Uncompromised BankingOBGplus
Brunei Darussalam's banks seem to be weathering both the slowdown of the domestic market and the world's financial sector, buoyed by their own sound loan positions and comprehensive state measures. Though the Asian Development Bank (ADB) predicted that the Sultanate's economy will contract by 0.4% this year, in part due to lower hydrocarbon revenues, Brunei Darussalam's banking sector is not only…