ADFIMI - An Introduction to ADFIMI


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ADFIMI - An Introduction to ADFIMI

  1. 1. Workshop on Micro Credit Financing and Poverty Alleviation in OIC Member Countries 9-11July 2007, Istanbul AN INTRODUCTION to ADFIMI Nuri Birtek Secretary General ADFIMI
  2. 2. <ul><li>ADFIMI is a non governmental initiative among National Development Finance Institutions (NDFIs) in Member Countries of the Islamic Development Bank (IDB) to establish solidarity among NDFIs in all aspects of development finance . </li></ul>
  3. 3. <ul><li>It is one of five such institutions in the world established under five major regional development banks . </li></ul><ul><li>Established in 1986 as an autonomous international organization with its headquarters in Istanbul, ADFIMI is commemorating its 2 1st Anniversary this year. </li></ul>
  4. 4. <ul><li>57 members in 19 countries </li></ul><ul><li>ADFIMI basically provides training to its </li></ul><ul><li>member organizations in all aspects of </li></ul><ul><li>development finance </li></ul><ul><li>already trained over 1500 officers and senior </li></ul><ul><li>executives of its member NDFIs. </li></ul>
  5. 5. <ul><li>ADFIMI also </li></ul><ul><li>Provides R&D in Development Finance </li></ul><ul><li>Serves as a global forum on development. </li></ul>
  6. 6. <ul><li>Administrative Set up: </li></ul><ul><li>The General Assembly is the Supreme Body of the Association in which all powers necessary to accomplish the objectives of the Association are vested </li></ul><ul><li>The General Assembly meets once a year. </li></ul><ul><li>ADFIMI is governed by a 9-member non- resident Management Committee </li></ul><ul><li>Secretary General is the CEO of the Association </li></ul>
  7. 7. <ul><li>The Association is supported by membership fees, by voluntary donations and by co-sponsorship of its members </li></ul><ul><li>Subscription fees are based on NDFIs assets . </li></ul>
  8. 8. <ul><li>OBJECTIVES </li></ul><ul><li>Promotion of cooperation and networking among members in all aspects of development financing. </li></ul><ul><li>Conducting training programmes for the improvement of members' human resources and institutional development </li></ul><ul><li>Conducting research on development financing, promotion of innovation and dissemination of best practices among members . </li></ul>
  9. 9. Hammame t Three Year Training Programme Antalya Project Identification, Preparation, Appraisal, and Management Baku Project Appraisal Putrajaya &quot;Leadership Role&quot; and &quot;Privatization of Banks&quot; Antalya Rehabilitation of Problem Projects Sharm Al-Sheikh Total Relationship Management Karachi WTO, Basel II and the Financial Sector Industry Girne Personal Development for Executives Hammame t Managing Strategic Change Lebanon Bank Credit Risk Management Kuala Lumpur Project Management Methodologies in the Third Millennium Tehran The Basel Committee on Banking Supervision, WTO, and Breton Woods Institutions Antalya Training of Trainers Amman Preparation and Control of Bank Customer Budgets Kuala Lumpur Advanced Corporate Credit Analysis Dhaka Project Management Karachi Advanced Corporate Banking (Finance) Hammamet Negotiation Skills Washington D.C. Trainer in Development Banking Antalya The Globalization Challenges of the 3rd Millennium Cairo Problem Solving & Decision Making Amman Financial Analysis PLACE SUBJECT
