ADFIAP honors members’ outstanding development projects

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awardsThis year’s ADFIAP Awards have recognized and honored members’ outstanding development projects during the Awards Night held on May 12, 2015 in Nha Trang, Vietnam. The winners included the Land Bank of the Philippines (Land Bank) for its project, “Innovative Training and Responsive Approaches for Institutional Nurturing (iTRAIN), under the human capital development category; Development Bank of Japan (DBJ) for its “DBJ Green Bond” (environment); Credit Guarantee Corporation Malaysia Berhad (CGC) for its “Islamic Wholesale Guarantee – WG-i” (SME development); Vietnam Development Bank (VDB) for its “Hanoi-Hai Phong Expressway” (infrastructure development); Small Industries Development Bank of India (SIDBI) for its “ – Promoting Entrepreneurship” (technology development); Export-Import Bank of India (Exim Bank) for its “Project Export Finance” (trade development); Development Bank of the Philippines (DBP) for its “35 MLD Cebu Bulk Water Project-Sustaining Local Economic Development” (local economic development); Small Industries Development Bank of India (SIDBI) for its “Poorest States Inclusive Growth (PSIG) Programme” (financial inclusion); Development Bank of the Philippines (DBP) for its “Good Governance Programme” (corporate governance); and Esquire Financing Inc., for its “CSR Campaign” (corporate social responsibility).

Aside from the main awards, plaques of merit were given to the following members for their exemplary projects, namely,: Alalay sa Kaunlaran Inc. (ASKI) and FSM Development Bank for their projects, “Back-to-Back Training for OFWs and their Families” and “Establishment of FSMDB Development Finance and Training Institute”, respectively, (human capital development category); DFCC Bank and Vietnam Development Bank for “DFCC Finances the First Grid Connected Solar Project in Sri Lanka” and “Wind Farm Project in Bac Lieu Province”, respectively, (environment); Development Bank of the Philippines, Oman Development Bank and Development Bank of Jamaica for “DBP Bankability Enhancement for SET-UP Technopreneurs (DBP-BEST)”, “Inclusive Lending for Aspiring Women (ILAW) Entrepreneurs Program”, “Implementation of Loan Guarantee Program, 2014” and “the Credit Enhancement Facility”, respectively, (SME development); Pag-IBIG Fund’s “Bistekville Housing Project and “Needs Matching Program-Employee Village” (infrastructure development); Centre for SME Growth & Development Finance’s (CESMED) “SMIDP-SMARTEX of VCCI Da Nang” with the Vietnam Chamber of Commerce and Industry (trade Development Category); Development Bank of Samoa, DFCC Bank and Tonga Development Bank for “Samoa Agriculture Competitiveness Enhancement Project (SACEP)”, “Financing of a Rice Bran Oil Facility”, “Growth Facility and the Student Loan Scheme (Government Managed Fund”, respectively, (local economic development); International Investment Bank, PagIBIG Fund, RCBS Savings Bank, and Zarai Taraqiati Bank Limited for “Small and Medium Enterprises Support Program”, “Dagdag Ipon Raffle Promo”, “W.I.S.E. Savings Account Banking on Your Future” and “Financial Inclusion Initiatives at Zarai Taraqiati Bank Limited”, respectively, (financial inclusion); Philippine Export-Import Credit Agency for its project, “Strategy Management Initiative” (corporate governance); and Development Bank of the Republic of Belarus for its “School Bus Project” (corporate social responsibility).

Special Awards were given to the Development Bank of Belarus for “Best Annual Report” and Best Website”; DFCC Bank for “Best Sustainability Report”; and Land Bank of the Philippines as “First Payor”.

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