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Ex-Im Bank Signs $100 Million Agreement with PTA Bank

Washington, DC – Fred P. Hochberg, chairman and president of the Export-Import Bank of the United States (Ex-Im Bank), and Admassu Tadesse, president and chief executive of the Eastern and Southern African Trade and Development Bank (PTA Bank), signed a

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Appointment of Professor Oliver Saasa as Chairman of the Board of Directors

Nairobi, Kenya, December 17, 2013  The Eastern and Southern African Trade and Development Bank (PTA Bank) is pleased to announce the appointment of Professor Oliver Saasa as Chairman of the PTA Bank Board of Directors. Prof. Saasa is succeeding Mr. Sulleman

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All African Interview with PTA Bank CEO

PTA Bank, formally known as the Eastern and Southern African Trade and Development Bank, is a little known but significant player on the African financial scene.Established in 1985 under a treaty that created the Preferential Trade Area for Eastern and

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Fitch Upgrades PTA Credit Rating

In October 2013, Fitch Ratings upgraded PTA Bank’s Long-term Issuer Default Rating (IDR) to ‘BB’’ from ‘BB-‘. The National Long-term rating was upgraded to ÁAA’ (Ken)’, from ÁA+ (ken)’, and the Short-term IDR affirmed at ‘B’. The outlook was rated

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PTA Bank Nairobi Relocates Into New Premises

We wish to inform our esteemed customers that we have relocated into new premises effective Tuesday October 22, 2013. The Nairobi Branch office has been fully operational since 1994, and serves the eastern and northern regions. The office is located at

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PTA Bank holds Its 29th Annual Board of Governors Meeting in Addis Ababa, Ethiopia

The Eastern and Southern African Trade and Development Bank, commonly known as the PTA Bank held its Annual General Meeting of the Board of Directors and Governors in Addis Ababa from the 9th -13th of September, 2013. The meetings was

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PTA Bank approves loan to Burundi Backbone Systems for fiber optic network

BUJUMBURA, BURUNDI, 13th May, 2013: PTA Bank has approved a loan of $11.5million to Burundi Backbone Systems Company S.M. (BBS) with a guarantee of $1,767,058 for the construction of a national fiber optic network in the country. The financing was

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AATIF, PTA Bank sign USD30 million facility

Cape Town, November 11, 2012: German based Africa Agriculture and Trade Investment Fund and the PTA Bank, a pan African financial institution, has signed a US$30 million facility agreement that will go towards financing the agricultural sector on the continent.The

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RBM Governor banks on Ksh.85bn fuel facility

When signing the facility on behalf of Malawi Government that the resources will significantly ease pressure on the foreign exchange market and alleviate the current fuel shortages.  Read more about it here

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PTA Bank raises Ksh 12.75 billion syndicated loan

Nairobi, Thursday, October 25, 2012The PTA Bank has broken new ground by successfully raising Kshs12.75 billion (US$150 million) loan from the internationalsyndicated loan market. The syndication was arranged by Commerzbank Aktiengesellschaft, FirstRand Bank Limited and Standard Chartered Bank.The Facility was

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Ai WINNERS SHOWCASE: Admassu Tadesse, CEO, PTA Bank

How would you describe your experience with PTA Bank so far? The experience has been simply exhilarating. There was a great deal of early ground to cover in getting to know the drivers, opportunities and risks in the different areas of

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The Trade and Development Bank of Eastern and Southern Africa (PTA Bank) is a treaty-based regional institution, whose membership is open to countries and insti... Read more

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The PTA Bank provides Project & Infrastructure Finance and Trade Finance as its core products and services. These facilities are available to businesses and enterpris... Read more

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