SPECIAL FEATURE: ADFIAP AWARDS WINNERS

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Valuing human capital the PNB way

Perbadanan Nasional Berhad (PNB) knows the value of human capital for a business to thrive. Hence, it developed the “Talent Management Program” (TMP) as part of its competency framework to continuously enhance the competency, capability, and professional capacities of its staff. The program is composed of two major parts – the Certified Training Professional (CTP) Program for PNS staff as well as the Scholarship Program for PNS staff to further their studies. The CTP is being offered in collaboration with the Institute of Professional Managers, UK (IPMA). A successful participant of the CTP is being awarded a certificate upon satisfactorily completing a five-module competency-based skills development program that lasts for five days and the submission of a set of required certification reports indicating the demonstration and application of the set of training competencies in an actual work-related setting within 45-day post-training assessment period. Todate, there are already 20 selected PNS staff who have completed the CTP program and have been certified as training professionals by IPMA, UK. In 2013, these certified trainers have successfully conducted 17 franchise related training programs organized by PNS Academy with 251 participants. Aside from the training programs they have conducted internally for PNS, they were also invited to conduct over 60 external training programs and speaking engagements with attendance of more than 7,000 participants. For the scholarship component of the TMP, the Bank has awarded scholarship studies to 43 staff, spending USD409,000. Continuous development of its staff in terms of knowledge, skills and competency has always been a paramount priority to PNS. In 2014, the staff has been further encouraged not to limit themselves to universities’ post-graduate programs but also to obtain professional certification related to their skills and job scope. PNB’s “Talent Management Program” was the winner of the ADFIAP Outstanding Development Project Award in 2014 under the Human Capital Development category.

IDBI Bank takes the lead in green banking in India

IDBI Bank is leading the pack when it comes to environmental banking in India and has been active in this field for over 20 years now. As part of its pioneering role, the Bank has taken initiatives for funding all potential Clean Development Mechanism (CDM) projects based on clean technologies like renewables, solar cell/module projects, co-generation, energy efficiency equipments projects, etc. To further enhance involvement in this field, the Bank has created an exclusive group working on climate change and. more specifically, on carbon credits advisory services to clients to deal with CDM/carbon credits of the Kyoto Protocol and Voluntary Emission Reductions (VERs) authorities. This group has devised a structured product for providing upfront finance against the carbon credit receivables. It provides assistance to the eligible CDM projects against future carbon credit receivables for meeting working capital and capital expenditures during the interim period till carbon credits are generated, received from the United Nations Framework Convention on Climate Change (UNFCCC) and delivered to the buyers. The product has helped CDM projects ensuring cash flow for long term sustainability of their business besides assisting them to procure clean technology and reduce green house gases (GHG). This product has been well accepted by the Indian project developers. IDBI Bank has been one of the few public sector banks/FIs signatories to the Carbon Disclosure Project (CDP) as part of its initiative to promote responsible business by striving towards a low-carbon future. In addition, the Bank has been taking various initiatives for the reduction of its carbon foot prints which includes the introduction of energy saving lighting, installation of solar water heaters, encouraging steps towards creating awareness for water and energy conservation, and circulation of annual report online to its stakeholders. IDBI Bank’s project on “Initiative for Low-carbon Business Sustainability through Environmental Banking” won ADFIAP’s Outstanding Development Project Award 2014 under the Environmental Development Category.

NPPF promotes green development through hydropower

The Bhutan-based National Pension and Provident Fund (NPPF) is aware of the ecological crisis our planet is facing today and this prompted NPPF to venture in a project that is not related to its mandate as an organization responsible for the management and administration of the civil and the armed forces old age retirement plans. The 126 MW Dagachhu Hydro-power Project is the world’s first cross-border clean development mechanism (CDM) initiative. The NPPF takes pride in having undertaken this project that will help minimize threats and educate about environmental risk to a greater mass and promote environmental progress across the borders with India. Since most of the power generated in Bhutan is exported to India, the Dagachhu project is expected to help meet the demand of power and reduce green house gas emissions in India as well as reduce carbon dioxide (CO2) emissions by 500,000 tons per year. In addition, the project promotes green trade and a green economy as well as stimulates low carbon growth, diffusing low carbon technology and exploring green power for innovative and green sustainable development. NPPF is looking forward to investing to more CDM projects with the belief that living as one in this world in every one’s responsibility. NPPf’s “From the Strength of Hydro-power to Sustainable Green Development: Dagachhu Hydro-Power Project in Bhutan” was the winner of the ADFIAP Sustainable Project Awards in 2014 under the Environmental Development category.

