FOR IMMEDIATE RELEASE
Chinese Bankers Attend ICBA Convention for U.S. Community Banks
San Diego, Calif. (March 16, 2004) - Eight delegates from the Banking Accounting Society of China joined U.S. community bankers at the Independent Community Bankers of America National Convention this week in San Diego. The BASC members hope to be able to share their experiences with the American bankers, and to learn more about ICBA's role in community banking.
"The ICBA is delighted to host this delegation of bankers from China at our annual national convention," said ICBA Chairman C.R. (Rusty) Cloutier, the president and CEO of MidSouth Bank, N.A., in Lafayette, La. "It's a wonderful opportunity for bankers from both countries to learn from each other. Certainly, we're proud to spread the word about the important role community banks play in supporting America's consumers, small businesses, family farms and local economies."
The BASC is a finance, accounting, academic and social organization founded in 1992 by the People's Bank of China. BASC membership is limited to specialists from the finance and accounting departments of banks, insurance companies and securities firms. The association is supervised by the Civil Administration Department of the Social Community Administration and is a member of both the Financial Academy of China and the Chinese Accounting Academy.
Drawing over 3,000 attendees, the ICBA Convention, taking place this week at the San Diego Marriott and Convention Center, is the largest meeting of community bankers from across the country. The convention features speeches by national newsmakers such as Federal Reserve Chairman Alan Greenspan, numerous workshops and networking events, and Techworld, the industry's largest trade show.