, held by AMBD as the champion group of Ease of Doing Business – the Getting Credit Indicator. In line with this, AMBD has made several initiatives over the recent years to facilitate easier access to credit by strengthening the legal and the institutional framework towards a more conducive business environment in Brunei Darussalam.  One of the initiatives was the modernization of the secured transactions regime, where in 2016, the Secured Transactions Order and the accompanying regulations were set into force and the Collateral Registry was established under AMBD.

  7. To this purpose, Brunei Darussalam is now ranked number one, joint with New Zealand, for the Ease of Doing Business – the Getting Credit Indicator.


Autoriti Monetari Brunei Darussalam

Date: 17 Muharram 1441 / 17 September 2019

Reference: AMBD/COMMS/3


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 that Jumaat Bnd Sdn/Trust Loan Company/Ocean Company/Amaanah Loan has been included in the Alert List for the month of August 2019.

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

  5. 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:                     12 Muharram 1441H /      12 September 2019M

Reference:           AMBD/COMMS/3


Download Malay version Siaran Akhbar Alert List
Download English version Press Release Alert List


  


PRESS RELEASE

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

 

Bandar Seri Begawan, Brunei Darussalam (September 2019) - 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 173rd issuance of short-term Sukuk Al-Ijarah securities.

The total of the sukuk issuance was BND34.1 million with the following details:

SeriesIssuance DateMaturity DateTenorRental Rate
1735 September 20193 September 2020364 Days1.6250%

 

With this issuance, the Brunei Government has thus far issued over BND13.08 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 5th September 2019 stood at BND 341.1 million.


Download PDF here Successful Issuances of Brunei Darussalam Government Short-Term Sukuk Al-Ijarah Securities 173 Series


  


PRESS RELEASE


 COMMEMORATIVE POLYMER NOTES BND 1 "2-IN-1 UNCUT SHEETS" IN CONJUNCTION WITH 

HIS MAJESTY SULTAN HAJI HASSANAL BOLKIAH MU'IZZADDIN WADDAULAH,

SULTAN AND YANG DI-PERTUAN OF BRUNEI DARUSSALAM'S 73rd BIRTHDAY

 

1.       In conjunction with His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar 'Ali Saifuddien Sa'adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam's 73rd Birthday this year, Autoriti Monetari Brunei Darussalam (AMBD) announces the issuance of commemorative BND 1 polymer notes "2-in-1 Uncut Sheets". The 2-in-1 Uncut commemorative notes will be a legal tender of Brunei Darussalam. The description is as follows:-

 

2.       These commemorative notes will be available for sale to the public from Thursday, 21 Zulhijjah 1440 corresponding to 22 August 2019 until Friday, 22 Zulhijjah 1440 corresponding to 23 August 2019 at the following venue and times:

Venue:

Theatre Hall
Ministry of Finance and Economy Building
Commonwealth Drive
Bandar Seri Begawan BB3910
Negara Brunei Darussalam

Opening times:

 

3.       The commemorative notes are in limited amount and only 1 commemorative note is allowed for purchase per customer. For members of the public who are interested to purchase the product, AMBD seeks cooperation to bring along your identification card (i.c) and payment is by cash term only.
 
Autoriti Monetari Brunei Darussalam

Ref:                        AMBD/COMMS/3
Date:                    19 Zulhijjah 1440 / 20 August 2019

Download Malay version AMBD Siaran Akhbar - BND1 2-in-1 Uncut Sheets

Download English version AMBD Press Release - BND1 2-in-1 Uncut Sheets

  


PRESS RELEASE

DAY 2 OF THE 4th FINANCIAL FUN FAIR

IN CONJUNCTION WITH NATIONAL SAVINGS DAY 2019

JERUDONG PARK COLONNADE

SUNDAY, 17 ZULHIJJAH 1440 CORRESPONDING TO 18 AUGUST 2019


1.          Autoriti Monetari Brunei Darussalam (AMBD), in collaboration with Tabung Amanah Perkerja (TAP), Ministry of Finance and Economy (MOFE), Junior Achievement (JA) Brunei, as well as other participating financial institutions, held the second day of the 4th Financial Fun Fair at the Jerudong Park Colonnade on Sunday, 17 Zulhijjah 1440 corresponding to 18 August 2019.  

