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

  


PRESS RELEASE
 
OPERATING HOURS FOR AUTORITI MONETARI BRUNEI DARUSSALAM
IN CONJUNCTION WITH SYAWAL 1441H/ 2020M PUBLIC HOLIDAYS

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) would like to inform the public of that in welcoming Syawal 1441H/ 2020M, the AMBD office will be closed from Monday, 25 May 2020M to Wednesday, 27 May 2020M and will reopen on Thursday, 28 May 2020M.
2.       The AMBD Real-Time Gross Settlement (RTGS) system, Automated Cheque Clearing House (ACH) system and Central Securities Depository (CSD) system will also be in operation from Thursday, 28 May 2020M under normal operating hours.

3.       AMBD would also like to inform the public regarding the operations for AMBD public counters and services after the Syawal 1441H/ 2020M public holidays as below:
Operating Hours For Autoriti Monetari Brunei Darussalam In Conjunction With Syawal 1441H-2020M and Public Holidays.PNG

4.       AMBD would like to apologise for the inconvenience caused and would like to wish all Selamat Hari Raya Aidilfitri.

 

Autoriti Monetari Brunei Darussalam

Date:                     Ramadhan 1441H /         May 2020M 
Reference:          AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE 
THE RESUMPTION OF CREDIT BUREAU CUSTOMER SERVICE COUNTER

 

1.      Autoriti Monetari Brunei Darussalam (AMBD) would like to inform the public that the Credit Bureau Customer Service counter, which provides the Self-Inquiry Report and Dispute Resolution service has resumed on Monday, 25 Ramadhan 1441 corresponding to 18 May 2020.

2.      To ensure the health and safety of the visiting customers as well as the officers and staff on duty, AMBD is taking additional precautionary measures in accordance to the relevant guidelines in relation to Covid-19 issued by the Ministry of Health (MOH), including requiring visitors to scan BruHealth's QR code and limiting the number of concurrent visitors on premise.

3.      The operating time for the Credit Bureau Customer Service Counter is as below:

PRESS-RELEASE-CB-Counter 2020.PNG

4.      For any enquiries, members of the public may contact Credit Bureau AMBD via email at Biro Kredit email.PNG or phone at 2233369 during office hours.

 

Autoriti Monetari Brunei Darussalam

Date:                    May 2020
Reference:          AMBD/COMMS/3

Download Malay version here

Download English version here

  


Please find the Malay document on Ministry of Finance and Economy's website here.
Please find the English document on Ministry of Finance and Economy's website here.


  


PRESS RELEASE

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


Bandar Seri Begawan, Brunei Darussalam (May 2020) - 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 181st issuance of Sukuk Al-Ijarah securities.

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

SeriesIssuance DateMaturity DateTenorRental Rate
181
7 May 20206 August 2020
91 Days0.3750 %

 

With this issuance, the Brunei Government has thus far issued over BND13.72 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 7th May 2020 stood at BND 353.6 million.


Download PDF here Successful Issuances of Brunei Darussalam Government Short-Term Sukuk Al-Ijarah Securities 181st Series

  


PRESS RELEASE

AMBD CARE PACKAGES FOR EIGHT SCHOOLS IN BRUNEI DARUSSALAM

Tuesday, 11 Ramadhan 1441 corresponding to 5 May 2020

 

1.                   Autoriti Monetari Brunei Darussalam (AMBD), as part of its corporate social responsibility initiatives, handed over AMBD Care Packages to several schools in Brunei Darussalam recently. 

2.                   AMBD Care Packages, consisting of printers, ink cartridges as well as printing papers, are contributions from AMBD officers and staff, in supporting the Ministry of Education's and schools' efforts to ensure continuity in the students' education during these uncertain times caused by the COVID19 pandemic outbreak, by conducting home-based learning via e-learning and home-pack learning.

3.                   A total of 16 packages were delivered to 8 primary and secondary schools across the four districts including Haji Mohd Jaafar Maun Primary School, Lambak Kiri Secondary School, Batang Mitus Primary School, Raja Isteri Pengiran Anak Saleha Secondary School, Kuala Belait Primary School, Pengiran Anak Puteri Hajah Rashidah Secondary School, Semabat Primary School and Labu Estate Primary School on Monday 10 Ramadhan 1441 corresponding to 4 May 2020 and Tuesday, 11 Ramadhan 1441 corresponding to 5 May 2020. 

