Reply To: Trade Finance secondary/local Banks

    Chris
    Participant
    Hi Danilo,

    I can speak to South Africa and generally as well.

    In past experience I managed large guarantee portfolio’s in the UK and South Africa.

    Generally I would recommend you look at each coutry’s clearing banks to begin with. This will give you good starting point and provide many banks to initially identify, assess and evaluate.

    For South Africa I have deal with/know of the following banks:

    Standard Bank, FirstRand/FNB, ABSA/Barclays, Nedbank and Investec.

    Standard Bank is particularly good for guarantees within Africa.

    FirstRand has an arm called Rand Merchant Bank that specifically focusses on corporates.

    ABSA and Nedbank are equally good, and Investec can be niche (and expensive).

     

    Hope this helps and let me know if you have any questions.

     

    Kind regards

    Chris

    • This reply was modified 2 months, 2 weeks ago by Chris.
    • This reply was modified 2 months, 2 weeks ago by Chris.