2.          The event carried the theme "Fusion of Green and Technology" which aims to highlight the importance of being eco-friendly, and that the use of technology can assist in implementing this act when making daily financial transactions and decisions.

3.          A number of financial-related activities were run during the event with the aim of increasing the public's financial literacy. This included the Financial Race, where participants' fitness and financial literacy was tested, as they race through the Jerudong Park Playground, whilst deciphering clues and answering financial-related questions for a chance to win the challenge. The event also saw the prize presentation ceremony for the Financial Race, as well as other events ran in conjunction with National Savings Day 2019, including the QR Code Competition and Financial Bootcamp.

4.          In first place for the Financial Race was Team Chill2 with team members Ming Rui Chong and Sin Yi Lim. As for the QR Code Competition, the competition was won by Nafri Manaf, with his QR Code design being used to access the clues during the Financial Race. The Financial Bootcamp, which is a 3-day programme for students from local universities and higher education institutions to develop creative ideas on the innovation of financial products, was won by Team GGC with team members Muhammad Syazwan bin Sarifudin, Ahmad Hamizan bin Hj Shahri, and Awang Muhammad Afiq Rafieuddin bin Hj Burhanuddin.

5.          The event also saw performances by the Royal Brunei Police Force (RBPF) and the Royal Brunei Armed Force (RBAF). 

6.          AMBD would like to take this opportunity to extend its appreciation to all the stakeholders involved as well as participants of the competitions, including members of the public, for their participation in the National Savings Day 2019 and the associated events.

 

Autoriti Monetari Brunei Darussalam

Date:         17 Zulhijjah 1440 / 18 August 2019
Ref:            AMBD/COMMS/3

Download Malay version here

Download  English version here

  


PRESS RELEASE

4th FINANCIAL FUN FAIR

IN CONJUNCTION WITH NATIONAL SAVINGS DAY 2019

JERUDONG PARK COLONNADE

SATURDAY, 16 ZULHIJJAH 1440 CORRESPONDING TO 17 AUGUST 2019

 

  1. Autoriti Monetari Brunei Darussalam (AMBD), in collaboration with Tabung Amanah Perkerja (TAP), Ministry of Finance and Economy (MOFE), Junior Achievement (JA) Brunei, and other participating financial institutions, held the first day of the 4th Financial Fun Fair in conjunction with National Savings Day 2019 at the Jerudong Park Colonnade on Saturday, 16 Zulhijjah 1440 corresponding to 17 August 2019.
     
  2. The Guest of Honour, Yang Berhormat Pehin Orang Kaya Seri Kerna Dato Seri Setia (Dr.) Haji Awang Abu Bakar bin Haji Apong, Minister of Home Affairs as the Deputy Chairman of AMBD's Board of Directors, officiated the opening ceremony of the event. Also present were Yang Berhormat Dato Seri Setia Haji Awang Abdul Mokti bin Haji Mohd Daud, Minister at the Prime Minister's Office; 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 Berhormat Dato Seri Setia Awang Haji Hamzah bin Haji Sulaiman, Minister of Education; other members of AMBD Board of Directors, the Commander of the Royal Brunei Armed Forces (RBAF), Permanent Secretaries, Deputy Permanent Secretaries, Senior Government and AMBD Officers, and Chief Executive Officers and Managing Directors of local financial institutions; as well as AMBD officers and staff.
     
  3. Carrying the theme "Fusion of Green and Technology," the objective of the Financial Fun Fair is to emphasise the importance of being environmentally-friendly and, subsequently, for the public to realise that this concept can also be extended to daily financial transactions and decisions, which may include the utilising of technology.
     
  4. Institutions participating in the event include the Centre for Islamic Banking, Finance and Mangement (CIBFM), Perbadanan Tabung Amanah Islam Brunei (TAIB), BIBD, Brunei Association of Banks (BAB), Baiduri Bank, Standard Chartered Bank, Bank Islam Brunei Darussalam Securities (BIBDS), Insurans Islam TAIB (IIT), Takaful Brunei Keluarga (TBK) and Great Eastern Life Assurance.
     
