• Who we are
    • History
    • Members
    • Charter
    • Directors
    • Governors
    • Management
    • Organization
    • Partners
    • The Eastern and Southern African Trade and Development Bank, known more commonly as TDB, and previously PTA Bank, is a specialized African regional financial institution established in 1985 that provides short, medium and long term financing, across a wide set of sectors, both private and public sector clients, on sustainable and commercial principles.

    • Trade finance
    • Project and Infrastructure Finance
    • Environmental and Social Management Framework
    • The Banks mission is to finance and foster trade. socio economic development and regional economic integration through trade and development finance, funds management as well as advisory and agency services.

      Furthermore, TDB has a comprehensive Environmental and Social Management Framework for TDB Financed projects. TDB also undertakes continuous assessment of its financed projects to ensure adherence to global best practices of Environmental and Social issues.

    • Overview
    • Annual Reports
    • Funding
    • Highlights
    • TDB is a treaty-based, specialist regional multilateral development bank (MDB) that is investment grade, profitable and dividend paying. It operates on both market and sustainability principles, and does not offer concessional finance, as it is not a donor funded institution. Established by the Common Market for Eastern and Southern Africa (COMESA), it is owned by 23 sovereigns, mainly from eastern and southern Africa, both COMESA and non-COMESA sovereigns, as well as non-African sovereigns and institutional shareholders such as international financial institutions, pension funds and insurance companies

    • Our Interventions
    • By Sector
    • We provide various types of credit and guarantees, such as letters of credit, trade loans, and term loans, including agency backed loans, in various development sectors, with preference, where feasible, for transactions that have high levels of development impact and positive cross-border effects, including transactions that enhance the connectivity and complementarity of Member States. Equity financing is considered very selectively on a case by base. Other services provided include funds/asset management, advisory and agency services.

    • Careers
    • Consulting
    • Procurement
    • Young Professionals Program
    • The Bank is first and foremost a merit-based employer, where the paramount consideration in recruitment is integrity, efficiency and competence, both technical and international experience. The Bank, statutorily, seeks diversity in its recruitment, across Member States, gender and age. Nationals and the diaspora of Member States and Member Countries are eligible to apply to vacancies, provided they are under the age of 62. As a rule, the President and majority of the Bank shall always be nationals of Member States.


Financial Highlights


  • In 2016, the Bank grew its interest income by 8% to US$ 225.18 million from US$ 208.67 million in 2015.
  • Total borrowing costs increased by 11% from US$ 98.19 million in 2015 to US$ 108.71 million.
  • Consequently, net interest income grew by 5% to US$ 116.47 million from US$ 110.48 in 2015.
  • Net fees and commission income was US$ 55.01 million from US$ 47.87 million in 2015, an increase of 15%.
  • Operating income rose by 7% to US$ 161.98 million in 2016 from US$ 151.88 million in 2015.


  • The Bank grew its total assets by 4% over 2015 to US$ 4.26 billion, exceeding by 40% the US$ 3.04 billion level planned for 2016 in the Bank’s 5 th Corporate Plan.
  • The Bank’s net loan book grew year on year by 11%.
  • Trade Finance loans, whose net balance is US$ 2.39 billion, grew 8% up from US$ 2.21 billion in 2015.
  • Project Finance loans grew by a net amount of US$ 148.22 million to US$ 846.89 million
  • Cash and cash equivalents declined by 8% fromUS$ 643.51 million in 2015 to US$ 594.84 million.
  • Other receivables decreased by US$ 108.21 million in 2016

Financial Highlights

Operating expenditure

  • Operating expenditure increased by 51% from US$ 20.90 million in 2015 to US$ 31.52 million in 2016


  • Impairment on Project and Trade Finance loans decreased by 29%, from US$ 32.77 million in 2015 to US$ 23.11 million.


  • The Bank made a net profit for the year 2016 of US$ 101.46 million from US$ 94.72 million in 2015.
  • This compares very favourably with the annual budget of US$ 80.27 million.


  • The Bank’s total liabilities grew marginally by 1% to US$ 3.40  billion from US$ 3.36 billion in 2015.
  • Short-term borrowings grew by US$ 190.08 million to US$ 2.37 billion.
  • Long-term borrowings decreased by US$ 79.89 million.
  • Collection account deposits decreased by US$ 92.70 million to  US$ 171.77 million


  • The Bank’s shareholders’ funds grew by 16% to US$ 856.48  million, exceeding the 11% growth in the Bank’s net loan assets.
  • This compares favorably with, and surpasses by 25% the US$ 685.11 million projected for 2016 in the Bank’s Corporate Plan.
  • A dividend distribution of US$24.35million is proposed for 2016.