ADFIAP recognizes 18 outstanding development projects

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IMG_4797Out of the 95 development project entries and nominations from 35 countries, 18 members won the ADFIAP Development Project Awards 2016. The awards winners were presented during the Welcome Reception and Awards Night on May 2, 2016 in conjunction with the ADFIAP 39th Annual Meetings in Apia, Samoa (please see separate story).

The winners were: (Human Capital Development Category) SME Development Bank of Malaysia and “Alalalay sa Kaunlaran, Inc” for their projects “Graduate Entrepreneur Fund or Tabung Usahawan Siswazah (TUS)” and “Employing the Out-of-school Youth through Microfinance Technology,” respectively; (Environmental Development Category) Bank of Industry and Mine, and Land Bank of the Philippines for their “projects Rah PooyanSaleh Company,” “and Talayan Sewage Treatment Plant,” respectively; (SME Development Category) National Small Industries Corporation and Perbadanan Nasional Berhad for their projects “Raw Material Distribution-Benefit Cost Reduction for MSMEs” and “Business in Transformation (BIT): PNS Program to Enhance the Potential of Small Business”, repectively; (Infrastructure Development) Bank Pembangunan Malaysia Berhad and Development Bank of Samoa for their projects “Private Finance Initiatives (PFI) in Education Sector, Perdana Putra High Performance Green Building, and Boguchany Hydro Electric Power Plant, respectively; (Technology Development Category) IDBI Bank, Ltd, and Oman Development Bank for their projects “ABHAY Card Mobile App” and “Business Intelligent System, respectively; (Trade Development Category) Export-Import Bank of India for its project “Nyaborongo Hydropower Plant”; (Local Economic Development Category) Development Bank of the Philippines and Tekun Nasional for their projects “ Province of Oriental Mindoro: Sustainable Rural Electrification and Program Mentor-Mentee, respectively; (Financial Inclusion Category) Agrobank and Small Industries Development Bank of India for their projects “Financial Inclusivity: Agriculture Community & Underserved Segment” and Mudra (Micro Units Development & Refinance Agency Limited), respectively; (Corporate Governance) Pag-IBIG Fund for its projects “Improved Terms of Pag-IBIG Fund’s Insurance Coverage for Home Borrowers, “Promotion of Integrity Practices & Good Governance among Pag-IBIG Fund’s Stakeholders,” and “Promotion of Good Governance through Proper Maintenance of Acquired Assets”; and (Corporate Social Responsibility) Business Development Bank of Canada and Development Bank of the Republic of Belarus for their projects “Helping Grow an Exciting Entrepreneurial Movement: Certified Beneficial Corporation (B Corps) and National Cancer Centre Modernization, respectively.

For more details of the ADFIAP Awards, please email the Secretariat at

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