Brunei Darussalam Central Bank (BDCB) was established on 1 January 2011 as a statutory body as stipulated in the BDCB Order, 2010. The core functions of BDCB, are to formulate the country's monetary policy, issue the Brunei currency, as well as regulate and supervise banks and financial institutions. Through these core functions, BDCB's mandates include ensuring the stability of domestic prices and the financial system by formulating financial regulations and prudential standards; assisting in the establishment and functioning of efficient payment systems -and to oversee them; and to foster and develop a sound and progressive financial services sector.
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