Members

The Eastern and Southern African Trade and Development Bank (TDB)

MISSION

TDB (Trade and Development Bank) also known as the Eastern and Southern African Trade and Development 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.

MEMBERSHIP

TDB is an institution of the Common Market for Eastern and Southern Africa (COMESA). Its membership is open to COMESA and Non-COMESA States, non-regional countries, as well as institutional shareholders. The Bank's membership comprises of the following twenty-one Member States: Burundi, Comoros, Congo DRC, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Malawi, Mauritius, Mozambique, Rwanda, Seychelles, Somalia, South Sudan, Sudan, Tanzania, Uganda, Zambia, Zimbabwe with the Kingdom of Swaziland as the newest member. In addition, the Bank also has two non-regional members, namely, Belarus and China and eleven institutional shareholders including the African Development Bank, Africa Reinsurance Corporation, Banco Nacional de lnvestimento, Mauritian Eagle Insurance Company Limited, National Pension Fund - Mauritius, National Social Security Fund - Uganda, OPEC International Fund for Development (OFID), TDB Reinsurance Company, Rwanda Social Security Board, Sacos Group Ltd and Seychelles Pension Fund(SPF).

BUSINESS LINES

Trade Finance: 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: The range of financing solutions offered includes Project Finance, Corporate Finance, Leasing and Guarantees amongst others. TDB provides funding to both public and private enterprises, covering almost all sectors of economy. 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

Two strategic fund initiatives have been launched to date:

  1. The COMESA Infrastructure Fund (CIF). The CIF will be a Mauritius based fund to be managed by a fund management company set up as joint venture between TDB and an independent regional private equity manager.
  1. The Eastern and Southern African Trade Fund (ESATF). The ESATF will be a Mauritius-based open-ended investment fund which will undertake trade finance related investments. TDB is in a unique position to act as a promoter of the ESATF owing to its leadership in the industry and strong network of partners.

FINANCIAL HIGHLIGHTS (2017)

Total Asset: USD$ 5.26 Billion
Net Profit Consolidate: USD$ 111,86 Million

Net Profit Growth with a CAGR 2012-17 of 17%

ROE: 12.04%
ROA: 2.35%

Bank Shareholding

Regional members 12.04%
Non-regional members 2.35%
Institutional shareholding
(including class B shares):
2.35%

Institutional shareholding

(including class B shares): 22 .41%
 
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