SLBA signs MoUs

The Sri Lanka Banks’ Association (SLBA) Chairman and Hatton National Bank Managing Director R. Theagarajah entered into a Memorandum of Understanding with Asian Bankers’ Association (ABA) as well as the Bankers Association of the Republic of China (BAROC).

The ABA Chairperson Susan S. Chang signed the MoU on behalf of the two institutions.

The ABA currently has a membership of over 100 of the leading banks from 23 countries in the Asia Pacific region. Theagarajah is also the Vice Chairman of the Board of Directors of the ABA.

Under this MoU the three associations will endeavour to promote mutual exchange of information and co-operation including analysis of financial potential and identify all possibilities and opportunities for Sri Lanka and member countries of the ABA, to realize joint projects.

In addition, co-operation in the area of training of officers through joint forums, workshops, conferences and seminars will be considered.