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RHB Brunei was established since 1964. From its inception in Brunei till 15 December 1996, the Bank was known as the United Malayan Banking Corporation Berhad (UMBC). On 16 December 1996, the Bank was renamed Sime Bank Berhad, reflecting the change in ownership under the Sime Darby Group of Malaysia. In line with the banking consolidation exercise in Malaysia, the Branch was renamed as RHB Bank Berhad on 13 May 1999.

The Brunei Banking Code came into effect 1st May 2010 to provide customers with general information on standard banking practices and benefits in Brunei, ranging from Account Operations, Remittances, Cards and Pins to Financing Facilities.

RHB Bank focus on capturing growth opportunities in high growth while taking a proactive and conservative approach to capital management by continuing to establish the presence in high growth markets.

RHB Bank combines its Southeast Asia presence and resources along with its local footprint to offer innovative solutions to meet the evolving needs of the clients both in Brunei and those Malaysian looking to invest in Brunei.

Besides commercial banking, which includes deposit taking, the provision of cheque services and lending, RHB Bank may also carry on any other business which is regulated or authorized by Brunei Currency and Monetary Board, including financial advisory services, insurance broking and capital market services.