Financing SME projects is core to BIM’s development role

The Bank of Industry & Mine (BIM) is providing an all out support to finance small and medium enterprises (SMEs). This is manifested in the multi-million dollar SME projects financed by the Bank. These projects included the “Vahdat Sabz Kordestan” (production of pressed bricks for building construction) US$308,000, with 13 employees; “Sisakhat Chevil Cheshmeh” (packing mineral water) US$439,000, with 30 employee; “Mobtakeran Jahanasan” (production of nylon and plastic bags) US$229,000 with 20 employees; “Behbood Maaden Pars” (production of Bentonit Powder and other micronized and super micronized powders) USD362,000 with 49 employees; “Sherkate Looleh Profiles Naghadeh” (production of different kind of steel carbonic pipe and cans) US$804,000 with 18 employees; and “Sherkate Sahar Sanat Shargh” (production of different kind of dairy products) US$804,000 with 20 employees. BIM’s “SME Development Projects” was winner of the ADFIAP Outstanding Development Project Awards 2014 under the SME Development category.

LANDBANK supports PPP for school infrastructure project

Land Bank of the Philippines (Landbank) recognizes the critical role of basic education in the country’s socio- economic and political development, hence the provision of financing facility for the Department of Education (DepEd) Public-Private Partnership for School Infrastructure Project (PSIP) Phase I. DepEd-PSIP Phase I is one of the priority projects of Philippine government under its flagship program – Public-Private Partnership (PPP). An infrastructure PPP, the DepEd-PSIP Phase I involves the design, financing, and construction of about 9,300 one-storey and two-storey classrooms, including toilets, furniture and fixtures, in the country’s Region I, III, and IV-A. Under the build-lease-transfer structure of the PPP, the project includes a PhP16.28 billion (US$369 million) lease arrangement spanning a period of 10 years. Lanbdbank extended a Php1.5 billion (US$34 million) financing facility to Citicore-Megawide Consortium, Inc. (CMCI), the private partner who won the PhP12.83 billion (US$290.8 million) lease contract Packages B and C under the DepEd PSIP Phase I project. These two packages involved the construction of a total 6,544 classrooms in various cities, municipalities and provinces covering Regions III and IV-A. This project highlights the government’s support to prioritize the provision of basic education as well as demonstrates the benefits of fostering partnerships among the public and private sectors, and civil society through projects and initiatives aimed at delivering basic education as means to achieve the national goals of poverty reduction and equitable wealth distribution. Initially, the project will address the shortage in classrooms of public schools; supplements DepEd’s program by reducing the current backlog of around 66,800 classrooms in public schools nationwide; narrow down the wide disparities in classroom-student ratios across the country; achieve the ideal classroom-student ratio; arrest the classroom backlog which is estimated to increase to 148,665 by 2016; and to provide financing assistance to the private sector involved in the PPP projects of the government and in the process to contribute to the country’s attainment of its medium-term plan (Philippine Development Plan) and the Philippine President Benigno Aquino III’s Ten-Point Agenda for Basic Education. Landbank’s “Financing Facility for the Department of Education (DepEd) Public-Private Partnership for School Infrastructure Project (PSIP) Phase 1 was winner of the ADFIAP Outstanding Development Project Award 2014 under the Infrastructure Development category.

Exim India ups support for start-up technology businesses

The Export-Import Bank of India (Exim India) has been providing financial assistance to support budding entrepreneurs, most especially those involved in socially-relevant technologies which are still in their initial stages. For instance, Exim Bank has supported a start-up business working on a product called “Avaz”, widely accepted as one of the leading solutions for assisted speech for children with disabilities. In addition, it also supported a start-up business designing solar-based energy efficient products adopting optical and electronic technology for creating affordable products for rural markets. The Bank has taken up a holistic approach toward augmenting exports from SMEs, many of which are by way of financing start-ups that present good potential to grow and survive. This includes financing innovative business plans to encourage emergence of innovative businesses. The Bank’s support has provided a strategic thrust to technopreneurs while helping it to cement its position as a pioneer DFI. Exim Bank’s “Financing Rural Technology Business Incubatees” was winner of the ADFIAP Outstanding Development Project Awards 2014 under the Technology Development Category.

NHB sets up Rural Housing Fund for the homeless

The National Housing Bank (NHB) of India has been keen in providing housing finance for the homeless people in the rural areas of India. This has prompted the Bank to formulate a scheme called the “Rural Housing Fund” (RHF) to refinance housing loans for people in the rural areas. Between 2008-09 and 2012-13, RHF has received funding amounting to 12,778.18 crores which has been used for the refinance of rural housing for the target groups. With the creation of the RHF, many housing finance institutions in India have been persuaded to increase their housing loan portfolios in rural areas. Under the other flagship housing scheme of the Bank – the Golden Jubilee Rural Housing Refinance Scheme – it has disbursed an amount of 12475.05 crores during the period 2008 to 2013. 44% of the NHB’s refinance assistance program is towards rural housing. NHB’s “Rural Housing Finance” was winner of the ADFIAP Outstanding Development Project Awards, under the Development Finance-led Poverty Reduction category.

