Trade and development financial institution operating in eastern and southern Africa
Not to be confused with Trade Development Bank.
Eastern and Southern African Trade and Development Bank
Company type
Treaty-based multilateral institution
Industry
Finance
Founded
1985
Headquarters
Chaussée Prince Louis Rwagasore Bujumbura, Burundi
Key people
Juste Rwamabuga (Chairman)
Admassu Yilma Tadesse (President & CEO)
Joy Ntare (Chief Risk Officer)
David Bamlango (General Counsel)
Michael Awori (Chief Operating Officer)
Products
International trade and development finance
Revenue
Net US$129+ million (2018)[1]
Total assets
US$8 billion (2022)[2]
Owner
African Member States, African and non-African institutional investors, and non-African States
Website
www.tdbgroup.org
The Trade and Development Bank (TDB), formerly the PTA Bank, is a trade and development financial institution operating in eastern and southern Africa. TDB is the financial arm of the Common Market for Eastern and Southern Africa (COMESA), although membership is open to non-COMESA states and other institutional shareholders.[3]
^"Eastern and Southern African Trade and Development Bank: Annual Report and Financial Statements, 2018, Integrating & Advancing the Region" (PDF). Trade and Development Bank. 28 March 2019. Retrieved 14 March 2020.
^CEO Magazine Uganda (8 June 2022). "Kenyatta opens new Trade and Development Bank tower". CEO Magazine Uganda. Kampala, Uganda. Retrieved 23 June 2022.
^"TDB Members". Retrieved 14 March 2020.
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Global Information
Net US$129+ million (2018)[1]