34th ORDINARY GENERAL ASSEMBLY OF AADFI: POSITIVE RESULTS
The Association of African Development Finance Institutions (AADFI) held its 34th Ordinary General Assembly in Maputo, Republic of Mozambique on 12 May 2008. The Opening Ceremony, the working sessions and the Closing Ceremony were held at the Avenida Hotel, Maputo, Mozambique. Opening statements were made by Dr. Antonio Souto, CEO of GAPI the host […]
Cooperation, Strategies, Relations with Europe and financing studied government officials for Latin American and Carribean SMEs
Cooperation, Strategies, Relations with Europe and financing studied government officials for Latin American and Carribean SMEs The Conference of Government Officials Responsible for Latin American and Caribbean SMEs was held within the framework of the preparations for the Fifth Summit of Heads of State and Government of Latin America, the Caribbean and the European Union […]
Risk Management in Development Banks & Finance Institutions – English
OBJECTIVES: To re-tool skills on risk management, update knowledge on all risk issues inherent in banking & finance business. PARTICIPANTS: Professionals in Credit, Risk & Compliance, Finance, Investment & Business Development.
New ALIDE Executive Committee headed by Roberto Smith
Dr. Roberto Smith, President of Banco do Nordeste do Brasil (BNB), was elected to serve as President of the Latin American Association for the 2008-2010 period. The Executive Committee membership includes, as Vice-Presidents, Rodrigo Sánchez Mújica, General Director of Fideicomisos Instituidos en Relación con la Agricultura (FIRA)- Banco de México, and Carlos Álvarez, Executive Vice-President […]
The Islamic Development Bank (IDB) to Host the 11th Meeting of the Heads of Financial Institutions and Funds (Coordination Group- CG)
The 11th meeting of CG is expected to be attended by heads of the Arab Development Fund (Riyadh), the Kuwait Fund for Arab Economic Development (Kuwait), the Arab Fund for Economic and Social Development (Kuwait), the Abu Dhabi Development Fund (Abu Dhabi), the Arab Monetary Fund (Abu Dhabi), the Arab Bank for Economic Development in […]
Development Bank of Turkey (TKB) adopts a new strategy to finance SMEs
The Law establishing the Bank, TKB only permits loans to be made to joint stock companies. In order to reach SMEs TKB has decided to implement apex lending as a new financial instrument. Since TKB does not have a branch network in February 2008, it has signed an apex lending agreement with Garanti Bank a […]
President of Indonesia expresses his full support to the Islamic Solidarity Fund for Development (ISFD)
A delegation comprised of H.E. Bahruddin Yousef Habibi Former President of Indonesia, H.E. Dr. Abdulrahman Swar Al-Dahab Former President of Sudan member of the Advisory Panel and H.E. Dr. Ahmed Mohamed Ali, President of the IDB. Have visited the President of Indonesia in a bid to mobilize resources for the newly established Islamic Solidarity Fund […]
ALIDE TURNS 40: Challenges and prospects for Latin American and Carribean Development Banks
ALIDE TURNS 40: Challenges and prospects for Latin American and Carribean Development Banks ALIDE President, Dr. Nicola Angelucci, in making the keynote address during the celebration of the 40th anniversary of the Latin American Association of Development Financing Institutions (ALIDE) on January 24, 2008, noted that a group of 37 banks and development financing and promotion […]
ADFIMI elects new Secretary General and new Chairman
The Association of Development Finance Institutions in the Member Countries of Islamic Development Bank elected new Chairman and New Secretary General. As Chairman was elected Br. Mehmet Emin Ozcan, Member of the Board, Turkiye Cumhuriyeti Ziraat Bankasi A.S.; and like Secretary General was elected Mr. Nuri Birtek.
The African Development Bank Group (ADB):AFREXIMBANK AND EXIM-INDIA SIGN COOPERATION AGREEMENT IN SHANGHAI
The President of African Export-Import Bank (Afreximbank) Mr. Jean-Louis Ekra and the Chairman of Export-Import Bank of India (Exim India) Mr. T.C Venkat Subramanian signed a Memorandum of Cooperation between both institutions at Eton Hotel, Shanghai on 16 May, 2007. This event marked a formal concre¬tization of what had been a very fruitful relationship between […]