  5. The event offers a variety of fun-packed, interactive activities including the Financial Race and other financial-related activities by the participating institutions. Additionally, the event features performances by the Royal Brunei Police Force (RBPF) and the Royal Brunei Armed Forces (RBAF). The Financial Fun Fair will continue on Sunday, 18 August 2019. Tickets to the Financial Fun Fair can be purchased from the AMBD Ticketing Booth, at Jerudong Park Playground, on Saturday, 18 August 2019 from 9am to 3pm.
     
  6. For additional information on National Savings Day 2019, members of the public can visit AMBD website at https://www.ambd.gov.bn/nsd2019; download the AMBD App via the App Store or Google PlayStore; or follow AMBD on Instagram at @autoriti_monetari.

    Autoriti Monetari Brunei Darussalam

    Date:         16 Zulhijjah 1440 / 17 August 2019
    Ref:            AMBD/COMMS/3

Download Malay version here

Dowload 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 that the following companies or individuals have been included in the Alert List for month of July 2019:

  • Kuziemi Foodmarket; and
  • VBData.
4.            Members of the public may visit AMBD's website to access the Alert List, as well as the list of persons and institutions licensed by AMBD here.

5.            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:                     14 Zulhijjah 1440H /          15 August 2019M

Reference:           AMBD/COMMS/3

Download Malay version Siaran Akhbar Alert List
Download English version Press Release Alert List


  


PRESS RELEASE

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


Bandar Seri Begawan, Brunei Darussalam (Aug 2019) - 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 172nd issuance of short-term Sukuk Al-Ijarah securities.

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

SeriesIssuance DateMaturity DateTenorRental Rate
172
08 August 201907 November 2019
91 Days1.3750 %

 

With this issuance, the Brunei Government has thus far issued over BND13.08 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 08th Aug 2019 stood at BND 322.0 million.

Download PDF here Successful Issuances of Brunei Darussalam Government Short-Term Sukuk Al-Ijarah Securities 172nd Series

  


PRESS RELEASE

FINANCIAL AWARENESS ROADSHOW

IN CONJUNCTION WITH NATIONAL SAVINGS DAY 2019

Universiti Brunei Darussalam

MONDAY, 3 ZULHIJJAH 1440H CORRESPONDING TO 5 AUGUST 2019

 

  1. Autoriti Monetari Brunei Darussalam (AMBD), in collaboration with Tabung Amanah Pekerja (TAP), Ministry of Finance and Economy (MOFE), Ministry of Education (MOE), Junior Achievement (JA) Brunei, and several financial institutions held the fifth and final day of Financial Awareness Roadshow of the National Savings Day 2019 at the Universiti Brunei Darussalam (UBD) on Monday, 3rd Zulhijjah 1440H corresponding to 5th August 2019.
     
  2. Guests of Honour of the event were Yang Berhormat Dayang Siti Rozaimeriyanty binti Dato Seri Laila Jasa  Awang Haji Abdul Rahman, Member of the Legislative Council, and Yang Berhormat Awang Haji Abdul Wahab bin Apong, Member of the Legislative Council and Penghulu of Mukim Tanjung Maya. Also present was Yang Mulia Dayang Hajah Rubiah binti Haji Yacub, Assistant Vice-Chancellor, Corporate and Administration, UBD as well as senior officers and management from AMBD, TAP and UBD.
     
  3. The Financial Awareness Roadshow aims to equip university students with financial management skills before embarking into the workforce and to foster an overall healthy financial lifestyle.
     
  4. Approximately 550 students from local universities and higher education institutions participated in interactive financial-related games and activities which introduced financial management concepts including savings, investments, takaful and insurance and retirement planning to name a few. These activities were organised by AMBD, Tabung Amanah Pekerja (TAP), Department of Economic Planning and Development (JPKE), Centre for Islamic Banking, Finance and Management (CIBFM), Financial Planning Association of Brunei Darussalam (FPAB), Junior Achievement (JA) Brunei as well as financial institutions.
     
