Building a brighter tomorrow
The Eastern and Southern African Trade and Development Bank (PTA Bank) was established on 6 November 1985 following the provisions of the Treaty of 1981 establishing the Preferential Trade Area (PTA), which has since been transformed into the Common Market for Eastern and Southern African States (COMESA), as a financial arm of the integration arrangement.
The Eastern and Southern African Trade and Development Bank (PTA Bank) was established on 6 November 1985 following the provisions of the Treaty of 1981 establishing the Preferential Trade Area (PTA), which has since been transformed into the Common Market for Eastern and Southern African States (COMESA), as a financial arm of the integration arrangement.
TRADE AND FINANCE
SECTORS OF INTEREST
sectors that augment the social and economic development of the COMESA region
Sectors Of Interest & Products
Sectors Of Interest
We support trading activities in many sectors but with preference to sectors that augment the social and economic development of the COMESA region and to trading activities that support crucial economic activities.
Our current focus is on petrochemical products (fuels and fertilizers) agricultural commodities, minerals and critical raw materials. We are currently favouring transactions that support the crucial sectors of the economy such as energy, agriculture, transport and communication and manufacturing inputs. We however support any trading activity that has a positive impact on economic development.
Products
We support trade transactions using the following products and services:
Facilities in the above products are of a minimum of $ 500,000 and a maximum of $ 20 million. Terms of facilities range from 12 months to 36 months.
Facilities are priced specific to the transaction and taking into account the risk profile of the transaction and the borrower. Certain charges and fees are payable in addition to the interest rate levied in the facilities. Whilst we specialise in self liquidating structured transactions we also consider that collateral is sometimes required to support such structures.
Our current focus is on petrochemical products (fuels and fertilizers) agricultural commodities, minerals and critical raw materials. We are currently favouring transactions that support the crucial sectors of the economy such as energy, agriculture, transport and communication and manufacturing inputs. We however support any trading activity that has a positive impact on economic development.
Products
We support trade transactions using the following products and services:
- issuance and confirmation of letter of credit;
- pre-shipment or post-shipment loans;
- syndicated lending;
- asset based lending;
- securities backed loans;
- structured finance for certain capital equipment or assets; and
- account receivable financing (bills discounting).
Facilities in the above products are of a minimum of $ 500,000 and a maximum of $ 20 million. Terms of facilities range from 12 months to 36 months.
Facilities are priced specific to the transaction and taking into account the risk profile of the transaction and the borrower. Certain charges and fees are payable in addition to the interest rate levied in the facilities. Whilst we specialise in self liquidating structured transactions we also consider that collateral is sometimes required to support such structures.
OUR SHARE HOLDERS