4.                   The packages were handed over to the schools by  Yang Mulia Dayang Hajah Rokiah binti Haji Badar, AMBD Managing Director; Yang Mulia Dayang Hajah Rashidah binti Haji Sabtu, Deputy Managing Director (Regulatory and Supervision); Yang Mulia Dayang Hajah Noorrafidah binti Haji Sulaiman, Deputy Managing Director (Monetary Operations/ Development and International); Yang Mulia Awang Mardini bin Haji Eddie, Acting Assistant Managing Director (Monetary Operations); and Yang Mulia Dayang Hajah Sufinah binti Haji Sahat, Acting Assistant Managing Director (Corporate Services).

5.                   AMBD believes that education is the basis to building a strong human capital in Brunei Darussalam, which is the fifth pillar to the Brunei Darussalam Financial Sector Blueprint (2016-2025). AMBD has previously worked with schools to strengthen financial literacy and education in Brunei Darussalam through school roadshows and Financial Fun Fairs, and will continue its efforts to support the nation, particularly in this challenging time.

 

Autoriti Monetari Brunei Darussalam

Ref:                        AMBD/COMMS/3

Date:                     11 Ramadhan 1441 / 5 May 2020

Download Malay version here

Download English version here

  


PRESS RELEASE
 OPERATING HOURS FOR AUTORITI MONETARI BRUNEI DARUSSALAM
DURING THE MONTH OF RAMADHAN 1441H

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) would like to inform the public that, in welcoming the holy month of Ramadhan 1441H, it will be closed on Friday, 24th April 2020 and will resume operations on Monday, 27th April 2020. 


2.       AMBD's office hours, as well as the operating hours for the Real-Time Gross Settlement (RTGS) and Automated Cheque Clearing House (ACH) systems during Ramadhan 1441H are as follows:

         AMBD Ramadhan operating hours 2020.PNG

3.       AMBD would also like to inform the public regarding the continued temporary disruptions to its public counters and services as below:

AMBD Ramadhan operating hours 2020 img 02.PNG

4.       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:                     29 Syaaban 1441H/ 23 April 2020M
Reference:         AMBD/COMMS/3


Download Malay version AMBD Siaran Akhbar - Ramadhan 1441H Operating Hours

Download English version AMBD Press Release - Ramadhan 1441H Operating Hours

  


PRESS RELEASE

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


Bandar Seri Begawan, Brunei Darussalam (April 2020) - 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 180th issuance of Sukuk Al-Ijarah securities.

The total of the sukuk issuance was BND 96 million with the following details:

SeriesIssuance DateMaturity DateTenorRental Rate
180
9 April 20209 July 2020
91 Days0.8125 %

 

With this issuance, the Brunei Government has thus far issued over BND13.62 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 9th April 2020 stood at BND 304.6 million.


Download PDF here Successful Issuances of Brunei Darussalam Government Short-Term Sukuk Al-Ijarah Securities 180th Series

  


PRESS RELEASE

BRUNEI DARUSSALAM'S RESIDENTIAL PROPERTY PRICE INDEX (RPPI)

FOR QUARTER 4, 2019 (Q4 2019)

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) today published Brunei Darussalam's Residential Property Price Index (RPPI) for the fourth 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 Q4 2019, the RPPI was at 95.3, an increase of 9.8% year-on-year compared to Q4 2018 and a decrease of 0.2% quarter-on-quarter compared to Q3 2019. 

RPPI Q4 2019 - Img 01.PNG

RPPI Q4 2019 - Img 02.PNG

RPPI Q4 2019 - Img 03.PNG

3.       Based on mortgage data obtained from banks, there were 111 transactions for residential properties in Q4 2019. The majority of these transactions were for detached houses (45.05%), followed by semi-detached houses (24.32%), terrace houses (18.92%) and apartments (11.71%). There were no transactions for land in Q4 2019.

4.       The median purchase price for all residential properties was BND258,000 in Q4 2019. The median purchase prices for specific types of properties were BND285,000 for detached houses, BND271,000 for semi-detached houses, BND225,000 for terrace houses and BND223,000 for apartments. The overall median purchase price of residential properties in Q4 2019 was higher by 2.4% compared to Q4 2018 and slightly lower by 0.8% compared to Q3 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:             8 Syaaban 1441 /      2 April 2020

Ref:                AMBD/COMMS/3

Download Malay version here

Download English version here

Download: RPPI Technical Notes here 

  


The full text of the Minister of Finance and Economy press statement can be found 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 entities that have been included in the Alert List for the month of March 2020 are Hans Loan (FB Profile) and M.M.Yas Sdn Bhd.

