Brunei financial sector grew to over 18 bln USD in Q1 2024

BANDAR SERI BEGAWAN, July 12 (Xinhua) -- Brunei's financial sector grew by 2.9 percent year-on-year, with total assets amounting to 24.6 billion Brunei dollars (18.3 billion U.S. dollars) in the first quarter of 2024, according to a statement from the Brunei Darussalam Central Bank (BDCB) on Thursday.

The financial sector of Brunei comprises both Islamic and conventional financial institutions. In the first quar