Project ID: 72101

Chinese government funds two-week seminar for Barbados financial sector professionals

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Barbados

Sector

Banking and financial services (Code: 240)

Flow type

Scholarships/training in the donor country

Infrastructure

No

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2016-05-01

Actual start

2016-05-19

Actual complete

2016-06-04

Description

From May 19 to June 4, 2016, twenty Barbadian professionals, from public and private institutions in the financial services sector, attended the two-week 2016 Seminar on Financial Management for Barbados. The event was funded by the Chinese government. This bilateral seminar, the fourth held between China and Barbados, covered topics such as micro-finance, financial market development, financial risk management, and the Chinese finance sector. Though primarily held at the Shanghai Education and Training Centre of Commerce, the seminar also included visits to the Shanghai Stock Exchange, as well as Wuhan and Yichang to learn more about China’s history and culture. From Barbados, representatives were present from the following organizations: the Central Bank of Barbados (eight representatives), the Financial Services Commission, Invest Barbados, the University of the West Indies, the Barbados Chamber of Commerce and Industry, the Barbados Cooperative Credit Union League, the Barbados Investment and Development Corporation, the Ministry of Industry, the Ministry of Finance, the Barbados Youth Business Trust, and Bitt Inc.

Number of official sources

3

Number of total sources

4

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Details

Cofinanced

No

Implementing agencies [Type]

Barbados Investment and Development Corporation (BIDC) [Government Agency]

Barbados Ministry of Finance and Economic Affairs [Government Agency]

Bitt, Inc. [Private Sector]

Barbados Youth Business Trust [NGO/CSO/Foundation]

Barbados Ministry of International Business and Industry (MIBI) [Government Agency]

Barbados Co-operative & Credit Union League Ltd. [NGO/CSO/Foundation]

Barbados Chamber of Commerce and Industry (BCCI) [NGO/CSO/Foundation]

University of the West Indies, Cave Hill Campus [Miscellaneous Agency Type]

Invest Barbados [Government Agency]

Barbados Financial Services Commission [Government Agency]

Central Bank of Barbados [Government Agency]