PTA Bank

PTA Bank

A major bank in Africa. It is owned by the African Development Bank and 18 African governments. It provides financing to further the goals of the Common Market for Eastern and Southern Africa. It was established in 1985 as the Eastern and Southern African Trade and Development Bank.
References in periodicals archive ?
The main conference day opened today with an address by Admassu Yilma Tadesse, President and Chief Executive of PTA Bank.
The equipment was financed through facilities provided by PTA Bank and Eximbank of India.
The European Investment Bank (EIB) has announced that it has joined forces with East Africa-based regional development body, PTA Bank, for a lending initiative.
Dr Gondwe, formerly the president and CEO of the Eastern and Southern African Trade and Development Bank, commonly known as the PTA Bank, is also concerned about the impact of the new Basel III Capital Adequacy and Liquidity Provisions, which come into force over the next four years.
5 billion financial institution that does trade and project financing and only last week I signed transfer agreements for the COMESA Infrastructure Fund to the PTA Bank.
Fund disbursal is expected to take effect via the PTA Bank, also known as the Eastern and Southern African Trade and Development Bank.
50p and pounds 24 - into the PTA bank account for Trerobart Primary School, Ynysybwl, a jury at Merthyr Tydfil Crown Court heard.
The PTA Bank is the second regional bank, after the East African Development Bank, to issue bonds for trading on the DSE.
Audit firm PricewaterhouseCoopers has been appointed by PTA Bank to manage the assets of Eagle Aviation Limited, a local airline in Kenya.
The conference has an innovative format spread over two days and will open on the 4th of November 2015 with a keynote address from Admassu Yilma Tadesse, President and Chief Executive of PTA Bank.
Major organization : PTA BANK - EASTERN AND SOUTHERN AFRICAN TRADE AND DEVELOPMENT BANK
According to the MOU, Ex-Im Bank and PTA Bank will explore options for utilizing up to $100 million in Ex-Im Bank medium- and long-term loan guarantees and/or direct loans to finance U.