NEWS

ABA member banks join ADB’s 50th Annual Meeting

Representatives from ABA member banks and the ABA Secretariat joined other delegates who attended the 50th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) held on May 4-7, 2017 in Yokohama, Japan. 

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ABA attends “Asia Symposium: Risk and Resilience in Global Finance” in Singapore

ABA Deputy Secretary Mr. Amador Honrado Jr. represented the Asian Bankers Association (ABA) at the “Asia Symposium: Risk and Resilience in Global Finance” jointly organized by the Federal Reserve Bank of San Francisco (FRBSF) and the Monetary Authority of Singapore (MAS) on May 29-30, 2017 at the MAS Building in Singapore.

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FICCI releases latest issue of Financial Foresights

The Federation of Indian Chambers of Commerce and Industry (FICCI) released its latest edition of Financial Foresights- a quarterly publication of FICCI’s financial sector team. The issue focuses on the topic ‘Digital banking- New horizons in a cash-light India.

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34th ABA Conference to highlight Asia s Turn to Transform

The 34th ABA General Meeting and Conference to be hosted by the State Bank of India on November 16-17 in Mumbai will put the spotlight on the region as it features the theme "Asia s turn to Transform."

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ABA forms Discussion Group on Business Process Re-engineering

The ABA Policy Advocacy Committee recently formed a discussion group to promote cooperation among member banks in understanding business process re-engineering initiatives.

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Amb. Alfonso T. Yuchengco – Former ABA Chairman, a business tycoon, a remarkable man

Ambassador Alfonso T. Yuchengco, a remarkable diplomat and businessman in the Philippines, Emeritus Chairman of the RCBC Banking Group, former Chairman of the Asian Bankers Association (ABA) and former President of the Confederation of the Asia Pacific Chambers of Commerce and Industry (CACCI) passed away onApril 15, 2017in Manila at the age of 94.

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Pacific Growth to Pick Up in 2017 — ADB Report

Pacific economies face gradually improving growth prospects in the next 12 months on the back of stronger economic fundamentals, says a new Asian Development Bank (ADB) report launched on April 6. 

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Espenilla named governor of the Central Bank of the Philippines

Philippine President Rodrigo Duterte has tapped Deputy Governor Nestor Espenilla to head the Bangko Sentral ng Pilipinas (BSP), Finance Secretary Sonny Dominguez said on May 8.

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Mongolian Bankers and Kenya Bankers Association sign MOU

The Kenya Bankers Association (KBA) and the Mongolian Bankers Association (MBA), members of the International Finance Corporation (IFC)-supported Sustainable Banking Network (SBN), signed a Memorandum of Understanding (MOU) to advance environmental and social risk management and sustainable financing practices for the Kenyan and Mongolian banking sector. 

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The Asian Banker names HNB as Best Retail Bank and Best Microfinance Product of the Year in Asia Pacific Awards in Sri Lanka for 2017

Hatton National Bank (HNB) received the Best Retail Bank and Micro Finance Product of the Year in Asia Pacific Awards in Sri Lanka for 2017 at The Asian Banker’s International Excellence in Retail Financial Services Awards Programme 2017. 

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ABA Planning Committee meets in Mumbai

The 2017 ABA Planning Committee Meeting was held on March 10, 2017 at The Trident Hotel, Nariman Point, in Mumbai, India, with the State Bank of India as the host organization.

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ABA Planning Committee visits Indian Banks Association

A six-person ABA delegation led by ABA Chairman Mr. Daniel Wu made a courtesy call on Mr. V G Kannan, CEO of Indian Banks Association (IBA), on the afternoon of March 9 at the premises of IBA. Also present at the meeting were senior IBA officers, including Mr. K. Unnikrishnan, Deputy Chief Executive, and Mr. K. Eswar, Senior Advisor, Corporate Credit and International Banking.

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ABA Planning Committee meets with Reserve Bank of India

Thanks to the prior arrangements made by State Bank of India (SBI), ABA Chairman Mr. Daniel Wu had the opportunity to visit the Reserve Bank of India (RBI) on March 10 and meet with RBI Executive Director Mr. B. P. Kanungo.

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SBI hosts optional tours for ABA Planning Committee meeting delegates

The State Bank of India arranged two optional city tours for ABA delegates to provide them the opportunity to experience and get a glimpse of Mumbai, as most of them were first-time visitors of India.

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ABA Policy Advocacy Committee Meeting in Mumbai

Ms. Prudence Lin, Chairman of the Policy Advocacy Committee led the discussion of the 2017 Work Program of the ABA Policy Advocacy Committee in Mumbai on March 10.

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Expanding economies in Asia deliver 60% of global growth, ADB says

Growth is picking up in two-thirds of the economies in developing Asia, supported by higher external demand, rebounding global commodity prices and domestic reforms, making the region the largest single contributor to global growth at 60 per cent, according to the Asian Development Bank.

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Announcements

The Federation of Indian Chambers of Commerce and Industry (FICCI) has shared with the ABA its April 2017 issue of its publication entitled “Financial Foresights”  which focuses on the topic “Digital Banking:  New Horizons in a Cash-Light India”.

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The Asian Bankers Association (ABA) is forming a Discussion Group to conduct a dialogue on the promotion of cooperation among ABA member banks in undertaking business process reengineering initiatives.

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ABA members are invited to join this year s 34th ABA General Meeting and Conference which is scheduled to take place on November 16-17, 2017 at Trident Hotel, Nariman Point in Mumbai, India.

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ABA member banks are invited to participate in the Microfinance Appreciation Course that the Rizal Commercial Banking Corporation (RCBC) is hosting in Davao City, Philippines on June 5-7, 2017 jointly with its microfinance arm RCBC Microbank.

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Former Chairman of the Asian Bankers Association (ABA) Amb. Alfonso T. Yuchengco passed away on April 15, 2017 in Manila at the age of 94.

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The ABA has recently issued a Summary Report (Year in Review) on ABA s activities in 2016.

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The ABA Secretariat wishes to follow up on its earlier request for suggestions on the possible theme and topics for 34th ABA General Meeting and Conference  to be hosted by The State Bank of India in Mumbai later this year

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