January: Mr. Octavio B. Peralta assumes the post of Secretary General succeeding Mr. Orlando P. Peña who served ADFIAP for 28 years.

August: ADFIAP received a grant of €346,446 from the European Union’s Asia Environment Governance Standard (EGS) Projects.

September: Small and Medium Enterprises Finance Initiative (SME FI) launch.

November: ADFIAP’s first 5-Year Strategic Plan with the theme, “ADFIAP: Focused and Prepared to Lead” was approved by the Board.

January: Mr. Anothai Techamontrikul of the Industrial Finance Corporation of Thailand assumed the Chairmanship from Mr. Isoa.

October: ADFIAP speaks at the 3rd Global Roundtable on the Environment sponsored by the United Nations Environment Programme’s Finance Initiatives.

May: The ADFIAP Awards was launched to recognize outstanding people and institutional achievements in development.

July: ADFIAP and Capacity Building International Germany (InWEnt) held the first Financing for Lasting Development Seminar in Manila.

ADFIAP invited to the APEC Experts meeting in Hong Kong.

October: ADFIAP and the Center for International Private Enterprise (CIPE) launched the “DFIs for Corporate Governance” Project.

October: ADFIAP celebrated its 25th Year Anniversary.

May: The Association honored its chartered signatories with the 20th Century Achievement Awards.
ADFIAP honored the Asian Development Bank for its significant role in the development of Asia and the Pacific in the 20th century and its pivotal role in bringing together banks and financial institutions to ensure that sustainable development continues in the region.

Mr. Moksevi Prelis of the DFCC Bank turned over chairmanship of the Association to Mr. Isoa Kaloumaira of the Fiji Development Bank.

May: The Asia Pacific Institute of Development Finance (IDF), ADFIAP’s career development and credentialing center, was launched.

July: ADFIAP partnered with the US-Asia Environmental Partnership (US-AEP) to promote environmental due diligence in Asia.

October: ADFIAP tied up with East-West Electronic Trade Center (EWETC) of the United States to provide the Association’s websites, the www.banktouch.com and the www.smecenter.com, with the International Banking Facility (iTBF).

October: Datuk Mohamad Saleh bin Mohd. Ghazali of Bank Industri & Teknolgi Malaysia Berhad turned over the ADFIAP Chairmanship to Mr. Moksevi R. Prelis of DFCC Bank.

April: Creation of a members’ client service facility in the Internet called the Smecenter.org (https://www.smecenter.org)

May: Mr. Aswin Kongsiri of the Industrial Finance Corporation of Thailand turned over the ADFIAP Chairmanship to Datuk Mohamad Saleh bin Mohd. Ghazali of the Bank Industri Malaysia Berhad.

April: ADFIAP launched its website in the Internet (www.www.adfiap.org)

January: Signing of A-Net Memorandum of Agreement in the presence of Canadian Prime Minister, Mr. Jean Chretien at the Philippine International Convention Center in Manila, Philippines.

February: The first issue of the Asian Banking Digest was published.

May: the First World Summit on Development Finance was held in Manila, Philippines, in time of the ADFIAP 20th Annual Conference. The ADFIAP Awards were launched.

September: ADFIAP and Thomson Publishing signed a Memorandum of Agreement for TFS Asia to Publish the Asian Banking Digest.

September: ADFIAP’s private global intranet for electronic banking and commerce or the A-Net was launched in Manila.

April: The first issue of the Banking and Finance Digest was published.

December: Mr. Chang-Dal Kim turned over the ADFIAP Chairmanship to Mr. Aswin Kongsiri, President of the Industrial Finance Corporation of Thailand.

September: ADFIAP assumed the Chair and Secretariat of the World Federation of DFIs.

ADFIAP was accredited by the United Nations’s Economic and Social Council as an NGO on Consultative Status.

April: Mr S. S. Nadkarni turned over the ADFIAP Chairmanship to Mr. Chang-Dal Kim, President and Representative Director of the Korea Technology Banking Corporation.