Banking information provider BAFT-IFSA and the Latin American Banking Federation (Felaban) have renewed their collaborative alliance.
The collaboration, which began in November 2008, sees greater interaction, cooperation and joint problem-solving between members of the two groups, such as promoting the universal adoption of industry tools that facilitate stronger client relationships.
Other aims of the collaboration are coordinating trade finance advocacy efforts and collaborating on a benchmarking survey.
Both groups consist of several common members, similar programmes and services and help members weather the global financial crisis, as Howard Bascom, chair of the board of directors for BAFT-IFSA comments: “The alliance developed prior to the global financial crisis and provided significant value to members during that time.
“Today’s agreement ensures that we will benefit from continued cooperation throughout the year. Through our close working relationship with Felaban, we will continue to explore additional areas to broaden our cooperation to further improve the value proposition for our respective members.”
“Continuation of this alliance is essential for achievement of our shared goals,” says Felaban president Ricardo Marino. “We look forward to another productive year.”
Reader Comments