Fajr Capital Sells its BIBD Stake to Brunei Investment Agency

Posted on 01/16/2020


On January 14, 2020, the Brunei Investment Agency (BIA) acquired a 29.73% stake in Bank Islam Brunei Darussalam Bhd (BIBD) form Dubai-based Fajr Capital Ltd. BIBD is Brunei’s largest bank and was formed in 2005 by the merger of the Islamic Bank of Brunei and Islamic Development Bank of Brunei. Fajr Capital made its inaugural […]

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