Milestone Achievements from Management Agreement

 

Fajr Capital’s management agreement expires on the 30th of November 2021. Fajr Capital’s partnership with Bank Islam Brunei Darussalam, BIBD is an illustration of its strong commitment to support the long-term growth and transformation of BIBD, from a financially sound and stable bank into the flagship financial services institution in Brunei Darussalam.

 

During Fajr Capital’s investment, BIBD underwent a strategic transformation that resulted in strong profitable growth and the bank establishing itself as a world-class Islamic financial services institution. The end of the management agreement was commemorated with an exchange of tokens between Yang Berhormat Dato Seri Setia Doctor Awang Haji Mohd Amin Liew bin Abdullah, Minister at the Prime Minister’s Office and Second Minister of Finance and Economy in his capacity as Chairman of BIBD and its Group of Companies and the outgoing Managing Director and CEO, Mubashar Khokhar on behalf of Fajr Capital.

 

Source: Radio Television Brunei

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