  5. The next event in line to celebrate National Savings Day 2019 is the 4th Financial Fun Fair –a 2 day fun-filled event. The event will be held at the Jerudong Park Colonnade on Saturday, 17th August 2019 and Sunday, 18th August 2019. Various family fun-packed programs and interactive activities will be run during the event.
     
  6. For additional information on National Savings Day 2019, members of the public can visit the AMBD website at www.ambd.gov.bn, download the AMBD App via the App Store or Google PlayStore, or follow AMBD on Instagram at @autoriti_monetari.
     

    Autoriti Monetari Brunei Darussalam

    Date:                     3 Zulhijjah 1440/ 5 August 2019
    Ref:                        AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE

FINANCIAL AWARENESS ROADSHOW

IN CONJUNCTION WITH NATIONAL SAVINGS DAY 2019

Universiti Teknologi Brunei

THURSDAY, 28 ZULKAEDAH 1440H CORRESPONDING TO 1 AUGUST 2019M

 

  1. Autoriti Monetari Brunei Darussalam (AMBD), in collaboration Tabung Amanah Pekerja (TAP), Ministry of Finance and Economy (MOFE), Ministry of Education (MOE), Junior Achievement (JA) Brunei, and several financial institutions held the fourth Financial Awareness Roadshow in conjunction with National Savings Day 2019 at Universiti Teknologi Brunei (UTB) on Thursday, 28th Zulkaedah 1440H corresponding to 1st August 2019M.
     
  2. The Guest of Honour of the event was Yang Berhormat Awang Iswandy bin Ahmad, Member of the Legislative Council. Also in attendance were Yang Mulia Awang Haji Ady Syarmin bin Haji Md. Taib, Acting Vice Chancellor of UTB as well as senior officers from AMBD and UTB.
     
  3. The Financial Awareness Roadshow also aims to equip university students with financial management skills before embarking into the workforce and also to assist in fostering an overall healthy financial lifestyle.
     
  4. Over 100 students from Universiti Teknologi Brunei (UTB) participated in interactive financial-related games and activities organized by AMBD, Tabung Amanah Pekerja (TAP), Department of Economic Planning and Development (JPKE), Centre for Islamic Banking, Finance and Management (CIBFM), Financial Planning Association of Brunei Darussalam (FPAB), Junior Achievement (JA) Brunei as well as participating financial institutions.
     
  5. The next, and final, Financial Awareness Roadshow will be held at Universiti Brunei Darussalam (UBD) on Monday, 5th August 2019.
     
  6. AMBD will also be hosting its annual Financial Fun Fair, which is the highlight of the National Savings Day 2019. The Financial Fun Fair will be held on Saturday, 17th August 2019 and Sunday, 18th August 2019 at the Jerudong Park Colonnade. The event will feature various family fun-packed programs and interactive activities, including a special performance by Royal Brunei Police Forces, the "Financial Race" and the "Eco-Tech Financial Costume Competition".
     
  7. For more information on National Savings Day 2019, members of the public can visit the AMBD website www.ambd.gov.bn; download the AMBD App via the App Store or Google PlayStore; or follow AMBD on Instagram at @autoriti_monetari.

    Autoriti Monetari Brunei Darussalam

    Date:                     28 Zulkaedah 1440/ 1 August 2019
    Ref:                        AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE

FINANCIAL AWARENESS ROADSHOW

IN CONJUNCTION WITH NATIONAL SAVINGS DAY 2019

Kolej International Graduate Studies

WEDNESDAY, 27 ZULKAEDAH 1440H CORRESPONDING TO 31 JULY 2019

 

  1. Autoriti Monetari Brunei Darussalam (AMBD) in collaboration with the Department of Economic Planning and Economy (JPKE) and Tabung Amanah Pekerja (TAP) under the Ministry of Finance and Economy (MOFE), Ministry of Education (MOE), Junior Achievement (JA) Brunei, and several financial institutions held the third Financial Awareness Roadshow in conjunction with National Savings Day 2019 at Kolej International Graduate Studies (KIGS) on Wednesday, 27th Zulkaedah 1440H corresponding to 31st July 2019M.
     
