Dhaka, Bangladesh (BBN)- The 29th Governors’ Symposium of the South East Asia, New Zealand, Australia (SEANZA), a forum of the central banks of 20 countries, will be held at the Radisson Blu Water Garden in the capital Dhaka on Saturday.

Bangladesh Bank Governor Dr Atiur Rahman will inaugurate the day-long symposium at 9am, a central bank statement said.

Dr Atiur Rahman will readout the key note styled “Macroeconomic Environment and Financial Sector Stability: Vulnerability and Managing Crisis”. Bangladesh Bank’s deputy governor and SEANZA chairman SK Sur Chowdhury will deliver the welcome address.

Twenty top officials of the central banks of Sri Lanka, Nepal, Malaysia, South Korea, Iran, Papua New Guinea, Germany, India, China, Thailand, Fiji, Philippine and Indonesia are expected to join the symposium.

Bangladesh Bank is holding the chair of forum’s banking supervision for 2013-14 term.

As part of the symposium, a five-day central banking course was held in Dhaka. Fifty representatives from the central banks of 15 countries took part in it.

SEANZA forum was formed in October 1956 under the proposal of Governor of the Reserve Bank of Australia, which grew out of a meeting of the Central Bank Governors from British Commonwealth countries in the Asia Pacific Region.

The aim of the forum is to foster cooperation and facilitate training of member central banks’ staff in various aspects of central banking. It also operates as an avenue for members to exchange views and opinions, particularly on the issues of common interest among member economies.

BBN/SSR/AD-30Aug14-12:20 am (BST)