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:                     3 Syaaban 1441H / 27 March 2020M

Reference:           AMBD/COMMS/3


Download Malay version here

Download English version here

  


PRESS RELEASE

AUTORITI MONETARI BRUNEI DARUSSALAM

POSTPONEMENT OF SURVEY INTERVIEWS WITH BUSINESSES FOR BUSINESS SENTIMENT INDEX


1.       Reference is made to Autoriti Monetari Brunei Darussalam (AMBD)'s previous statement titled "Autoriti Monetari Brunei Darussalam to conduct Survey Interviews with Businesses for Business Sentiment Index" issued on 9 Rejab 1441H / 4 March 2020M.

2.       In light of the developing situation on COVID-19 in Brunei Darussalam, AMBD would like to inform that survey interviews of selected businesses for the Business Sentiment Index (BSI) project will be postponed until further notice.
3.       For further information and enquiries regarding the BSI, as well as the survey, members of the public may contact AMBD by calling 2382262.


Autoriti Monetari Brunei Darussalam

Date:                     1 Syaaban 1441H / 26 March 2020M 
Reference:          AMBD/COMMS/3


Download Malay version here

Download English version here

  


PRESS STATEMENT 

BANKING SECTOR INTRODUCES INTERIM MEASURES

 

1.       In view of the ongoing COVID-19 pandemic, Autoriti Monetari Brunei Darussalam (AMBD), working closely together with the Ministry of Finance and Economy (MoFE), has been in close consultation with the financial industry and stakeholders to address the current impact of COVID-19 on the local businesses. Together with the Brunei Association of Banks (BAB), interim measures to alleviate the financial burden on specific sectors have been agreed.  

2.       In supporting the impacted sectors and minimizing disruption to economic activity, under the guidance of MoFE, AMBD and BAB recognize the important role of the banking industry and agreed on the following measures effective from 1st April 2020 for a period of six months:

PR Banking Sector introduces Interim.PNG

3.       In an effort to encourage social distancing and minimize visits to banks, online local interbank transfer fees and charges will also be waived for 6 months for all customers. The general public is encouraged to utilize existing digital payment platforms offered by the banks and other payment system providers.

4.       Banks have also been encouraged to review their lending rates in the prevailing environment.
5.       Every bank has its existing Corporate Social Responsibility (CSR) initiatives, and the banks are currently expanding these activities further. 

6.       With all the various stakeholders coming together, taking the whole of nation approach, it is expected that the private sector, with all these relief measures, to also play their part by retaining their existing workforce. 

7.       AMBD would like to assure the general public that the banking sector remains resilient, strong and well-capitalized. AMBD will continue to monitor the development and work together with the financial institutions, and implement additional measures as and when necessary. 

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

 

Autoriti Monetari Brunei Darussalam

Date:   24 Rejab 1441 / 19 March 2020

Reference:     AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE
AUTORITI MONETARI BRUNEI DARUSSALAM COUNTERS AND SERVICES

1.       Autoriti Monetari Brunei Darussalam (AMBD) would like to inform the public of temporary disruptions to our public counters effective immediately, until further notice.

2.       Please find below the details of our public counters and services.
Img 01.PNG

3.       For any other enquiries, the public may contact AMBD at 2388388 or email us at

4.       AMBD would like to apologise for any inconvenience caused.

 

Autoriti Monetari Brunei Darussalam

Date:                     22 Rejab 1441H/ 17 Mac 2020M
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 (March 2020) - 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 179th issuance of Sukuk Al-Ijarah securities.

The total of the sukuk issuance was BND 47.5 million with the following details:

SeriesIssuance DateMaturity DateTenorRental Rate
1795 March 20204 March 2021364 Days1.0625 %

 

With this issuance, the Brunei Government has thus far issued over BND13.52 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 March 2020 stood at BND 294.6 million.


Download PDF here Successful Issuances of Brunei Darussalam Government Short-Term Sukuk Al-Ijarah Securities 179th 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 the entities that have been included in the Alert List for the month of February 2020 are as below:

  1. AMillennium Holdings Sdn Bhd / Joint Venture (AMillennium Hotels) / Joint Venture (Automotive Solutions);
  2. Andy Ong (Facebook Profile);
  3. Astro Maybank (Facebook Profile);
  4. Bluebirdbn.Home (IG Profile);
  5. Brunei Crypto;
  6. Crypto Mania Club (CMC) Brunei;
  7. LiteFinance Brunei;
  8. Lynn Dyana (Facebook Profile);
  9. Nurul Nooralifah (7146977)
  10. T.A.G Marketing / Triple A Group Marketing / International Consumer Entrepreneurship (I.C.E) / T.A.G Mart
  11. Zuan Zymah (Facebook Profile)
  12. 8124773

