AMBD marks 10th anniversary with religious event

Azlan Othman

Autoriti Monetari Brunei Darussalam (AMBD) held a Doa Kesyukuran ceremony in conjunction with the 10th anniversary of the establishment of AMBD at the Suri Seri Begawan Raja Pengiran Anak Damit Mosque in Kampong Manggis Madang yesterday.

Minister of Home Affairs as Deputy Chairman of AMBD’s Board of Directors Pehin Orang Kaya Seri Kerna Dato Seri Setia (Dr) Haji Awang Abu Bakar bin Haji Apong, Deputy State Mufti Dato Seri Setia Dr Haji Japar bin Haji Mat Dain @ Maidin, members of the AMBD Board of Directors as well as AMBD officers and staff were present.

The ceremony began with Asar prayer followed by the recitation of Surah Yaasiin, Tahlil and Doa Kesyukuran led by Razman bin Haji Ramlee from the mosque.

AMBD was established on January 1, 2011 as a statutory body as stipulated in the AMBD Order 2010. AMBD acts as the central bank of Brunei Darussalam with responsibilities including the conduct of monetary policy, the issuance of the Brunei currency, and regulating and supervising banks and other financial institutions.

Since its establishment, major shifts have been seen in the financial and economic landscapes in Brunei and globally.

However, AMBD has remained committed to its mandates including the preservation of financial and price stability, ensuring efficient payment systems, and fostering a sound and progressive financial services sector.

Many achievements have been realised especially in strengthening regulations on the financial sector in line with international best practices, building key financial infrastructures to support the growth of the financial industry, and caring for and taking into account of the needs of financial consumers.

Minister of Home Affairs Pehin Orang Kaya Seri Kerna Dato Seri Setia (Dr) Haji Awang Abu Bakar bin Haji Apong at the religious event. PHOTO: AZLAN OTHMAN