Twelve members win “Outstanding Development Project Awards”

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In recognition for their contribution to the development of their respective countries, twelve (12) member-institutions were pronounced winners of this year’s ADFIAP “Outstanding Development Project Awards” during its 34th Annual Meetings held in Kyrenia, North Cyprus on April 20-23, 2011.

The winners for this year’s Awards were: Fiji Development Bank and Philippine Export-Import Credit Agency for Category 1(Human Capital Development) for their projects “Money Smart” and “Organizational Empowerment Plan”, respectively; Development Bank of Jamaica and Japan Bank for International Cooperation for Category 2 (Environmental Development) for their projects “Jamaica Energy Security and Efficiency Enhancement Project” and “Global Action for Reconciling Economic Growth and Environmental Preservation (GREEN)”, respectively; Small Industries Development Bank of India for Category 3 (SME Development) for its project, “MSME Development with Agenda of Making Markets Work for Indian MSMEs”; Land Bank of the Philippines for Category 4 (Infrastructure Development) for its 3 projects, “Rehabilitation of Existing Level III Municipal Water Supply Distribution System,” “Concreting Farm-to-Market Roads,” and “Construction of Calapan City Public Market Building and Passenger Terminal”; SIDBI Venture Capital Limited for Category 5 (Technology Development) for its projects, “National Venture Fund for Software and IT Industry (NFSIT) and Venture Capital Intervention by Ltd”; Business Development Bank of Canada for Category 6 (Trade Development) for its project “Market Expansion Loan Program”; Development Bank of the Philippines for Category 7 (Local Economic Development) for its project “Supporting Local Growth and Development in Camarines Sur”; National Housing Bank and Tonga Development Bank for Category 8 (Development Finance-led Poverty Reduction) for their projects “Rural Housing Finance” and “Livelihood-Reactivation Post Tsunami Rehabilitation Project (LRP-NTT)”, respectively; and Johor Corporation for Category 10 (Corporate Social Responsibility) for its projects “Waqaf Brigade, “Waqaf An-Nur Hospital and Waqaf An-Nur Clinics”.

Special Citation awards were given to SME Bank Malaysia for its project “I-DAGANG” on technology development and Development Bank of Japan for its project ECONOWA on Environmental -related Club-Deal Syndicated Loan. Special Awards were also given to Johor Corporation for Best Annual Report and IDBI Bank Limited for Best Website.

Bhutan National Bank, Ltd and Small Industries Development Bank of India, were given the Special Recognition Awards for being the First Payor and Top Member Recruiter, respectively.

Congratulations to all!

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