Baiduri Bank hosted a Twin Currency Deposit workshop at Dynasty Restaurant, Gadong, last Friday.
It was conducted by certified Financial Technician Mukhriz Mangsor from Quant Dynamic – a research company based in Brunei specialising in providing quality financial education and literacy to traders and investors – and Licensed Financial Planner from Baiduri Bank Christina Ong.
Some 50 participants attended the workshop.
It began with an overview of asset allocation and portfolio diversification, currency’s identity, currency conversion and currency market outlook by Mukhriz where participants learnt the introductory knowledge of investing.
The workshop proceeded with a talk on an in-depth analysis of the inner workings of a Twin Currency Deposit and its benefits by Christina.
Baiduri Bank Head of Wealth Management Peng Eng Soon said, “Baiduri Bank regularly hosts investment workshops and seminars featuring local and regional subject matter experts to educate clients on financial health, investment strategies and market outlook. This is to complement the bank’s array of financial products and investment options to the various needs and lifestyles of their clients.”
Senior financial planners from the bank were also present to assist customers with queries following the workshop.
Twin Currency Deposit is a short-term investment product introduced by Baiduri Bank that takes advantage of two currencies pairing. This offers the investor an opportunity to earn potentially higher returns based on exchange rate movements.