Update Date:2021/08/04
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The Macau Association of Banks ("ABM") was officially established on 20 December 1985 under the advocacy of the well-respected community leader, Mr. HO Yin and with unreserved support from the former Executive Director & General Manager of Tai Fung Bank Limited, Mr. Edmund Hau Wah HO, who became the founding Chairman of ABM. The General Assembly elects the Board of Directors and the Supervisory Board every three years. Under the Board of Directors are the Technical Working Group, the Training and Education Committee, the Sport and Recreation Committee, the Finance Affairs Committee and the Secretariat, which are responsible for ABM's daily operation. Over the past 35 years, ABM has put substantially effort in promoting its functionalities and roles to promote economic development and financial stability in Macao. In recent years, ABM has closely worked with the banking industry and fully cooperated with the Macao S.A.R. government to moderately diversify economic policies to develop featured finance and modern financial services, tackled the typhoon and the COVID-19 epidemic along with all Macao citizens, provided various financial relief measures, helped each other through the difficulties, actively played the role as the Macao's financial service platform and promoted the cooperation between Macao and Portuguese-speaking countries commercial banks. Our achievements have been recognized by the Macao S.A.R. government and the social community. In the future, ABM will cooperate with the Macao S.A.R. government to support the economic development of Macao, build a Sino-Portuguese financial service platform, actively participate in the financial construction of the Guangdong-Hong Kong-Macao Greater Bay Area, and foster further development of the banking industry.