Financial Institutions Association of Bhutan

PURPOSE: - To promote, advance and protect the common interests of financial service provider in the in the country and to represent as a forum and as a collective voice for the financial institutions in addressing specific problems and policy issues at the national, regional and international levels. OBJECTIVES: - Represent issues of common interest of banking, pension, insurance ,reinsurance ,fund management and any other interest of member institutes. - Promote and develop sound and progressive banking, financial and insurance (BFI) principles , practices ,conventions and to contribute to the development of creative BFI services. - Coordinate and cooperate on procedural , legal , technical , administrative or professional issues and practices of BFI industry. - Develop and implement creative and innovative ideas in BFI services, operations and procedures. - Promote harmonious personnel relations in BFI industry and devise ways and means for involving BFI personnel in the endeavors of BFI for growth and development of BFI sector and the economy of the country. - Act as a clearinghouse for dissemination and exchange of statistical data, information, views and opinions on the systems, procedures and practices, and organization and methods of banks and on the structure, working and operations of the BFI System. - Provide the basis for the sector’s engagement with the stakeholders. - Provide regulatory and policy feedbacks to the regulators. - Contribute towards strengthening corporate social responsibility in the society. - Any other objectives that may be adopted by the Association from time to time.

Registration number

CSOA/MBO-06

Organisation type

Mutual Benefit Organisation

Registered on

6 December 2017

Certificate valid from

12 January 2026

Certificate valid to

12 January 2027

Membership

Membership based

Location

Thimphu

Email

fiab@gmail.com

Phone

+975 02336630