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:                     14 Rejab 1441H /               9 March 2020M

Reference:           AMBD/COMMS/3

Download Malay version here

Download English version here

  


PRESS RELEASE

AUTORITI MONETARI BRUNEI DARUSSALAM

TO CONDUCT SURVEY INTERVIEWS WITH BUSINESSES FOR BUSINESS SENTIMENT INDEX

 

  1. Autoriti Monetari Brunei Darussalam (AMBD) will be conducting survey interviews on selected businesses to develop the Business Sentiment Index (BSI) starting 1 April 2020. This survey is expected to be carried out monthly.
     
  2. The survey is to develop the BSI, a monthly published index to measure the level of business sentiment or confidence in Brunei Darussalam. More than 600 businesses have been selected to represent the various sectors within Brunei Darussalam's economy.
     
  3. The selected businesses will receive a letter notifying them of their involvement in the project and a suitable representative will be requested to participate in the survey. The interviews will be carried out by AMBD staff who will identify themselves at the beginning of the interviews.
     
  4. Respondents should expect general questions regarding the current and future business conditions, investments, employment of workers, as well as costs of running their businesses. Responses to the questions are mostly of qualitative nature and all responses will be kept confidential. No personal information will be collected aside from the respondents' name and contact information.
     
  5. Monitoring the level of business sentiment is important in many economies as it is a key barometer and a leading indicator of business conditions, as well as measures the overall health of the economy. Business confidence drives business growth and investment, and supports employment opportunities. As such, the BSI will provide additional valuable insights into how Brunei Darussalam's economy is faring from the perspective of businesses in general. Over time, it is hoped that the information gathered will assist policymakers in formulating appropriate policies to support economic development.
     
  6. For further information and enquiries regarding the BSI as well as the survey, members of the public may refer to the technical notes on the methodology and the list of survey questions for the BSI on the AMBD website at www.ambd.gov.bn. Respondents may also contact AMBD if they wish to verify the authenticity of an interviewer by calling AMBD at 2382262.

 

Autoriti Monetari Brunei Darussalam

Date:                     9 Rejab 1441H /  4 March 2020M 
Reference:          AMBD/COMMS/3

Download Malay version AMBD-Siaran-Akhbar-Business-Sentiment-Survey

Download English version AMBD-Press-Release-Business-Sentiment-Survey

Download BSI Survey Questions

Download BSI Methodology (Technical Notes) 

  


PRESS RELEASE

AMBD FINANCIAL AWARENESS ROADSHOW TO

SEKOLAH MENENGAH ARAB LAKI-LAKI HASSANAL BOLKIAH


1.                  Autoriti Monetari Brunei Darussalam (AMBD) and Sekolah Menengah Arab Laki-Laki Hassanal Bolkiah (SMALHB), in collaboration with, Financial Planning Association of Brunei Darussalam (FPAB) and Junior Achievement (JA), recently organised a financial awareness roadshow.

2.                  The roadshow was aimed to raise the level of financial literacy, as well as to foster an overall healthy financial lifestyle.

3.                  More than 370 students participated in the roadshow. The roadshow consists of a series of financial talks and interactive financial-related activities covering basic financial management concepts such as, savings, budgeting, credit management, Islamic finance and tips on how to identify characteristics of financial scams.  

4.                  Any organisations or agencies interested in AMBD's financial awareness roadshow, customised financial planning courses and workshops may contact us at or call us at 2388388.

 

Autoriti Monetari Brunei Darussalam

Ref:      AMBD/COMMS/3

Date :     2 Rejab 1441/  26 February 2020

Download Malay version Siaran-Akhbar-Financial-Awareness-Roadshow-to-SMALHB

Download English version Press-Release-Financial-Awareness-Roadshow-to-SMALHB

  


PRESS RELEASE

THANKSGIVING PRAYER CEREMONY IN CONJUNCTION WITH

HIS ROYAL HIGHNESS PRINCE HAJI AL-MUHTADEE BILLAH IBNI

HIS MAJESTY SULTAN HAJI HASSANAL BOLKIAH MU'IZZADDIN WADDAULAH'S

46th BIRTHDAY CELEBRATION

Masjid Suri Seri Begawan Raja Isteri Pengiran Anak Damit, Kg Madang

Wednesday, 25 Jamadilakhir 1441 corresponding to 19 Februari 2020

 

 

1.       Autoriti Monetari Brunei Darussalam (AMBD) held a Thanksgiving Prayer Ceremony in conjunction with the 46th Birthday of His Royal Highness Prince Haji Al-Muhtadee Billah ibni His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah, the Crown Prince and Senior Minister at the Prime Minister's Office, in His Royal Highness' capacity as the Chairman of the AMBD Board of Directors today, 25th Jamadilakhir 1441 corresponding to 19 Februari 2020 at the Masjid Suri Seri Begawan Raja Pengiran Anak Damit, Kg Madang.

