ADFIAP honors members’ outstanding projects

ADFIAP members were honored for their outstanding projects during the 2019 ADFIAP Awards Night held in conjunction with the 42nd ADFIAP Annual Meeting on February 20-22, 2019 at the Sheraton Hotel Oman in Muscat. The ADFIAP Outstanding Development Project Awards recognizes member-banks which have undertaken and/or assisted projects that have created a development impact in their respective countries. The winners were:

Human Capital Development: Alalay sa Kaunlaran, Inc. (ASKI) for its projects “Men-at-work Program: Empowerinng Urban Men through Technical Skills Training and Development” and “Strengthening the Capabilities of Overseas Workers and their Families through Financial Literacy and Basic Entrepreneurship Trainings.” Merit Award: National Bank for Agriculture & Rural Development (NABARD) for its project “Rural Immersion Program for New Officers.”

Environmental Development: Zarai Taraqiati Bank Limited (ZTBL) and Development Bank of the Philippines (DBP) for their projects “Green Banking Initiatives,” and “Advancing the Use of Renewable Sources through Freeport Zone: Enfinity Philippines Renewable Resources, respectively. Merit Award: DFCC Bank for its project “Funding the Installation of Rooftop Solar Systems of Large Rooftop Owners.”

SME Development: National Bank for Agriculture & Rural Development (NABARD) for its projects “Creating Wealth from Waste Plastic,” “Skill Loans for Youth in LWE and other Districts-Institutional Scale-Up,” and “Use of Hydropolic Technology for Paddy Ayurved Research Foundation, Haryana.” Merit Awards: Export-Import Bank of India and Credit Guarantee Corporation Malaysia Berhad for their projects “Exim Bazaar,” and imSME, Malaysia’s 1st SME Financing/Loan Referral Platform,” respectively.

Infrastructure Development: PT Sarana Multi Insfrastruktur (SMI) Persero for its project “Innovative Product in Financing Bakauheni Terbanggi Besar Toll Road Project.” Merit Award: JSC Development Bank for of the Republic of Belarus (DBRB) for its project “Infrastructure Development.”

Technology Development: National Bank for Agriculture & Rural Development (NABARD) for its project “Activities under Financial Inclusion Fund.” Merit Award: Oman Development Bank and Tekun Nasional for their projects “ODB Mobile,” and “TEKUNPay,” respectively.

Local Economic Development: Development Bank of Japan for its “DBJ Climate and Disaster Response Initiatives.” Merit Awards: Alliance Finance Company, PLC and Oman Development Bank for their projects “Ath Pavura Social Business Platform,” and “Support Sector Finance in Masirah Island,” respectively.

Financial Inclusion: National Bank for Agriculture and Rural Development (NABARD) for its projects “Eshakti—Digitizing SHGs,” and “The Self -help Group Linkage Programme.” Merit Award: Development Bank of the Philippines for its project “Driving to Break Boundaries: DBP PASADA Financing program.”

Corporate Governance: International Investment Bank (IIB) for its project “Transformation to a New Corporate Governance System.” Merit Award: PT Sarana Multi Infrastruktur (SMI) Persero for its project “Unit Risk and Compliance Manager (URCM).”

Corporate Social Responsibility: Landbank of the Philippines for its project “Landbank’s VOLUNTEERific Program.” Merit Awards: SME Development Bank Malaysia Berhad, and Ba Ria-Vung Tau Development Investment Fund (BVDIF) for their projects “Young Entrepreneur Innovation Programme – SME Bank Y – “Biz Challenge,” and “Happy Garden Kindergarten Project,” respectively.

Special Awards went to: SME Bank Malaysia Berhad, and PT Sarana Multi Insfrastruktur (SMI) Persero for Best Sustainability Report; SME Bank Malaysia Berhad for Best Website; and Development Bank of Mongolia for First Payor.

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