Finance
List of Commercial banks in Brunei
Despite its modest size, Brunei’s banking sector punches above its weight. This is thanks to a unique blend of Islamic financial principles and modern practices. This innovative approach fuels the nation’s economic growth by offering a diverse range of financial services that cater to both local and international markets.
Brunei’s Banking Sector: Foundation for Economic Stability and Growth
Brunei’s banking sector is crucial for economic health, providing essential financial services to businesses, individuals, and government entities, thus supporting stability and growth. It includes commercial banks, Islamic banks, and non-bank financial institutions, offering diverse services. The Autoriti Monetari Brunei Darussalam (AMBD) ensures stability and resilience through robust regulation, promoting financial security and consumer protection. Islamic banking principles offer Sharia-compliant products for ethical and religious preferences. The sector is adopting digital advancements, enhancing efficiency and customer experience. With strong prospects for growth, economic diversification, and government-led innovation, the sector is poised to support Brunei’s future economic progress.
| Bank Name | Headquarters Location | Bank Sector | Bank Revenue(BND) | Bank Revenue(USD) | Contact Details |
| Bank Islam Brunei | Bandar Seri Begawan | Islamic Bank | 4.23 million | 3.106 million | +673 223 8181 |
| Baiduri Bank | Bandar Seri Begawan | Commercial Bank | 60.8 million | 44.65 million | +673 226 8000 |
| Standard Chartered | Bandar Seri Begawan | Commercial Bank | 17.4billion | 12.77 billion | +673 236 6314 |
| HSBC Bank | Bandar Seri Begawan | Commercial Bank | 66.1 billion | 48.54 billion | +673 2252 339 |
Brunei’s strong banks are key to their economic success. They offer a mix of traditional values and modern tech, including Islamic banking. Government oversight keeps things safe, and the future looks bright for continued growth.