  2. The Guests of Honour for the event were Yang Berhormat Awang Ong Tiong Oh, Member of the Legislative Council and Yang Berhormat Pengiran Haji Mohamed bin Pengiran Haji Osman, Ketua Kampong Masjid Lama, Pekan Muara, Sabun dan Pelumpong who is also a member of the Legislative Council. Also present during the event were senior officers from AMBD and TAP as well as the senior management of KIGS.   
     
  3. The Financial Awareness Roadshow also aims to equip university students with financial management skills before embarking into the workforce and aims to foster an overall healthy financial lifestyle.
     
  4. More than 100 students from KIGS and Cosmopolitan College of Commerce and Technology (CCCT) participated in interactive financial-related games and activities organized by AMBD, Department of Economic Planning and Development (JPKE), Tabung Amanah Pekerja (TAP), Centre for Islamic Banking, Finance and Management (CIBFM), Financial Planning Association of Brunei Darussalam (FPAB), Junior Achievement (JA) Brunei, as well as participating financial institutions.
     
  5. The next Financial Awareness Roadshow will be held at Universiti Teknologi Brunei (UTB) on Thursday, 1st August 2019.
     
  6. Additionally, in conjunction with National Savings Day 2019, AMBD will also be hosting its annual Financial Fun Fair at the Jerudong Park Colonnade on Saturday, 17th August 2019 and Sunday, 18th August 2019. The event will feature family fun-packed programs and activities, including a special performance by the Royal Brunei Police Forces, the "Financial Race" and the "Eco-Tech Financial Costume Competition".
     
  7. To find out more about National Savings Day 2019, members of the public can visit AMBD website at www.ambd.gov.bn; download the AMBD App via the App Store or Google PlayStore; or follow AMBD on Instagram at @autoriti_monetari.

    Autoriti Monetari Brunei Darussalam

    Ref:                        AMBD/COMMS/3
    Date:                     27 Zulkaedah 1440/ 31 July 2019

Download Malay version here

Download English version here

  


PRESS RELEASE

FINANCIAL AWARENESS ROADSHOW

IN CONJUNCTION WITH NATIONAL SAVINGS DAY 2019

laksamana College of Business

TUESDAY, 26 ZULKAEDAH 1440H CORRESPONDING TO 30 JULY 2019M

 

  1. Autoriti Monetari Brunei Darussalam (AMBD), in collaboration with the Ministry of Finance and Economy (MOFE) through the Department of Department of Economic Planning and Development (JPKE) and Tabung Amanah Pekerja (TAP), Ministry of Education (MOE), Junior Achievement (JA) Brunei, as well as several financial institutions, held the second Financial Awareness Roadshow in conjunction with National Savings Day 2019 at the Laksamana College of Business (LCB) on Tuesday, 26th Zulkaedah 1440H corresponding to 30th July 2019M.
     
  2. Present at the event were Yang Mulia Dato Seri Setia Awang Haji Metussin bin Haji Baki, Acting Managing Director, AMBD and senior officers from AMBD.   
     
  3. The Financial Awareness Roadshow in conjunction with National Savings Day was first held in 2016. These roadshows aim to promote the importance of financial planning and savings, and to cultivate financial independence amongst youths across all ages. This is a part of AMBD's initiative to develop a financially literate generation, as well as to realise Wawasan Brunei 2035's objective in achieving a dynamic and sustainable economy with a highly-skilled population.
     
  4. Students from LCB and Kemuda Institute (KI) participated in interactive financial-related games and activities organised by AMBD, the Department of Economic Planning and Development (JPKE), Tabung Amanah Pekerja (TAP), Centre for Islamic Banking, Finance and Management (CIBFM), Financial Planning Association of Brunei Darussalam (FPAB), Junior Achievement (JA) Brunei as well as the present financial institutions.
     
  5. The next Financial Awareness Roadshow will be held Kolej International Graduates Studies (KIGS) on Wednesday, 31st July 2019.
     
  6. As with previous National Savings Day celebrations, AMBD will be hosting the annual Financial Fun Fair at the Jerudong Park Colonnade on Saturday, 17th August 2019 and Sunday, 18th August 2019. The event will feature a host of family fun-packed programs and interactive activities, including a special performance by Royal Brunei Police Forces, the "Financial Race" and the "Eco-Tech Financial Costume Competition".
     
