05.27.15

Afreximbank promotes its products on Seychelles market

Posted in Business and Economy, Offshore Banking, Seychelles banking at 1:32 pm by Robert Klien

The African Export-Import Bank (Afreximbank) aims to increase awareness of the bank and its products on the Seychelles market in a view to find ways to improve ease of access to credit for Seychelles’ business community.

A forum was organized by the bank to promote increased trade financing for Seychelles businesses by showcasing the line-up of financing programmes and facilities available from Afreximbank to the Seychellois business community. There were also presentations and case studies on how to access them. The bank offers include credit, loans and guarantees.

The forum was attended by the Minister for Finance, Trade and the Blue Economy Jean-Paul Adam; the Afreximbank regional manager of Southern Africa based in Harare, Zimbabwe, Gift Simwaka; the Governor of the Central Bank, Caroline Abel; representatives of Seychelles’ private sector organisations such as the Chamber of Commerce and Industry, bankers’ associations, exporters associations as well as those of government-owned entities operating commercially in the country. The Central Bank of Seychelles was facilitating the event as a shareholder of the Afreximbank.

Afreximbank, headquartered in Cairo, Egypt, was established in October 1993 as a Pan African Exim Bank in order to stimulate a consistent expansion, diversification and development of African trade, while operating as a first class, profit oriented financial institution and a centre of excellence in African trade matters.

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