What: AmCham-AusCham Co-hosted Presentation on Monetary Policy
When: Thursday , 22 May 2014, 6.00pm – 7.30pm
Where: CPA Australia Office – Suite 1201 A, 12 Floor, Tower A, Handi Resco Building, 521 Kim Ma, Hanoi
VIETNAM: A TALE OF TWO DEMANDS
“…it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair.” A Tale of Two Cities by Charles Dickens
Vietnam’s Q1 GDP growth numbers emphasize the great divide between its domestic and external demand. The State Bank’s decision to further ease monetary conditions has had a limited effect on tepid credit growth, whilst many banks’ high NPL ratios are weighing on risk appetite, leading to tight credit supply.
AmCham members are invited to join AusCham members at 6pm on May 22 for a presentation on Vietnam’s monetary policy situation by ANZ Bank Vietnam CEO Tareq Muhmood.
About the guest speaker:
Tareg Muhmood is ANZ’s Chief Executive Officer in Vietnam. He brings a wealth of knowledge and experience to this role having worked in the finance industry for more than 19 years in various markets across Asia, the Middle East, North America and Europe. As Vietnam CEO, Tareq is responsible for defining and leading the strategic direction for ANZ’s business growth in the country.
ANZ was the first foreign banks to enter Vietnam in 1993 and the bank has since grown into a leading foreign bank in Vietnam with 11 outlets offering a full range of services covering personal banking, small-to-medium sized business as well as corporate and institutional banking.
Prior to joining ANZ, Tareq spent 17 years with HSBC covering a wide range of management roles and functions, most recently as CEO Brunei where he was responsible for providing the banking requirements for institutional, commercial, private banking, as well as retail customers.
He currently serves as President of AusCham in Vietnam. Tareq graduated from The University of Manchester, England and is also a qualified Interior Designer.
Don’t miss this opportunity to learn more about the inner-workings of Vietnam’s economy. This event is FREE for members and non-members guests may also attend for 100,000 VND. Please register your participation by using the online form below or call AmCham at (04) 3934.2790.