Financial Institutions Association of Bhutan

27/07/2026

FIAB successfully conducted a five-day Joint Task Force Workshop on the Review of Fees and Charges on Payment Channels and Related Matters from 20th to 24th July 2026 at Metta Resort and Spa, Paro.

The workshop brought together representatives from FIAB member Banks to undertake a comprehensive review of the existing fees and charges applicable to payment channels and related services, in line with the Royal Monetary Authority’s (RMA) request.

Throughout the workshop, the Joint Task Force members reviewed the RMA Directives on Fees and Charges issued in 2011 and 2020, which govern the fees and charges applicable to various payment channels and deliberated on the operational, technical, regulatory, and customer impact aspects of the existing fee structure.

FIAB extends its sincere appreciation to all Joint Task Force members for their active participation, valuable contributions, and collaborative efforts throughout the workshop.
Bank of Bhutan
T BANK
Bhutan Development Bank Ltd - BDB
Punjab National Bank
Bhutan National Bank

03/07/2026

FIAB represented by the Chief Executive Officers, representatives of its member Financial Institutions, and the Secretariat, officially offered Tashi Khadar to Mr. Chencho Tshering Namgay to mark his appointment as the new Chief Executive Officer (CEO) of the National Pension and Provident Fund (NPPF).

FIAB extends its heartfelt congratulations and best wishes to Mr. Chencho on his appointment and wishes him every success in his new role. FIAB looks forward to working closely with him and the NPPF team.

National Pension & Provident Fund

29/06/2026

The Financial Institutions Association of Bhutan (FIAB), represented by the CEOs of its member Financial Institutions, offered Tashi Khadar to Mr. Dorji Phuntsho, to mark his appointment as the new Chief Executive Officer (CEO) of the Royal Insurance Corporation of Bhutan Limited (RICBL). FIAB extends its heartfelt congratulations and best wishes to Mr. Dorji Phuntsho and wishes him every success in leading RICBL.

Royal Insurance Corporation of Bhutan Limited - RICB

16/06/2026

16/06/2026

13/04/2026

The Financial Institutions Association of Bhutan (FIAB) hosted a farewell event on the evening of 10th April 2026 in honour of the outgoing Chief Executive Officers of Royal Insurance Corporation of Bhutan (RICB) and National Pension and Provident Fund (NPPF).
The event brought together Chief Executive Officers from all FIAB member institutions. The gathering served as a platform to acknowledge and appreciate the invaluable contributions and leadership demonstrated by the outgoing CEOs during their tenure.
In their respective roles, both leaders have played a significant part in strengthening their institutions and contributing to the overall development of Bhutan’s financial sector. The evening was marked by warm interactions, reflections, and expressions of gratitude. All the CEOs conveyed their best wishes to the outgoing CEOs for their future endeavours, while also acknowledging their lasting impact on the institutions they led.
FIAB extends its sincere appreciation to the outgoing leaders for their service and wishes them continued success in their future pursuits.

Credit Information Bureau of BhutanRoyal Securities Exchange of BhutanGIC-Bhutan Reinsurance Co. Ltd.Financial Institutions Training InstituteNubri Capital Private LimitedBank of BhutanT BANKBhutan Development Bank Ltd - BDB Bhutan National Bank Druk Pnb Bank Bhutan Insurance Ltd

01/04/2026

The Financial Institutions Association of Bhutan (FIAB) convened a sacred recitation of the Kanjur at the historic Simtokha Dzong on the auspicious 15th day of the Bhutanese calendar, corresponding to April 1, 2026. The ceremony was held to invoke blessings for the well-being of FIAB member financial service providers and their employees, as well as for the peace, prosperity, and harmony of the nation, while removing obstacles.

The event was attended by Chief Executive Officers and representatives of FIAB’s member institutions, along with officials from the FIAB Secretariat. The ceremony featured traditional rituals, the recitation of the Kanjur, and the offering of a thousand butter lamps - acts believed to generate merit, purify negativities, and bring about peace and success.

Credit Information Bureau of Bhutan Royal Securities Exchange of Bhutan GIC-Bhutan Reinsurance Co. Ltd. Financial Institutions Training Institute Nubri Capital Private Limited

12/03/2026

12.03.2026 The Financial Institutions Association of Bhutan (FIAB), represented by the CEOs of its member financial institutions, offered Tashi Khadar to Mr. Dorji Kadin on the occasion of his appointment as the new Chief Executive Officer of T Bank Ltd.

FIAB is delighted to welcome Mr. Dorji Kadin back to the FIAB fraternity after a brief pause. Mr. Kadin previously served as the CEO of the Bank of Bhutan and also as the President of FIAB, during which he made significant contributions to the association and the financial sector.

The FIAB family extends its heartfelt congratulations and wishes him every success in his new role.

09/03/2026

FIAB hosted a farewell dinner in honour of the outgoing CEO of T Bank Ltd., Mr. Pema Tshering, on the evening of 4th March 2026. The event was attended by CEOs of member financial institutions, who gathered to acknowledge his leadership and contributions to the banking sector.

During the gathering, members expressed their appreciation for Mr. Pema Tshering’s dedicated service and his role in strengthening collaboration among financial institutions. They also conveyed their best wishes for his future endeavours.

18/02/2026

FIAB wishes its valuable members, stakeholders and the general public a very Happy Daw Dangpa Losar.

Credit Information Bureau of Bhutan Royal Securities Exchange of Bhutan GIC-Bhutan Reinsurance Co. Ltd. Financial Institutions Training Institute Nubri Capital Private Limited Bhutan Insurance Ltd National Pension & Provident Fund