Veerathai Santiprabhob: The role of finance and banking for the prosperity of Asia

Speech by Dr Veerathai Santiprabhob, Governor of the Bank of Thailand, at the Institute of International Finance (IIF) lunch seminar during the 50th Anniversary ADB Annual meeting, Yokohama, 6 May 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Mr. Timothy Adams, President of the Institute of International Finance,

IIF fellows, distinguished guests, ladies and gentlemen,

A very good afternoon to you all.

I am honoured to be here today and be a part of this remarkable event celebrating the 50th anniversary of the Asian Development Bank. I would like to thank the Institute of International Finance for hosting this lunch seminar and for inviting me to share with you my thought. Throughout the past five decadesof the Asian Development Bank, theADBhas beena trusted development partner of the public and private sectors in Asia. Its lending packages, technical assistance along with policy dialogues have been tailored to specific needs of member countries, and have helped reduce poverty and laid foundations for inclusive and sustainable growth in Asia. Evidently, the number of people living in extreme poverty has fallen markedly across Asia throughout the past decades.