| Izah Azahari |
AS PART of efforts to support the National Savings Day through the promotion of a savings culture with prudent money management, Bank Islam Brunei Darussalam (BIBD) will launch its unique flexible savings scheme today.
The event will take place at The Mall, Gadong, featuring a scheme known as ‘BIBD Aspirasi’ which offers attractive rewards programme and better returns.
BIBD Head of Retail Banking Hajah Nurul Akmar binti Haji Md Jaafar made the announcement during a press conference yesterday at the BIBD Headquarters in the capital.
Also present were Deputy Chief Operating Officer cum Managing Director of BIBD Securities Haji Minorhadi bin Haji Mirhassan, BIBD Head of Product Management Department Adinah binti Haji Janudin and BIBD Corporate Communications Officer Shairazi Zainuddin.
Hajah Nurul Akmar said that on the back of the pro-business additions to the ‘BIBD NEXGEN’ universe – with the recent launch of ‘BIBD BizNet’ and ‘Quickplay’, the ‘BIBD Aspirasi’ provides a simple yet excellent opportunity for members of the public to grow their savings.
The latest scheme offers better returns when customers subscribe to savings certificates that are available electronically on the BIBD NEXGEN Mobile and Online platforms, as well as physically in BIBD branches, she noted.
‘BIBD Aspirasi’ is aimed to further inculcate a savings culture, especially among the tech-savvy public of Brunei Darussalam.
The additional digital approach to savings is also to support the public to better secure their future on a smarter and more convenient platform, as well as to prepare them for any emergencies or unexpected incidents.
According to Hajah Nurul Akmar, BIBD strongly believes in empowering the community to better contribute to the nation and its economy.
This empowerment could be attained through ‘BIBD Aspirasi’ which provides assistance to the people to financially secure their future as well as supports them to fulfil their aspirations and life goals.
“With ‘BIBD Aspirasi’, securing your future while realising your aspirations has just become a part of the infinite possibilities under BIBD NEXGEN,” Hajah Nurul Akmar said.
Meanwhile, Adinah explained that BIBD accountholders can start their ‘BIBD Aspirasi’ journey to financial freedom by subscribing to an initial ‘BIBD Aspirasi’ e-certificate for as low as BND500 with a one-time subscription fee of BND5.
Subsequent investments can be made with a minimum of BND50 per investment, allowing a maximum investment amount of BND100,000.
Despite also being available in branches, Adinah said that ‘BIBD Aspirasi’ and its certificates are also available on the mobile and online BIBD NEXGEN platform.
“‘BIBD Aspirasi’ also offers an annual grand prize of BND250,000, with quarterly prizes of BND25,000 and monthly prizes of BND2,500 when they purchase ‘BIBD Aspirasi’ e-certificates,” said Adinah.
“Each investment into ‘BIBD Aspirasi’ allows BIBD accountholders to have an entry ticket per investment of BND50 into the monthly, quarterly and grand annual prize.”
Underscoring the importance of savings, ‘BIBD Aspirasi’ will also be included in BIBD’s upcoming financial planning talks.