The Eastern and Southern African Trade and Development Bank commonly known as PTA Bank is an African regional development financial institution established in 1985. The Bank’s mandate is to finance and foster trade, socio-economic development and regional economic integration across its Member States Although PTA Bank is an institution of the Common Market for Eastern and Southern Africa (COMESA). It offers a broad range of products and services, across both the private and public sectors, including debt, equity and quasi-equity as well as guarantees. PTA Bank’s investments cut across agriculture, trade, industry, infrastructure, energy and tourism, among others and are made on a commercial basis and sustainability principles.
PTA Bank is looking for candidates with experience or skills in the following core products and services:
Trade Finance: PTA Bank aims to promote the development of Trade among the Member States.The range of products offered includes Import and Export Financing, Structured Commodity Finance, Guarantees and Bonds, Pre and Post Shipment Finance, Issuance of Letters of Credit, Receivable Backed and Asset Financing.
Project and Infrastructure Finance: PTA Bank provides medium and long term financing on commercial terms. The Bank employs either one or a combination of modes of financing which are; direct financing (senior and mezzanine debt or equity), co-financing with local and/or foreign lenders, loan guarantees and syndications.
Funds Management: In 2013, PTA Bank established a Fund’s Management Department to support the implementation of the Bank’s strategy in pursuing growth and diversification, by spearheading new initiatives.