What is ambd brunei?
Autoriti Monetari Brunei Darussalam (AMBD) is a government Bank & Financial Institution. It was founded in 2011 and its first board meeting was held on 10 January 2011. Several divisions previously under the Ministry of Finance merged to form AMBD, namely FID (Financial Institutions Division), BIFC (Brunei International Financial Center), BCMB (Brunei Currency and Monetary Board) and Part of the Research and International Division (RID). AMBD is a statutory authority, acting as the central bank of Brunei, which undertakes several core functions including the formulation and implementation of monetary policies, the regulation and supervision of financial institutions and currency management. The other functions and services offered by AMBD include Banking and Specialized Market Supervision, Reserve Investment and Payment & Settlement, Corporate Services, Insurance/Takaful and Capital Market Supervision, Islamic Financial services etc