NEWS

2017 New Year s Message from the ABA Chairman

I sincerely and warmly wish all ABA members, friends, and readers of the ABA Newsletter a very Happy New Year. May you achieve all the goals that you have set for yourself in 2017.

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ABA sets date for Planning Committee Meeting in Mumbai

The ABA and the State Bank of India, host organization for the 34th ABA General Meeting and Conference, have set the date for the Planning Committee Meeting in Mumbai onMarch 10, 2017.

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Discover ABA Session in Hanoi featured four country presentations

The Discover ABA Session held on November 10, 2016 at the 33rd ABA General Meeting and Conference featured four country presentations from member banks- Commerzbank from Germany, Bank Pasargad from Iran, Bank of Bhutan and Vietcombank from Vietnam.

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ABA calls for inclusive MSME financing for banking growth and business sustainability

The Asian Bankers Association (ABA) stresses the need for banks and financial institutions to play a significant role in making micro and small and medium enterprises (MSMEs) commercially bankable through a diversity of capacity building initiatives.

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Bank Pasargad leads the way in promoting financial literacy in Iran

Bank Pasargad has been promoting financial literacy throughout Iran through its financial education and green banking initiatives. Its efforts in this regard are elaborated in the Bank’s report discussed during the meeting of the ABA Policy Advocacy Committee held in conjunction with the 33rd ABA General Meeting and Conference on November 10, 2016 in Ha Long Ba, Vietnam.

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HNB shares business process re-engineering initiatives, calls for information sharing and collaboration

Hatton National Bank (HNB), the second largest private commercial bank in Sri Lanka, has established an Operational Excellence committee and a Process Improvement and Change Management (PICM) unit as part of its efforts to address the heightened competition from non-banks particularly in the payments and remittances businesses.

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ABA convenes 52nd and 53rd Board of Directors Meeting

During its Ha Long Bay gathering, the ABA convened the 52nd and 53rd ABA Board of Directors meetings during which they discussed internal policy issues and took action on a number of important matters, including the following:

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ABA Policy Advocacy Committee discuss key issues in Vietnam Conference

The ABA convened a meeting of the ABA Policy Advocacy Committee on the sidelines of the 33rd ABA Conference on Vietnam on November 10, which discussed policy issues of concern to the banking sector and planned out its activities for the next two years.

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Short-Term Visiting Program to Maybank, Malaysia on January 18-19, 2017

The ABA would like to cordially invite member banks to participate in the short-term visiting program that the Malayan Banking Berhad (Maybank) is once again hosting in Kuala Lumpur, this time to be held on January 18-19, 2017.

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Pacific rim nations push back on free-trade skepticism - By Ryan Dube and Carol E. Lee, Wall Street Journal

Leaders of the Asia-Pacific Economic Cooperation forum in Lima vowed to continue strengthening economic ties

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OECD sees resurgent US growth boosting global economy - Reuters

Global growth will pick up faster than previously expected in the coming months as the Trump administration s planned tax cuts and public spending fire up the U.S. economy, the Organisation for Economic Cooperation and Development (OECD) said on November 28, revising up its forecasts.

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Asian bankers discuss global integration in Vietnam

Over 200 bankers from Asia-Pacific, the Middle East and other regions - composed mainly of members of the Asian Bankers Association (ABA) led by ABA Chairman Mr. Daniel Wu, President and CEO of the CTBC Financial Holding Co. from Taiwan - gathered in Ha Long Bay, Vietnam on November 10-11, 2016 for the 33rd ABA General Meeting and Conference.

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Short-Term Visiting Program to Maybank, Malaysia on January 18-19, 2017

The ABA would like to cordially invite member banks to participate in the short-term visiting program that the Malayan Banking Berhad (Maybank) is once again hosting in Kuala Lumpur, this time to be held on January 18-19, 2017.

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Taiwanese Study Tour Group Visits the Bankers Association of the Philippines

A study tour group from Taiwan met with officers and members of the Bankers Association of the Philippines (BAP) on the morning of September 28, 2016 in Manila.

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How America s new president will affect the global economy - The Guardian

Donald Trump’s victory in the US presidential elections will have implications for the whole global economy.

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Announcements

We are pleased to inform members that the Asian Development Bank (ADB) has once again accredited the ABAas Guest Association in the 50th Annual Meeting of the ADB Board of Directors to be held on May 4-7, 2017 in Yokohama, Japan.

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At the request of the State Bank of India (SBI), the meeting of the ABA Planning Committee to be held in Mumbai has now been re-scheduled to March 10, 2017

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We would like to reiterate our invitation for members to participate in the short-term visiting program that the Malayan Banking Berhad (Maybank) is once again hosting in Kuala Lumpur, this time to be heldon January 18-19, 2017. Attached is a copy of the Program for your perusal.

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We wish to inform members that the ABA Secretariat will be re-located to a new office effective October 31 2016.

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