FIRSTRAND BANK LIMITED

Trade finance is an important mean to promote and facilitate trade in- and between emerging markets. With African economies on the rise again, there is increasing demand for trade finance lines. Various recent studies have indicated a multi-billion trade finance gap annually in Africa alone as the international financial crisis saw many international banks pulling back from emerging markets. By supporting RMB’s trade finance activities, FMO helps addressing the trade finance gap thereby increasing the RMB’s capacity to facilitate trade flows with- and within Africa