The Labuan Financial Services Authority released its 2016 Annual Report recently, detailing Labuan IBFC’s performance last year. For a full copy of the report, please download it here.

Our key business areas of banking, reinsurance and wealth management continued to experience positive growth in the centre with more businesses and private clients leveraging on the advantages offered by Labuan IBFC’s structures and solutions.

Now home to 13,260 companies, with 70% originating from Asia Pacific, Labuan IBFC remains to be an ideal location as a bridge linking the regional economies for businesses and corporates seeking operational substance at maximum cost efficiency.

It is noteworthy that Labuan IBFC is one of the few domiciles charting a healthy growth trajectory despite global challenges.

As Labuan IBFC adapts to the ever-changing needs of international businesses and financial markets, you can expect us to further refine our offering to stay relevant and competitive .

So watch this space for updates on Labuan IBFC’s strategic review.

Until then, thank you for your support.

Danial Mah Abdullah

CEO, Labuan IBFC