Story perspectives

Asia Banking Conclave Celebrates Awards for Excellence and Innovation

9/4/2025

Summary

Story summary

The Emerging Asia Banking Conclave focused on responsible AI and SME growth in the BIMSTEC region.
Amana Bank Chairman Asgi Akbarally highlighted the importance of their Best Bank award and non-interest-based banking model.
Pubali Bank PLC received multiple awards, including Best Bank and Asset Quality, reflecting their commitment to service excellence.
The awards ceremony occurred in New Delhi, partnered with Sri Lanka's Association of Professional Bankers.
PwC conducted a rigorous evaluation process to ensure fairness for all BIMSTEC entries.

History

Historical Context

India's economic liberalization in 1991 initiated significant market reforms, transforming banking practices in South Asia. The Reserve Bank of India encouraged private sector involvement, leading to the establishment of banks like Pubali Bank PLC. The ongoing Emerging Asia Banking Conclave highlights this evolution, focusing on responsible AI and SME growth in the BIMSTEC region, reflecting a commitment to innovative banking solutions.

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Story summary

The Emerging Asia Banking Conclave focused on responsible AI and SME growth in the BIMSTEC region.
Amana Bank Chairman Asgi Akbarally highlighted the importance of their Best Bank award and non-interest-based banking model.
Pubali Bank PLC received multiple awards, including Best Bank and Asset Quality, reflecting their commitment to service excellence.
The awards ceremony occurred in New Delhi, partnered with Sri Lanka's Association of Professional Bankers.
PwC conducted a rigorous evaluation process to ensure fairness for all BIMSTEC entries.

1 / 2