BRUNEI’S banking sector remains stable and profitable, according to the latest data issued by the Autoriti Monetari Brunei Darussalam (AMBD).
Citing audited financial statements for 2015 issued recently by local banks, AMBD said the sultanate’s banking industry “has shown stronger profitability and improving assets quality in 2015”.
“The key financial soundness indicators in the banking sector were maintained at healthy levels,” AMBD said in a statement issued yesterday.
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