DBP provides higher education financial assistance

In pursuing its Corporate Social Responsibility (CSR) agenda, the Manila-based Development Bank of the Philippines (DBP) has designed the “DBP Higher Education Loan Program for Students (DBP-HELPS)” to provide financial assistance in the form of educational loan to deserving students in the tertiary level through lending to qualified Educational Institution (EI). This is a scheme that extends loan or credit to deserving students who are entering freshman college or tertiary students with college units earned. This program is an extension of the DBP Endowment for Education Program (DEEP) intended to fast track compliance with the Philippine government’s Millennium Development Goals (MDG). DBP-HELPS adopts the DEEP’s general framework design and policy initiatives to develop the country’s human capital into productive and competitive global citizens. Greater flexibilities are thus exercised under this program to enable a broader base of qualified student borrowers to access funding assistance for higher education. DBP-HELPS shall cater to a market niche of student borrowers possessing capacity to borrow and repay loan. An eligible Educational Institution (EI) borrower should be owned by Filipino citizens organized under the Philippine laws with at least seventy percent (70%) of its capital stocks owned by citizens of the Republic of the Philippines, and should satisfy the following minimum requirements: transparency and good governance practices; proven level of excellence; tie up with employers/manning companies; absorptive capacity to implement the DBP HELPS; strong support for the DBP HELPS advocacies; and track record of performance. While student borrowers, to be qualified under the DBP HELPS, must possess the following minimum qualifications: at least high school graduate; of good moral character, excellent academic performance; and mental and physical fitness to undergo and complete the program. With only one year of implementation, this program has accumulated a total of almost PhP400 million projects in the pipeline covering almost 1,000 student borrowers enrolled in 16 educational institutions (EI) under various selected courses. Over 50% of the student borrowers are into maritime education to support the huge demand for Filipino seafarers. DBP’s “Higher Education Loan Program for Students (DBP-HELPS) was winner of the ADFIAP Outstanding Development Project Award 2014 under the Development Finance-led Poverty Reduction category.

LANDBANK contributes to the National Greening Program

The Land Bank of the Philippines (Landbank) is aware of the massive deforestation in the country’s forests. To address this issue, the Bank entered into a Memorandum of Agreement (MOA) with the Department of Environment and Natural Resources (DENR) in August 2006, for the “Adopt-A-Watershed Project” covering 14 hectares of denuded forestlands in six (pilot areas nationwide). The MOA expired in 2011 and a terminal report submitted by the DENR in 2011 has shown success of the project. The same report recommended that the project be expanded as part of the National Greening Program (NGP) of the Government. Thus, Landbank and DENR renewed its partnership in 2012 for a three-year “Adopt-A-Watershed Program II” (2012-2015) that will rehabilitate a total of 40 hectares of denuded forests in six (6) sites nationwide (2 sites for each of the three major islands in the country: Luzon, Visayas and Mindanao). In 2013, the program continued to progress in its second year. In celebration of Landbank’s 50th Anniversary, a special tree-planting project, dubbed “50@50” was conceived. The tree-planting project, which complemented the Bank’s existing “Adopt-A-Watershed Program”, mobilized Landbank volunteers and their families in planting 50,000 seedlings in selected watersheds all over the country from January 17 until August 10, 2013. The DENR provided seedlings free of charge, together with preparation of the planting site. Like the “Adopt-A-Watershed Program (Phases I, II)”, the tree planting is Landbank’s contribution to the NGP of Philippine President Benigno Aquino III. The “Adopt-A-Watershed Program Phase II” is an improvement from Phase I since it is now a tripartite agreement among Landbank, DENR and the respective People’s Organization (PO)currently residing in the area. Involving POs in the area ensures that the seedlings are taken care of (e.g., weeding, fertilizer application) in the plated sites, ensuring a higher rate of survival. The POs also receive some token amount as incentive for their efforts. During the Phase I of the program (2005-2010), hardwood tree species were planted in the watersheds, while in Phase II fruit-bearing trees were introduced so that the upland dwellers/communities may benefit from the fruits of the trees. Families and friends of Landbank employees were invited/encouraged to participate, fostering volunteerism and camaraderie. Landbank’s “Adopt-A-Watershed Program II/50k50th” was winner of the ADFIAP Outstanding Development Project Award 2014 under the Corporate Social Responsibility Category.

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