Baiduri Bank was chosen as the country winner in Global Finance’s World’s Best Bank 2023: Asia-Pacific awards recently, marking the bank’s eight consecutive win with the awarding body.
Baiduri Bank Chief Executive Officer Ti Eng Hui attributed the win to the bank’s continuous efforts and initiatives to strengthen and diversify its income streams. He stated, “We achieved exceptional growth in profits, assets and deposits in 2022 despite the challenging economic climate, and this growth momentum continued to strengthen in 2023. I am also proud that our Corporate and Retail Banking businesses have shown strong resilience in revenues and business activities.”
“We have also intensified our efforts in our digital engagement initiatives as we delve deeper into our digital transformation journey, making strategic investments in our core banking systems, emerging technologies and enhancing our capabilities in data analytics, product management, operational efficiency, and customer experience,” he added.
Global Finance highlighted the bank’s strengthened human resource capabilities through its implementation of SAP’s SuccessFactors cloud-based human capital management system, and via initiatives such as its leadership academy and emerging leaders mentoring programme, underpinned by a commitment to employee wellness.
Global Finance regularly selects the top performers among banks and other financial services providers. All selections were made by the magazine’s editors after extensive consultations with corporate financial executives, bankers and banking consultants, and analysts throughout the world.
