TAIB happy with dividends at 12th anniversary
By Maya Salleh & Azlan Jaini

Dato Paduka Hj Junaidi giving a speech at the TAIB annual dinner.

Pehin Dato Dr Ustaz Haji Md Zain and members of board of directors of TAIB at the TAIB annual dinner.

The Perbadanan TAIB marked its 12th year of establishment at its annual dinner last night at the Goldstone Ballroom, Centrepoint in Gadong.

The event was attended by more than 300 guests comprising officers and staff as well as board of directors. Present as guest of honour was Pehin Dato Dr. Ustaz Haji Awang Md. Zain, Minister of Religious Affairs.

Managing Director of Perbadanan TAIB, Dato Paduka Haji Junaidi in his welcoming address said he was hopeful that the New Year would bring a new resolution to the officers and staff of TAIB and its subsidiary companies to continue putting in efforts in the development of Perbadanan TAIB.

He said, "As we are all aware, the economic activities in the past few years have weakened, not only in Brunei but the world over.

"This inevitably has affected banking and finance activities, especially in Brunei Darussalam.

"In that respect, Perbadanan TAIB is facing a new challenge. This is evident in the year 2003 when the bank's income has grown but the growth was moderate and did not meet our expected goal.

"Therefore the management has implemented cautious and prudent strategies. The slight decline in the dividends as announced to our investors is among the strategies taken.

"Nevertheless the dividends are still considered high when compared to other financial institutions.

"This development should be taken by all officers and staff as a challenge not as an obstacle. It is hoped that all officers and staff of Perbadanan TAIB will continue to improve their quality of work to overcome the challenges and subsequently take Perbadanan TAIB to its primary level of performance."

The evening saw the presentation of souvenirs to officers and staff who have served the bank and its subsidiary companies for five and ten years. It was followed by the presentation of prizes to the bank's outstanding supervisors and staff.

Courtesy of Borneo Bulletin