1998

The Pilot Continental Training Program was launched, effectively training 197 ASBA Member’s officers in 4 training events (an average of 50 people per event).

1999

It was considered convenient to formally incorporate the Association, granting it a legal and asset base that would allow it to respond more effectively to the challenges posed to the financial regulation institutions by the supervisory activities and international cooperation in a number of related matters. On May 14, 1999 the Association of Supervisors of Banks of the Americas (ASBA) was incorporated in Mexico City.
The Pilot Continental Training Program trained a total of 248 officers in 6 training events (an average of almost 41 people per event).

2000

Two Assembly resolutions set the tone for this year: the Executive Secretariat Institutional Strengthening Program’s approval and the decision to open a contest for the definite location of the Association’s offices.
Institutional strengthening began by gathering and putting in order all the Association’s information and the operative, financial and legal procedures (including the Pilot Continental Training Program’s). As a result of the site selection process it is agreed that, once that all the procedures and requisites are complied with, ASBA’s Executive Secretariat definitive location will be Santiago de Chile.
The Pilot Continental Training Program trained a total of 222 officers in 5 training events (an average of almost 44 people per event).

2001

The Pilot Continental Training Program finishes and its transformation onto a permanent feature of ASBA’s activities is determined to be known as Continental Training Program (CTP).
Throughout its life cycle, the Pilot Continental Training Program trained a combined total of 1,094 officers. The total cost was in the vicinity of the US$ 2,000,000 mark — 82% covered by ASBA’s members and 18% by the Inter-American Development Bank — at an average cost of under US$ 2,000 per officer which puts it among the most efficient and low cost training programs in the region.
During this year a total of 427 officers in 14 training events (an average of almost 30 people per event) were trained. This represents a quantum leap both in terms of the number of officer trained (almost double over the previous year) and in terms of the quality (owing to a much more rigorous selection process the average class size was reduced in a bit over 25%).
The institutionalization process gathers strength by formalizing ASBA’s operative, financial and administrative functions and procedures in the corresponding manuals, all of which result in an increased control environment. This institutionalization process is recognized when ASBA attains the “Executing Agency” status from the IADB, which is reserved to those institutions that can directly manage funds in IADB funded projects and programs.
Finally, the initial Internet page — chivalrously developed by the Associate Member Mexico — is replaced and ASBA assumes its present dominion at www.asbaweb.org attaining in this manner full electronic presence and creating an additional tool for its membership.