TRADE AND DEVELOPMENT BANK -TDB
Established in 1985, the Eastern and Southern African Trade and Development Bank (TDB), formerly the PTA Bank, is a multilateral, treaty-based development financial institution, with assets of over US$ 5 billion. The Bankโs mandate is to finance and foster trade, regional economic integration and sustainable development, through trade finance, project and infrastructure finance, asset management and business advisory services. In the past five years, TDBโs shareholder base has grown from 19 ... to 35 members, including 22 Member States from across COMESA, EAC and SADC, 2 non-African member countries and 11 institutional investors. During the same period, shareholder equity funds increased by 150%, annual net profits by 100%, and non-performing loans were halved. TDB currently has regional offices in Nairobi, Harare and Addis Ababa, and principle offices in Bujumbura and Port-Louis.
TRADE AND DEVELOPMENT BANK -TDB
Industry:
Banking Finance Financial Services
Founded:
1985-01-01
Status:
Active
Contact:
+230 4676016
Total Funding:
20 M USD
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Investments List
Date | Company | Article | Money raised |
---|---|---|---|
2022-07-22 | d.light | Trade and Development Bank -TDB investment in Debt Financing - d.light | 50 M USD |
2019-11-26 | Tanzania Tech | Trade and Development Bank -TDB investment in Debt Financing - Tanzania Tech | 1000 M USD |
2018-07-27 | Powah Limited | Trade and Development Bank -TDB investment in Grant - Powah Limited | 25 K USD |