11/20/2009
(Posted by CAAI news Media)
Vietnam officially assumed the presidency of the ASEAN Bankers Association (ABA) for the 2009-2011 term at the 39th meeting of the association in Phnom Penh, Cambodia on November 19-20.
At the event, Pham Huy Hung, Chairman of VietinBank and the President of the Vietnam Banks Association, affirmed that Vietnam will try its utmost to contribute to ABA’s sustainable development and push ABA and ASEAN activities harmoniously to meet the goal of building a successful ASEAN Community by 2015.
Mr. Hung pointed out that ABA always heightens the objective of seeking opportunities and creating conditions for all member banks to develop strongly and dynamically.
The meeting drew the participation of 10 members of association, representatives of finance organisations and senior officials of the Cambodian Government.
Established in 1976, ABA had only five members, namely Indonesia, Malaysia, the Philippines, Singapore and Thailand. The association has developed strongly after admitting the last five ASEAN members: Brunei, Vietnam, Cambodia, Myanmar and Laos.
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