On May 21, 2024, the Taiwan Academy of Banking and Finance (TABF) and the Central Bank of Eswatini (CBE) officially signed a landmark Memorandum of Understanding (MoU) at the TABF headquarters. This pivotal collaboration marks a significant milestone in financial talent development, research, and educational training, aiming to enhance the financial systems of both nations.
On May 21, 2024, the Taiwan Academy of Banking and Finance (TABF) and the Central Bank of Eswatini (CBE) officially signed a landmark Memorandum of Understanding (MoU) at the TABF headquarters. This pivotal collaboration marks a significant milestone in financial talent development, research, and educational training, aiming to enhance the financial systems of both nations.
The MoU was signed by Dr. Hank Chung-Che Huang, President of TABF, and Dr. Philemon F. Mnisi, Governor of the Central Bank of Eswatini. The ceremony was witnessed by Dr. Jain-Rong Su, Chairman of TABF, along with Deputy Director-General Chen Yung-Po of the Department of West Asian and African Affairs from the Ministry of Foreign Affairs, and other distinguished guests from the Kingdom of Eswatini.
The Central Bank of Eswatini, as a leading financial institution in its country, is dedicated to developing financial talent through superior education and training services in the banking and finance sectors. Following its initial visit to Taiwan in early March, the Central Bank of Eswatini has been proactive in establishing bilateral financial cooperation. This MoU signifies the first collaboration in the financial sector between Taiwan and Eswatini, particularly focusing on financial talent development and inclusive financial education, areas where Eswatini seeks to learn from Taiwan’s expertise.
Chairman Su emphasized that the signing of this MoU is a historic milestone in supporting Taiwan’s important ally, Eswatini. This partnership will not only bring Taiwan's expertise and systematic approach in financial talent training to Eswatini, aiding in the construction of its financial talent development infrastructure and fostering innovation, but also leverage Eswatini's influence in the African region and its participation in international financial organizations. Both parties will explore collaborative opportunities in international financial initiatives and forward-looking fields, promoting Taiwan’s financial industry's participation in global markets and initiatives.
The successful signing of this MoU marks the beginning of a significant partnership in financial talent development between Taiwan and Eswatini. Together, they will contribute to building a more resilient and agile financial ecosystem, paving the way for mutual growth and development in the international financial arena.