ADFIAPAssociation of Development Financing Institutions in Asia and the Pacific (banking institutions)
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Eoe1/4EoCommitting to its objective of being leading institutions in the sustainable development space, especially in times of crises, ADFIAP and its members strive to continue to enhance their sustainable investment portfolio, as well as explore other related business opportunities, particularly to support the following sectors: micro, small and medium enterprises, agriculture, housing and infrastructure, water and sanitation, health, education, environment and climate change, appropriate technology, trade logistics, and others.
The declaration said, Eoe1/4EoMitigating the impact of the global crisis on their institutions as well as preparing beyond it, ADFIAP and its members aim to strengthen their operational efficiency in terms of risk management, loan restructuring and non-performing loans management, capital adequacy, liability management as well as training and retooling their human capital and making full use of appropriate and effective information technology.
The ADFIAP has crafted a five-year strategic plan with the theme Eoe1/4Y[pounds sterling]ADFIAP as Community: Inclusive, Involved, InnovativeEoe1/4ao to guide the association to achieve its ideals and aspirations for the immediate future and have launched the Eoe1/4Y[pounds sterling]iamadfiapEoe1/4ao campaign to support the strategic direction.
Realising that its membersEoe1/4ao sustainability as development finance institutions is continuously challenged by the ever-changing dynamics of global as well as local developments, ADFIAP will be in constant search of fresh ideas, emerging trends and innovative solutions and to document, disseminate and share these issues to the general membership and its stakeholders.
Capitalising on its unique competency in research, training and institution-building in development work, particularly in sustainable finance, ADFIAP will develop further its Asia Pacific Institute of Development Finance as the knowledge hub on development finance.
Member bank clients will be offered electronic financial toolur A-Net project for ADFIAP.
Orlando Pena, secretary general of ADFIAP said, "This is a welcome development which is a step forward to eventually having a global card facility for the use of ADFIAP member banks and their clients in 33 countries of the region.
Negotiations are under way with the card giants VISA International and MasterCard International to see if we can work together towards bringing these much needed services to our community of bank members in ADFIAP.
The Global Data Interchange Network is an electronic network intended to span over 33 Asia Pacific countries and will allow secure Electronic Commerce and Electronic Banking transactions via A-Net and the Internet for all ADFIAP member banks and customers.