The state-run Agricultural and Rural Development Bank (ARDB) will host the 47th ADFIAP (Association of Development Financing Institutions in Asia and the Pacific) Annual Meeting in May this year. The preparations for the meeting were discussed between ARDB officials and ADFIAP Secretariat via a virtual meeting on Thursday. The 47th ADFIAP Annual Meetings will be organised under the theme 'Development Financing Institutions (DFIs) Role in Sustainable Finance Ecosystem: Cultivating A Climate-Smart and Sustainable Future'. Some 93 institutions from 41 countries as ADFIAP members and other relevant stakeholders in Cambodia are expected to join the meeting. 'The meeting is to update the progress of preparation to Host the ADFIAP 47th Annual Meetings in Cambodia, to be held on May 15-17, 2024,' ARDB said. It is a great honour for the ARDB to host the annual meeting, which underscores the state-run bank's strength and active participation as a member in the past, ARDB said. In 1976, the Association of Developm ent Financing Institutions in Asia and the Pacific (ADFIAP) was established in the form of a non-governmental organisation advising the Economic and Social Council of the United Nations, with a permanent secretariat in Makati, Manila, the Philippines. ADFIAP currently has 90-member development finance institutions from 40 countries in Asia. The ARDB of Cambodia has been a member of ADFIAP since 2005. ADFIAP's mission is to promote sustainable development through the strengthening of institutions and financial functions for development, capacity building of members, and advocacy for financial innovation for development. ARDB has been actively involved in implementing the Cambodian government's policy in providing special financing to support all actors in the agricultural, agro-industrial and socio-economic development chain. Source: Agence Kampuchea Presse
Myanmar Clears Path for Junta Leader to Become President
March 30, 2026