Executives' Meeting of East Asia and Pacific Central Banks - EMEAP

Dictionary Says

Definition of 'Executives' Meeting of East Asia and Pacific Central Banks - EMEAP'


An organization of 11 central banks from the southeast and Pacific regions of Asia whose mandate is foster good relations among its member countries. The organization conducts annual and semiannual meetings, and creates working groups in order to discuss and analyze ongoing economical and financial happenings within the region.

Investopedia Says

Investopedia explains 'Executives' Meeting of East Asia and Pacific Central Banks - EMEAP'


An example of a project undertaken by the EMEAP is the creation of Asian bond funds. The organization believed that the debt markets in the region were vastly underdeveloped and as a result, relatively few investors were investing in the Asian bond markets compared to those in the West. The Asian bond funds were created to rectify this problem.

Member central banks include: the Reserve Bank of Australia, the People's Bank of China, the Hong Kong Monetary Authority, the Indonesia Bank, the Bank of Japan, The Bank of Korea, the Bank Negara Malaysia, the Reserve Bank of New Zealand, the Bangko Sentral ng Pilipinas, the Monetary Authority of Singapore and the Bank of Thailand.

comments powered by Disqus
Hot Definitions
  1. Chicago Mercantile Exchange - CME

    The world's second-largest exchange for futures and options on futures and the largest in the U.S. Trading involves mostly futures on interest rates, currency, equities, stock indices and agricultural products.
  2. Private Equity

    Equity capital that is not quoted on a public exchange. Private equity consists of investors and funds that make investments directly into private companies or conduct buyouts of public companies that result in a delisting of public equity.
  3. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  4. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  5. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  6. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
Trading Center