  10. 10. Time Management Training of Trainers Project Appraisal & Evaluation Financing of SME Projects Team Building Financial Risk Management Strategic Management for NDFIs Financial Analysis for Corporate Finance State of the Art in Sustainable Development and DFIs , Entrepreneurship Development Role of DFIs in Poverty Alleviation Credit Risk Management Rehabilitation of Problem Projects Corporate Governance P roject Management Corporate Banking P r oblem solving and Decision Making Computer Spreadsheet Analysis for Banking Operation Negotiation Skills Change Management Money Laundering Risk Management Budgeting and Financial Control Advanced Corporate Finance and Project Finance Branch Management Management Information Systems Project Evaluation Labour Standards in Development Finance Basic Foundation Course for NDFIs Newly Recruited Islamic Modes of Financing Basel II Internal Audit Issues & Challenges Asset Liability Management in Banks Industrial Credit and Project Financing Advanced Finance Statement Analysis Human Resource Management and Development Micro Finance
  11. 11. <ul><li>SUDAN </li></ul><ul><ul><li>AGRICULTURAL BANK OF SUDAN </li></ul></ul><ul><ul><li>EL-NILEIN INDUSTRIAL DEV.BANK OF SUDAN </li></ul></ul><ul><ul><li>INDUSTRIAL DEVELOPMENT BANK OF SUDAN </li></ul></ul><ul><ul><li>OMDURMAN NATIONAL BANK </li></ul></ul><ul><ul><li>THE STRATEGIC RESERVE CORPORATION </li></ul></ul><ul><ul><li>FINANCIAL INVESTMENT BANK OF SUDAN </li></ul></ul><ul><li>TUNUSIA </li></ul><ul><ul><li>BANQUE NATIONAL AGRICOLE TE TUNISIE </li></ul></ul><ul><li>TURKEY </li></ul><ul><ul><li>INDUSTRIAL DEVELOPMENT BANK OF TURKEY </li></ul></ul><ul><ul><li>TÜRKİYE KALKINMA BANKASI </li></ul></ul><ul><ul><li>TÜRKİYE CUMHURİYETİ ZİRAAT BANKASI </li></ul></ul><ul><ul><li>EXPORT CREDIT BANK OF TURKEY </li></ul></ul><ul><ul><li>TÜRKİYE VAKIFLAR BANKASI </li></ul></ul><ul><ul><li>TÜRKİYE HALK BANKASI </li></ul></ul><ul><ul><li>NUROL YATIRIM BANKASI </li></ul></ul><ul><li>TURKISH REPUBLIC OF NOTHERN CYPRUS </li></ul><ul><ul><li>KUZEY KIBRIS TÜRK CUM. KALK.BANKASI </li></ul></ul><ul><li>UGANDA </li></ul><ul><ul><li>UGANDA DEVELOPMENT BANK </li></ul></ul><ul><li>YEMEN </li></ul><ul><ul><li>COOPERATIVE & AGR. CREDIT BANK (CACBANK) </li></ul></ul><ul><ul><li>HOUSING CREDIT BANK OF YEMEN </li></ul></ul><ul><li>ASSOCIATE MEMBERS </li></ul><ul><li>SAUDI ARABIA </li></ul><ul><ul><li>ISLAMIC DEVELOPMENT BANK </li></ul></ul><ul><li>PAKISTAN </li></ul><ul><ul><li>ZARAI TARAQIATI BANK LIMITED </li></ul></ul><ul><li>TURKMENISTAN </li></ul><ul><ul><li>TURKMEN - TURKISH COMMERCIAL BANK </li></ul></ul><ul><li>BANGLADESH </li></ul><ul><ul><li>RUPALI BANK </li></ul></ul><ul><ul><li>BANK OF SMALL IND. & COM (BASIC) </li></ul></ul><ul><li>TURKEY </li></ul><ul><li>IŞ LEASING </li></ul><ul><li>ORDINARY MEMBERS </li></ul><ul><li>AZERBAIJAN </li></ul><ul><ul><li>UNIBANK </li></ul></ul><ul><ul><li>AZERIGAZBANK </li></ul></ul><ul><ul><li>RABITABANK </li></ul></ul><ul><ul><li>ATABANK </li></ul></ul><ul><ul><li>BANK RESPUBLIKA </li></ul></ul><ul><li>BANGLADESH </li></ul><ul><ul><li>BANGLADESH FINANCE & INVESTMENT CO. LTD </li></ul></ul><ul><ul><li>BANGLEDSH KRISHI BANK </li></ul></ul><ul><ul><li>SAUDI - BANGLADESH IND & AGR INV CO LTD </li></ul></ul><ul><ul><li>BANGLADESH SHILPA RIN SANGSTHA </li></ul></ul><ul><ul><li>PHOENIX LEASING COMPANY LTD </li></ul></ul><ul><li>CAMEROUN </li></ul><ul><ul><li>SOCIETE NATIONALE D'INVESTISSEMENT </li></ul></ul><ul><li>EGYPT </li></ul><ul><ul><li>INDUSTRIAL DEVELOPMENT BANK OF EGYPT </li></ul></ul><ul><li>IRAN </li></ul><ul><ul><li>BANK OF INDUSTRY & MINE </li></ul></ul><ul><ul><li>BANK KESHAVARZI </li></ul></ul><ul><li>MALAYSIA </li></ul><ul><ul><li>BANK PERUSAHAN KECİL & SED. MAL. BERHAD </li></ul></ul><ul><ul><li>BANK PEMBANGUNAN MALAYSIA BERHAD </li></ul></ul><ul><ul><li>BANK PERTANIAN MALAYSIA </li></ul></ul><ul><ul><li>BANK KERJASAMA RAKYAT MALAYSIA BERHAD </li></ul></ul><ul><li>OMAN </li></ul><ul><ul><li>OMAN DEVELOPMENT BANK </li></ul></ul><ul><li>PAKISTAN </li></ul><ul><ul><li>INDUSTRIAL DEVELOPMENT BANK OF PAKISTAN </li></ul></ul><ul><ul><li>PAKISTAN IND. CREDIT & INVEST. CORP. (PICIC) </li></ul></ul><ul><ul><li>SAUDI - PAK INDL & AGR. INVESTMENT </li></ul></ul><ul><ul><li>SME BANK LTD </li></ul></ul><ul><ul><li>PAK KUWAIT INVESTMENT </li></ul></ul><ul><ul><li>PAK-OMAN INVESTMENT </li></ul></ul><ul><ul><li>SAUDI PAK LEASING COMPANY </li></ul></ul><ul><ul><li>FIRST CREDIT BANK </li></ul></ul><ul><li>RUSSIA </li></ul><ul><li>BADR-FORTE BANK </li></ul><ul><li>SOMALIA </li></ul><ul><li>SOMALI DEVELOPMENT BANK </li></ul>
