Brunei's Financial Sector Achieves 2.9% Growth in Assets, Hits US$18 Billion Milestone in Q1 2024

Sunday, 14 July 2024, 09:56

In the first quarter of 2024, Brunei's financial sector witnessed a 2.9% year-on-year growth, leading to total assets valued at 24.6 billion Brunei dollars (US$18.3 billion). The data released by the Brunei Darussalam Central Bank highlights the sector's solid performance amid economic dynamics. The positive trajectory signals resilience and stability within Brunei's financial landscape.
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Brunei's Financial Sector Achieves 2.9% Growth in Assets, Hits US$18 Billion Milestone in Q1 2024

Brunei Financial Sector Growth Analysis

In Q1 2024, the financial sector of Brunei saw a 2.9% year-on-year expansion.

Key Highlights:

  • Total Assets: Valued at 24.6 billion Brunei dollars, reaching a milestone of US$18.3 billion.
  • Brunei Darussalam Central Bank: Released official statement detailing the sector's performance.

The growth reflects the sector's resilience and stability amidst evolving economic conditions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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