BIBD, Silverlake Digital Economy Sign Agreement
SATURDAY, 28 APRIL 2012
Bandar Seri Begawan - Bank Islam Brunei Darussalam (BIBD) reached another milestone following a Services Agreement signing ceremony with Silverlake Digital Economy at The Empire Hotel and Country Club yesterday.
BIBD Mobile Banking, which will soon be accessible to all customers, provides a selection of features such as balance checking, funds transfer and credit card payments via a mobile phone.
The new service is well suited for Brunei due to the high penetration rate of mobile phones and increasing popularity of smartphones.
The leading local Islamic bank has been a trailblazer in adopting new services and technology such as BIBD Online, SMS Alert Service and online top-up for prepaid electric meters.
Signing on behalf of Bank Islam Brunei Darussalam was Pehin Orang Kaya Seri Utama Dato Seri Setia Awg Hj Yahya bin Begawan Mudim Dato Paduka Hj Bakar, the Minister of Industry and Primary Resources in his capacity as Chairman of BIBD. Javed Ahmed, the Managing Director of BIBD witnessed the signing on behalf of the bank. Signing on behalf of Silverlake was Executive Chairman Goh Peng Ooi, and it was witnessed by Managing Director Choo Soo Ching.
Pehin Dato Hj Yahya in his speech said, "Over the past months, BIBD has made various enhancements to its IT infrastructure and that has helped revolutionise the way we do our banking in Brunei.
"BIBD, as the largest local bank in Brunei, has increased its ATM network with Biometric ATM that reads fingerprints," he added.
According to a press release, BIBD introduced 'online kiosk' or a self-service terminal which will be installed at all branches. Customers may gain access to BIBD website and BIBD online through the kiosk. It enables bill payments, credit card payments, transferring funds within BIBD accounts, checking account balances and a host of other transactions except for dispensing cash.