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Al - Bai Bithaman Aajil Corporate Financing |
 Corporate Financing facilities are designed to meet the financial requirements of companies registered and incorporated in Negara Brunei Darussalam.
- Working capital of the company
- Purchase of assets
- Project Financing
- Any other requirement for the company’s business
Types of Financing BBA Term
Financing
| This financing is for the purchase of
company’s assets or stock. This can also be used to finance minor renovation of the company’s office or business premises |
BBA Naqad
(Overdraft)
| The Naqad is to provide working capital.
| Demand
Financing
| A temporary financing to provide the
company’s initial expenses or capital
requirement for an awarded project.
| BBA
Demand Line
Financing
| Similar to Demand Financing, this financing is a revolving financing and disbursed on drawdown basis.
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BBA
Development
Financing
| This financing is to finance the construction of a building whether it is for company’s own purposes, sale or rental. This financing is disbursed on drawdown basis.
| Al-Ijarah
Thumma
Al Bai
Financing
| The purpose is mainly for purchasing all
types of vehicles for specific contract for
the company’s disposal.
| Letter of
Credit
Al-Murabahah
| This facility is for the purchase of goods
from local or overseas depending on
the availability of the materials to be
purchased.
| Al-Kafalah
Bankers
Guarantee
| This is issued as a security deposit for an awarded project, labor quota etc.
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Securities (whichever is applicable) - Investment deposit with BIBD
- Monthly build up of investment deposit (i.e either by percentage or fixed amount) depending on the nature of business
- Assignment of Payment to BIBD
- Charge over landed property
- Personal continuing guarantee
- Performance Bond from Takaful BIBD
- Other securities / collateral depending on the nature of business and amount request
All proposals shall be treated in the strictest confidence. Negotiations shall be undertaken only with sponsors or their authorised representatives. It is advisable for intending applicants to discuss ther proposals with the Bank staff before submitting formal applications. * Bank’s terms and conditions apply
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Financing Products 