Wednesday 13 April 2016

NEW ITFA MEMBERS

The ITFA Board is pleased to announce the following two new members.

Ghana International Bank plc (GHIB) is a niche commercial bank, based in the city of London. The Bank is authorised by the Prudential Regulatory Authority (PRA) and regulated by the PRA and Financial Conduct Authority.

Operating from 67 Cheapside office, GHIB provides the full range of International Trade Finance services. Their product offering includes Correspondent and Corporate Banking services, Treasury services, and Transactional Banking services mainly to Financial Institutions and Corporate entities across Africa.

They do business in numerous African countries and in various sectors, including financial services, oil & gas, telecoms, mining and agriculture. They are also an active player in the loan syndications and the risk distribution markets in London.

Mark Arthur will be the main delegate for all ITFA related matters.

Landesbank Hessen-Thuringen Helaba (Helaba) is one of Germany's leading banks with a total business volume of around Eur180bn and 6,300 employees. Based on a strong market position as the S-centre bank for 166 Sparkassen (40% of all German savings banks), it offers all the products of a commercial bank across its home market and all over Germany. 

As a well-accepted partner and provider of financing to large corporate customers as well as small and medium-sized enterprises (''SMEs''), Helaba is also present in major financial centres - London, Madrid, Moscow, Paris, New York, Shanghai and Singapore. With a market share of 20% in Germany and 8% of the total EURO payment zone, reflecting more than 3.5bn transactions annually, Helaba is a market leader for Cash Management.

Additionally, Helaba aims to become a leading institution in German Trade & Export Finance by covering all aspects of trade and export finance activities including ECA covered solutions. Being connected in more than 120 countries, Helaba offers this international network to its corporate clients as well as to all Sparkassen and their clients in Germany.

Irina Bauer will be the main delegate for all ITFA related matters.

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