The Eastern and Southern African Trade and Development Bank, known more commonly as TDB, and previously PTA Bank, is a specialised African regional financial institution established in 1985 that provides short, medium and long term financing, across a wide set of sectors, both private and public sector clients, on sustainable and commercial principles.
The Bank provides the following core products and services:
The TDB’s trade finance services are designed for all businesses that carry out trade activities aimed at advancing and integrating the regions’ economies. The Bank believes that trade activities that lead to social and economic development deserves unreserved support. Its aim is to facilitate trade flows from, to and within the COMESA region and also assist in technology and expertise transfer into the Region. It provides tailor-made trade finance facilities to ensure that exporters receive timely and adequate payment for their exports and those importers receive value for their money. Its experience in dealing in different markets and in diverse banking practices has made into a very strong financial solutions provider in international trade.
Project and Infrastructure Finance
TDB is a leading choice when it comes to financing ground-breaking and impactful infrastructure projects across sub-Saharan Africa.
Project & Infrastructure finance department actively supports the Bank’s mission of advancing regional growth & integration through the provision of innovative medium to long-term financing instruments.
Headquartered in Bujumbura (Burundi) with regional hubs in Nairobi (Kenya), Harare (Zimbabwe) and Ebene (Mauritius), PTA Bank’s current shareholders include:
- Regional members: Burundi, Comoros, the Democratic Republic of Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Malawi, Mauritius, Mozambique, Rwanda, Seychelles, Somalia, Sudan, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe.
- Non-regional members: Belarus and China.
- Institutional members: African Development Bank, Africa Re, Banco Nacional de Investimento, Mauritian Eagle Insurance Company Ltd, National Pensions Fund of Mauritius, National Social Security Fund (NSSF), People’s Bank of China, Rwanda Social Security Board (RSSB), SACOS, Seychelles Pension Fund, ZEP-RE (PTA Reinsurance Company)
For more information, please consult: https://www.tdbgroup.org.