  12. 12. <ul><li>BENEFITS of ADFIMI MEMBERSHIP </li></ul><ul><li>FOR THE CHIEF EXECUTIVES </li></ul><ul><li>ADFIMI members attend its Annual General Meeting concurrently held with the Annual Meetings of the Islamic Development Bank Group </li></ul><ul><li>Executives thus get the opportunity to meet the IDB Executives and Governors of Central Banks and Finance Ministers </li></ul><ul><li>Each CEO get s the opportunity for a one-to-one meeting with any organization and of forming strategic alliances </li></ul><ul><li>They further become acquainted with the most recent developments in the world of banking and the global economy. </li></ul>
  13. 13. <ul><li>BENEFITS of ADFIMI MEMBERSHIP </li></ul><ul><li>FOR THE STAFF </li></ul><ul><li>T raining programmes for NDFIs are organized throughout the year </li></ul><ul><li>For the members of ADFIMI, the training is almost free of cost except the travel expenses </li></ul><ul><li>The staff also get acquainted with their co unt erparts from different countries </li></ul>
  14. 14. <ul><li>BENEFITS of ADFIMI MEMBERSHIP </li></ul><ul><li>FOR THE NDFIs </li></ul><ul><li>Members are entitled to free access to research and development work carried out by ADFIMI on various issues related to banking, trade and investment </li></ul><ul><li>ADFIMI is a member of World Federation of Development Finance Institutions (WFDFI) along with other associations formed under other regional development banks and members can make use of this facility </li></ul><ul><li>There is a prestige and credibility attached to being a member of a Regional Association and ADFIMI membership provides such a prestige </li></ul>
  15. 15. MEMBERSHIP PROCEDURE 1- A cover letter signed by the CEO of the institution declaring the interest to become a member of ADFIMI 2- Sign the Memorandum of Agreement 3- Fill in the Questionnaire 4- Provide an audit report or the annual report of the institution for the year immediately preceeding the year the application being submitted 5- A document showing that one time membership fee and the subscription fee for the first year has been deposited into the ADFIMI’s account
  16. 16. <ul><li>MEMBERSHIP FEES </li></ul><ul><li>Ordinary Members: </li></ul><ul><li>Membership Fee (once)    500 USD  </li></ul><ul><li>Annual Subscriptions: </li></ul><ul><li>      Total assets up to US$ 100 million 2.400 USD </li></ul><ul><li>Total assets US$ 100 million - US$400 million 4.800 USD </li></ul><ul><li>Total assets US$ 400 million - US$700 million 7.200 USD </li></ul><ul><li>Total assets above US$ 700 million 12.000 USD </li></ul><ul><li>Associate Members: </li></ul><ul><li>Membership Fee (once)    500 USD  </li></ul><ul><li>Annual Subscription: 1.200 USD </li></ul>
  17. 17. <ul><li>SUMMARY </li></ul><ul><li>Financing is a crucial aspect of development </li></ul><ul><li>Development finance institutions in IDB Member Countries have formed ADFIMI in 1986 to cooperate in matters of common interest in all aspects of development financing </li></ul><ul><li>ADFIMI provides </li></ul><ul><li>- training programmes </li></ul><ul><li>- networking among member institutions </li></ul><ul><li>- access to R&D work </li></ul><ul><li>- dissemination of good practices </li></ul><ul><li>- a forum for development </li></ul><ul><li>Institutions dealing in development finance are invited to join ADFIMI and to share their experiences with us. </li></ul>
  18. 18. THANK YOU ADFIMI www. adfimi .org Saka Mehmet Sokak 33-39 Sultanhamam, Eminönü 34116 ISTANBUL Ph: +90 212 526 51 26-7 Fax +90 212 526 51 28 E-mail : [email_address] info @ adfimi .org