UOB Bequeathed Retail Business to Baiduri Bank Berhad (BruDirect (Brunei))

The Brunei unit of the United Overseas Bank (UOB) has sold its retail banking business to Baiduri Bank Berhad. By a court declaration, the banking and credit facilities made to customers of UOB Brunei and the current, saving and fixed deposit accounts maintained by the clients of UOB Brunei will be transferred to Baiduri, the Singapore-based…

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