  7. For additional information on National Savings Day 2019, members of the public can visit AMBD website at www.ambd.gov.bn; download the AMBD App via the App Store or Google PlayStore; or follow AMBD on Instagram at @autoriti_monetari.

     Autoriti Monetari Brunei Darussalam

    Date:                     26 Zulkaedah 1440/ 30 July 2019
    Ref:                        AMBD/COMMS/3
Download Malay version here
Download English version here
  


PRESS RELEASE

FINANCIAL AWARENESS ROADSHOW

IN CONJUNCTION WITH NATIONAL SAVINGS DAY 2019

UNIVERSITI SULTAN SHARIF ALI

MONDAY, 25 ZULKAEDAH 1440H CORRESPONDING TO 29 JULY 2019

 

  1. Autoriti Monetari Brunei Darussalam (AMBD), in collaboration with the Ministry of Finance and Economy (MOFE), Ministry of Education (MOE),  Junior Achievement (JA) Brunei and several financial institutions held the first Financial Awareness Roadshow in conjunction with National Savings Day 2019 at Universiti Islam Sultan Sharif Ali (UNISSA) on Monday, 25th Zulkaedah 1440H corresponding to 29th July 2019M.
     
  2. The Guests of Honour for the event were Yang Berhormat Haji Abdul Hamid @ Haji Sabli bin Haji Arshad, Member of the Legislative Council, and Yang Berhormat Pengiran Haji Ali bin Pengiran Maon, Penghulu Berakas 'B'. Also in attendance during the event were senior officers from AMBD, MOFE, and MOE.
     
  3. The Financial Awareness Roadshow aims to promote the importance of savings and cultivate financial independence amongst youths, as part of AMBD's initiative to develop a financially literate generation, in line with Wawasan Brunei 2035's objective of achieving a dynamic and sustainable economy with a highly-skilled population.
     
  4. The first Financial Awareness Roadshow in conjunction with National Savings Day was ran in 2016 with an outreach focused on primary school students, then to secondary school students in 2017, and to sixth form students as well as higher education institutions just last year. This year, the Financial Awareness Roadshow is targeted for university students. It is hoped that these roadshows will equip them with the relevant financial management skills before they embark into the labour market, and assist in fostering a healthy financial lifestyle.
     
  5. The Financial Awareness Roadshow received over 150 students from Universiti Islam Sultan Sharif Ali (UNISSA) and Kolej Universiti Perguruan Ugama Seri Begawan (KUPUSB). The students participated in interactive financial-related games and activities organized by AMBD, Department of Economic Planning and Development (JPKE), Tabung Amanah Pekerja (TAP), Centre for Islamic Banking, Finance and Management (CIBFM), Financial Planning Association of Brunei Darussalam (FPAB), Junior Achievement (JA) Brunei as well as participating financial institutions.
     
  6. The Financial Awareness Roadshows will be held at the Laksamana College of Business (LCB) on 30th July 2019, Kolej International Graduates Studies (KIGS) on 31st July 2019, Universiti Teknologi Brunei (UTB) on 1st August 2019, and Universiti Brunei Darussalam (UBD) on 5th August 2019.
     
  7. Additionally, in conjunction with National Savings Day 2019, AMBD will also be hosting the 4th Financial Fun Fair. The Financial Fun Fair will be held at the Jerudong Park Colonnade on Saturday, 17th August 2019 and Sunday 18th August 2019. This event will feature a host of family fun-packed programs and interactive activities, including special performances by the Royal Brunei Police Forces, the "Financial Race" and the "Eco-Tech Financial Costume Competition".
     
  8. For more information on National Savings Day 2019, members of the public can visit the AMBD website www.ambd.gov.bn; download the AMBD App via the App Store or Google PlayStore; or follow AMBD on Instagram at @autoriti_monetari.
     

    Autoriti Monetari Brunei Darussalam

    Date:         25 Zulkaedah 1440/ 29 July 2019
    Ref:            AMBD/COMMS/3

Download Malay version here
Download English version here
Title 
Body 
1 - 20Next