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AMBD plays crucial role in supporting financial stability

AMBD plays crucial role in supporting financial stability
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AMBD extends COVID-19 assistance period » Borneo Bulletin Online


April 8, 2021
Autoriti Monetari Brunei Darussalam (AMBD), in close consultation with the banking industry, announced the extension of assistance to businesses and individuals affected by the COVID-19 pandemic for another six months  (April 1 to September 30).
Since April 2020, banks and finance companies have been providing assistance to help alleviate financial distress of affected borrowers. As of December 2020, some 2014 applications were granted assistance. A majority opted for temporary defermenth their monthly loan repayment.
More details on Thursday’s Borneo Bulletin ....

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COVID-19 test of resilience, endurance » Borneo Bulletin Online


February 23, 2021
James Kon
“There is no doubt that 2020 was a challenging – and maybe even defining – year globally. COVID-19 was and still is a test of resilience and endurance, and Brunei Darussalam was no exception,” Autoriti Monetari Brunei Darussalam (AMBD) Managing Director Hajah Rokiah binti Haji Badar said.

Alhamdulillah, we are seeing and reaping the results of the whole-of-nation approach by the Government of His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam where the challenges and impact from the pandemic are managed well,” she said during the Centre for Islamic Banking, Finance and Management (CIBFM) rebranding launch ceremony yesterday. ....

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