Transcript GA – Istanbul 2012 Chairman`s Report

financing
sustainable
development
Association of Development Financing Institutions in Asia and the Pacific
14th Extra Ordinary Meeting of the
General Assembly
3:30 p.m., April 25, 2012
Sheraton Istanbul Ataköy Hotel
Istanbul, Turkey
Opening Remarks & Call to Order
Nihal Fonseka
CEO, DFCC Bank
Chairman, ADFIAP
Approval of the Minutes
of the 19th Ordinary Meeting of the
General Assembly held on April 20,
2011 at the Acapulco Beach Club &
Resort Hotel, Kyrenia, North Cyprus
PLEASE REFER TO YOUR FOLDER
Approval
of the Audited Financial Statements of
the Association for the Year ending
December 31, 2011
PLEASE REFER TO YOUR FOLDER
Welcome to New Members
•
•
•
•
ICRA Limited (India)
KfW Bankengruppe (Germany)
Thai Credit Guarantee Corporation
People’s Credit and Finance Corporation
(Philippines)
• Avantage Ventures (Hong Kong, China)
• Small Business Corporation (Philippines)
• Pag-Ibig Fund (Home Development Mutual
Fund - Philippines)
Conferment
of Honorary Membership to:
Mr. Nawang Gyetse
Bhutan
PLEASE REFER TO YOUR FOLDER
Chairman’s Report
2011 Accomplishments vs. Targets
New members: 11 (target: 10)
Membership dues: US$ 302,217 ($ 325,00)
Training fees: US$ 185,240 ($ 150,000)
Grants: US$ 139,225 ($ 70,000)
Consulting fees, etc.: US$ 8,437 ($ 20,000)
Office lease: US$ 21,098 ($ 7,000)
Admin savings: US$ 5,500 ($ 6,600)
Financial Highlights: 2011 vs. (2010)
Cash: US$ 563,628 ($ 526,081)
Total Assets: US$ 959,398 ($ 1,017,608)
Total Revenue: US$ 684,380 ($ 525,552)
Excess of revenue over expenses:
(-)US$ 129,753 (-) $17,744
Members funds: US$ 767,455 ($ 897,208)
PLEASE REFER TO YOUR FOLDER
Events Highlights 2011
 34th Annual Meetings, 73rd Board of Directors’ Meeting and
ADFIAP Awards 2011 – Kyrenia, North Cyprus
 Responsible Corporate Citizenship Seminar – Manila, KL, Hanoi,
Bangkok & Mumbai
 Credit Appraisal & Investment Seminar – Kuala Lumpur
 5th Key Performance Indicators for DFIs – Manila
 CEO Forum VIII & 74th Board of Directors Meeting – Thimphu
 6th Core Development Banking Program (CoreDev) – Manila
 5th Development Bank Management Program (DevMan) – Manila
Core Projects
 SME Finance Initiative
www.sme-fi.com
 “Greening of DFIs”Project
www.egs-asia.com
 “DFIs for Corporate Governance” Project
www.governance-asia.com
 The ADFIAP Responsible Citizenship
Program (ARC) www.adfiap.org/arc/
Grant Projects
 SMART Cebu project – grant from the EU
Switch Programme Euro 978,786 (under
implementation)*
 “SME Regional Knowledge & Finance
Center Project” – grant from the
International Trade Centre (ITC)
US$ 20,000 (project study completed)
* ADFIAP is one of the project partners
Grant Projects
“Institutionalizing a Responsible Corporate
Citizenship Programme in Development
Banks in Asia-Pacific” – grant from CIPE of
US$ 73,800 (completed)
 “Accelerating Financial Inclusion in Asia and
the Pacific” – from the APEC Grant Facility
US$ 107,250 (completed)
Grant Projects
 “Financial Regulations supporting MSME
Lending to Promote Financial Inclusion” –
under the Asia Public Sector Linkages
Program of the AusAid with a grant of
A$ 244,300 (completed)*
*ADFIAP is one of the project partners
Programs & Services
 Annual Meetings & CEO Forum
 Institute of Development Finance’s training
and credentialing Programs
 ADFIAP Consulting Group
 Country Host Program
 DFI-to-DFI Exchange Program
 ADFIAP Awards Program
 A-NEX – Online networking, education &
exchange- (NEW)
 Information Resources – newsletters,
journal, books, manuals, reports, info briefs
& surveys, e-Library (NEW)
An e-community activity & learning center in one!
learn online 24x7
access & share
knowledge resources
update & share
with a select few
remember key dates
& events
initiate topics & participate
in discussions at any time
list meetings, seminars
conferences, etc.
engage and discuss
all at the same time
connect & send
email
Upcoming Training Events 2012
 Study programs on microfinance & SME finance
 Responsible Corporate Citizenship
 Credit Risk Management
 Key Performance Standards for DFIs
 Islamic Banking & Finance Seminar
 SME Access to Finance
 “Greening” Financial Institutions
 Credentialing Programs (Levels I & II)
* More details at www.adfiap.org and in the brochure!
Venue of CEO Forum IX
Venue: Johannesburg, South Africa
Dates: November 13-15, 2012
Host: Development Bank of Southern
Africa
End of Report
Thank you for your kind
attention!