A Delegation from the State Bank of Vietnam (SBV) led by Deputy Governor Nguyen Thi Hong attended the 52nd SEACEN Governors’ Conference/High-Level Seminar and the 36th Meeting of the South East Asian Central Banks (SEACEN) Board of Governors (BOG) organized by the South East Asian Central Banks (SEACEN) Research and Training Centre in Nay Pyi Taw, Myanmar, on November 25-29, 2016.
The representatives at the meeting
The 52nd SEACEN Governors’ conference - themed “Monetary Policy Frameworks and Financial Stability” - was a forum for SEACEN Governors, representatives of the International Monetary Fund (IMF), the Bank for International Settlements (BIS) and the Asia Development Bank (ADB) to share their experience in the new emerging economy and finances, with the focus being on the impact of the financial globalization on monetary policy strategies and operations, and stable financial targets within the monetary-policy operation framework of the central banks/monetary agencies of SEACEN member countries.
The 36th BOG meeting approved the program for training, researching, meeting, conference, budgets and other administrative issues for the fiscal year 2017. At the meeting, Governors also approved a proposal to invite the European Central Bank (ECB), as a new strategic partner of SEACEN. In it's efforts toward transformation of the SEACEN Centre, the Governors expressed their hope that SEACEN would develop in due course into a more prominent and efficient institution.
Since becoming a SEACEN member in 2006, the SBV has conducted various policy-exchange activities with member countries to enhance SBV staff capacity through short-term courses, in Vietnam and abroad, on macro-economic management, financial stability, banking inspection, payment system and foreign exchange management. The SBV Delegation greatly appreciated SEACEN’s research projects with regard to practical subjects for central banks such as the improvement of access to financial systems, formulating a mechanism for determining the capital adequacy level of risk prevention, mortgage finance and credit consumption.
Thoa Le