f i n a n c i n g s u s t a i n a b l e d e v e l o p m e n t
Association of Development Financing Institutions in Asia and the Pacific
th
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 19 th 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

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
 34 th Annual Meetings, 73 rd 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
 5 th Key Performance Indicators for DFIs – Manila
 CEO Forum VIII & 74 th Board of Directors Meeting – Thimphu
 6 th Core Development Banking Program (CoreDev) – Manila
 5 th Development Bank Management Program (DevMan)
– Manila

 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 AsiaPacific” – 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 remember key dates
& events list meetings, seminars conferences, etc.
connect & send email access & share knowledge resources update & share with a select few initiate topics & participate in discussions at any time engage and discuss all at the same time

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