Bank of Maldives Successfully Concludes ABA Conference and Takes Over Vice Chairmanship


Maldives
PUBLISHED November 20, 2018

The 35th Asian Bankers Association (ABA) General Meeting and Conference which was held from 15th 16th November 2018 at Kurumba Maldives have concluded successfully with Bank of Maldives taking over the Vice Chairmanship of ABA for the next two years.

Bank of Maldives was this years host bank and the conference carried the theme "Banking in Asia The Next Frontier".Renowned international speakers from the banking and financial services industry shared their insights into technological advancements which are revolutionising banking as well as the evolving risks faced by the financial industry.

The conference which saw over 100 participants from 25 countries, including CEOs and the heads of some of Asias biggest financial institutions,  was the first international banking event of its kind ever held in the Maldives.

"This years conference was a milestone event for ABA as it marked the first time we have gathered in the Maldives since our Association was founded in 1981," said Daniel Wu, Chairman of ABA.

"Bank of Maldives were wonderful hosts and I congratulate the Bank on being elected to take over the Vice Chairmanship of ABA for the next two years. In this regard, I also congratulate Hatton National Bank, Sri Lanka on being elected to the chairmanship."

Bank of Maldives is the largest financial institution in the Maldives and commands a leading market share in both the corporate and retail banking segments. The Bank is a technology leader and was the first bank in the country to offer advanced digital banking services. 

With the Maldives very tech-savvy population, 9 out of 10 transactions in the Bank take place online today. Bank of Maldives also invests more resources to support the local community than all other banks in the country combined.
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