News

TDB Achieves New Milestone With First Investment Grade Rating

• Moody’s Rating for TDB upgraded to Baa3 with outlook stable • GCR Rating for TDB upgraded to BBB – with outlook stable • Ratings confirm TDB’s resilient business growth...

TDB’s Eminent and Distinguished Persons Advisory Panel Meet during ...

The Trade and Development Bank (TDB) launched the Eminent and Distinguished Persons Advisory Panel in 2016 and held its inaugural meeting on the sidelines of the African Union Heads of...

TDB Finances Landmark Cement Plant in Oromiya, Ethiopia

On the 19th of March, 2017, Ethiopian Prime Minister Hailemariam Desalegn officially opened Habesha Cement plant, hailing the contribution of the Trade and Development Bank (TDB) to both Ethiopia and...

TDB Breaks New Ground with Benchmark-SizedEurobond Issuance

The Trade and Development Bank (TDB), has a successful track record of issuing bonds within Africa and other international markets. TDB is a regular issuer in the global capital markets....

AFD of France and TDB Crystalize New Financial Cooperation with a D...

The Agence Française de Développement (AFD) signed a credit facility of USD 75 million and a grant support of EUR 0.5 Million with the Trade and Development Bank, on 12th...

TDB hosts key institutional investor-roundtables in Mauritius and S...

Two impactful institutional roundtables were organized by TDB on the islands of Mauritius and Seychelles in the summer of 2017. The first roundtable, held in Mauritius was attended by TDB...

The 33rd TDB Annual Meeting: Seychelles President Commends TDB on R...

  Seychellois president Danny Faure commended TDB during its 33rd Annual General Meeting of the Board of Governors, held last August in Beau Vallom, Seychelles. President Faure was in the...

PTA Bank signs a memorandum of understanding with China Exim Bank

Mr. Admassu Tadesse, President and CEO of PTA Bank and Mr. SUN Ping, Vice President of China Exim Banksigned a Memorandum of Understanding (MOU) at the Opening Session of the...

PTA Bank at TICAD 6

During the 6th Tokyo International Conference on African Development (TICAD VI), a major global forum and framework to facilitate the implementation of initiatives for promoting African development under the dual...

Tanzanian Bond Bell Ring Ceremony

The Eastern and Southern African Trade and Development Bank (PTA Bank) is pleased to announce the successful financial close of its second Tanzanian Shillings denominated bond. The Thirty Two Billion...