2.       Present during this ceremony were Yang Berhormat Pehin Orang Kaya Seri Kerna Dato Seri Setia (Dr.) Haji Awang Abu Bakar bin Haji Apong, Minister of Home Affairs 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; Yang Mulia Dato Seri Setia Dr. Haji Japar bin Haji Mat Dain @ Maidin, Deputy State Mufti, State Mufti's Office; other members of the AMBD Board of Directors as well as AMBD staff and officers.
3.       The ceremony began with the recitation of Surah Yassin followed by the Asar prayers and Doa Kesyukuran.

4.       AMBD, as well as the Brunei Darussalam financial sector, has seen many developments under His Royal Highness's direction, as the Chairman of AMBD's Board of Director. In particular, His Royal Highness has championed His Majesty Sultan Haji Hassanal Bolkiah Muizzaddin Waddaulah's vision of making Brunei Darussalam one of the global Islamic Finance hubs. With His Royal Highness Prince Haji Al-Muhtadee Billah's guidance, Brunei Darussalam has also successfully placed itself amongst the top 10 country in the world in Islamic Finance, based on the ICD-Refinitiv Islamic Finance Development Indicator 2019.

5.       Further to this, His Royal Highness has also kept a focus on the development of financial sector infrastructures. This is evident in the developments of the AMBD Credit Bureau and Collateral Registry, which has assisted in bringing Brunei Darussalam to the top spot in the world in the Getting Credit Indicator according to The World Bank's Ease of Doing Business Report for the years 2019 and 2020. It is also under His Royal Highness's direction that AMBD is actively promoting the digitalisation of the financial sector, through the publication of the Brunei Darussalam Digital Payment Roadmap and the establishment of the AMBD Fintech Regulatory Sandbox.

 

Autoriti Monetari Brunei Darussalam

Date :                    25 Jamadilakhir 1441 /19 Februari 2020

Reference :         AMBD/COMMS/3

Download Malay version here

Download English version here

  

PRESS RELEASE
CALL FOR APPLICATIONS TO ENTER THE FINTECH REGULATORY SANDBOX


1. Autoriti Monetari Brunei Darussalam (AMBD) continuously encourages the development of the financial sector, in particular, in the area of financial technology, or fintech. In line with this, AMBD calls for applications to enter the AMBD Fintech Regulatory Sandbox.

2. The AMBD Fintech Regulatory Sandbox was established on 27th February 2017 to facilitate the development of fintech in Brunei Darussalam. The Sandbox gives the opportunity for qualified Fintech companies to test and experiment their products and innovation in a flexible regulatory environment, for a limited period of time and within set boundaries.

Since the establishment of the sandbox, AMBD has approved a number of companies to test their fintech products and services in the Sandbox. The type of fintech products and services that are suitable for the Sandbox include those in the areas of banking, capital markets and insurance/takaful, or innovative areas of finance within AMBD’s regulatory scope that has the potential to benefit consumers.

4. Interested companies, businesses and financial institutions are advised to find out more about Fintech Regulatory Sandbox Guidelines, its processes and requirements through our virtual office, The Fintech Office, AMBD, at www.ambd.gov.bn/fintech-office.

5. AMBD remains committed to the country’s financial stability as well as the interests of financial consumers, and is continuously monitoring the risks involved in and development of fintech products and services.

Autoriti Monetari Brunei Darussalam
Date :   25 Jamadilakhir 1441H / 18 February 2020M
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 (February 2020) - 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 178th issuance of short-term Sukuk Al-Ijarah securities.

The total of the sukuk issuance was BND 51 million with the following details:

SeriesIssuance DateMaturity DateTenorRental Rate
178
06 February 2020
07 May 2020
91 Days1.1250 %

 

With this issuance, the Brunei Government has thus far issued over BND13.48 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 6th February 2020 stood at BND 271.6 million.

Download PDF here Successful Issuances of Brunei Darussalam Government Short-Term Sukuk Al-Ijarah Securities 178th Series

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