Ahead of the 2016 Asian Development Bank annual meeting in Frankfurt, the president of the ADB discusses China’s slowdown and reform agenda while underscoring that other parts of Asia – such as India – are still growing strongly. Interview by Stefania Palma.
View from ADB 2016
Date: May 2 – 5
Location: Frankfurt, Germany
The 49th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) is held in Frankfurt, Germany from May 2 – 5, 2016.
Under the theme "Cooperating for Sustainability", the meeting connects finance and development professionals to exchange ideas and achieve tangible results.
Key discussion points:
- Sustainable development in Asia
- Clean energy and climate change
- Asia-Europe economic cooperation and approaches to finance and infrastructure
- Inclusive and sustainable growth through smart financing of information technology
Stefania Palma, Asia editor at The Banker, reports from this major event providing comprehensive articles and exclusive viewpoints, as well as thought-led discussions with key industry figures.
The Banker’s Asia editor moderated two panel discussions at the ADB Annual Meeting 2016:
- Sustainable Solutions for Micro, Small and Medium-sized Enterprises (MSMEs)
- Asia-Europe Macro Links: Opportunities and Spillovers
Visit The Banker and Nikkei Asian Review booth at the ADB Annual Meeting 2016 and pick up your FREE copy.
ADB seminar - Asia-Europe macro links: opportunities and spillovers
At the Asian Development Bank (ADB) annual meeting in Frankfurt, The Banker's Asia editor Stefania Palma chaired the joint ADB and International Monetary Fund (IMF) seminar on opportunities and spillover risks between Europe and Asia. Representatives from the ADB, IMF, European Central Bank, Deutsche Bundesbank, Standard & Poor's and the Chinese Academy of Social Sciences joined her on stage.
Vietnam is on its way to becoming a heavyweight presence in south-east Asia, with the top ranking for asset growth, while Indonesia retains its crown as the most profitable country in the region.
Asia's rapid development over the past two decades has brought the continent to the brink of becoming the world's economic powerhouse. However, its infrastructure shortfall – believed to be worth $6500bn between 2015 and 2020 – is threatening to hold the region back, unless it can scrape together the required funding to fill this gap.
The launch of the Asean Economic Community has opened up a new wave of opportunities. However, with Western banks pulling back from Asia and domestic banks all-powerful in the region's more developed markets, it may only be the Greater Mekong region that sees any discernible change to its financial landscape in the near future.
The Banker and the Nikkei Asian Review are now sister publications following the Nikkei’s acquisition of the Financial Times in December. We are delighted to present this joint report to coincide with the annual meeting of the Asian Development Bank in Frankfurt in early May.
The banking licences granted by India’s central bank to entities such as telcos, e-commerce companies and microfinance firms are shaking up one of the most traditional banking sectors in the Asia-Pacific region, threatening the dominance of the full-service public sector banks.