ADFIP PRESENTATION PACIFIC MICROFINANCE WEEK PLENARY OPENING SESSION

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ADFIP PRESENTATION PACIFIC MICROFINANCE WEEK
PLENARY OPENING SESSION

• 28th AUGUST 2007
• PORT MORESBY, PAPUA NEW GUINEA

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About ADFIP

• ADFIP The Association of Development Financing
  Institution in the Pacific was established in
  1986
• Aim to provide a point/locus of communication
  for member Development Financing Institutions
  (DFIs) to disseminate information and exchange
  ideas for the improved functioning and efficiency
  of its members

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ADFIPs Vision

• To provide the highest standard of recognized
  professional services to its members.
• It will anticipate and effectively respond to
  changes and create opportunities for the future
  and advancement of each DFI.
• The increased prosperity will enhance the
  economic development of Pacific Island nations.

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ADFIPs Mission

• To conduct ADFIPs activities with integrity
  addressing current and social concerns
• To provide resources and services appropriate to
  assist in the technical and professional
  operation of member organisations of the ADFIP

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ADFIPs Mission

• ADFIP aims to anticipate and effectively respond
  to current trends and changes.
• To maintain the highest quality of performance
  and service towards the coordination and
  mobilization of resources.
• To provide training, conferences, exchanges and
  advisory services to ADFIP members and other
  organisations

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What is Development Financing?

• It is a specialized area of banking with the main
  emphasis on promoting growth and diversification
  of the economy.
• This often involves assisting those who might not
  normally qualify for commercial bank credit.

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Micro financing

• New frontier for development finance
• Provision of access to financial services for the
  unserved and underserved market sector
• Local knowledge and market perspective that
  understands the needs and preferences of the
  targeted client group and designs appropriate
  products to meet them

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Membership

• At present, there are 17 members
• 14 Ordinary Members
• 3 Special Members
• Development Bank from the following Countries
  Cook Islands, Kiribati, Samoa, American Samoa,
  Tuvalu, PNG, FSM, Fiji, Marshall, Palau, Niue,
  Tonga, European Investment Bank, Caledonia,
  Socredo

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ADFIP Annual Meets

• In light of what was said earlier, ADFIP members
  meet annually to exchange experiences and discuss
  issues of common interest.

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2007 Conference Theme

• 2007 Host National Development Bank, PNG
  (former Rural Development Bank)
• Theme Reforming Development Financing
  Institutions in the Pacific
• Significant to the reformation of NDB new name,
  logo, website and a prospective future

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Pacific Micro Finance Week

• Promoting the provision of inclusive and
  sustainable financial services in the Pacific
  in line with the role of DFIs
• Thank PNG ADB, PNG Institute of Banking and
  Business Management for the sponsorship ADFIP

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Thank You