Corporate Banking

 

CRDB Bank PLC Corporate Banking Services.
Corporate Banking Department provides financial solutions to large corporations (private & public). We are focusing on customer centred solutions that provide a full range of financing options including overdraft facilities, deposit taking, short term loans, long term loans, contract financing for construction, asset based financing, utility services, general business and agricultural based project financing. Products offered include;
1. Trade Finance Products
We have various types of trade finance products that cater for your business and personal needs. These include Traditional Trade Finance, Structured Trade Finance and other corporate services.
a) Traditional Trade Finance
Documentary collection. Shipping documents are passed from seller to buyer through the Bank.
Letters of credit. This is the credit instrument issued by the Bank guaranteeing payments on behalf of its customer to a beneficiary for a stated period of time and when specified conditions are met. The following are the benefits of the product;
a) Seller is assured of payments.
b) Buyer is assured of delivery of goods or services
c) Payment is effected only upon performance
Guarantees. These are instruments that guarantee the beneficiary against default of Bank's customer. Types of guarantees offered are; Bid, Performance, payment, Custom Bond, Shipping Guarantees, Standby and Advance Payment Guarantee. The benefit of this is to facilitate contractual agreements.
b) Structured Trade Finance
These are products tailored to customer needs.  The following are the benefits of the product;
Suits customer requirements.
Offers financing to transaction of complex structure taking advantage of assets in the hand of a third party.
CRDB Bank PLC Corporate Banking Services.

Corporate Banking Department provides financial solutions to large corporations (private & public). We are focusing on customer centred solutions that provide a full range of financing options including overdraft facilities, deposit taking, short term loans, long term loans, contract financing for construction, asset based financing, utility services, general business and agricultural based project financing. Products offered include;
Trade Finance Products
We have various types of trade finance products that cater for your business and personal needs. These include Traditional Trade Finance, Structured Trade Finance and other corporate services.
a) Traditional Trade Finance
  • Documentary collection. Shipping documents are passed from seller to buyer through the Bank.
  • Letters of credit. This is the credit instrument issued by the Bank guaranteeing payments on behalf of its customer to a beneficiary for a stated period of time and when specified conditions are met.
The following are the benefits of the product;
a) Seller is assured of payments.
b) Buyer is assured of delivery of goods or services
c) Payment is effected only upon performance
  • Guarantees. These are instruments that guarantee the beneficiary against default of Bank's customer. Types of guarantees offered are; Bid, Performance, payment, Custom Bond, Shipping Guarantees, Standby and Advance Payment Guarantee. The benefit of this is to facilitate contractual agreements.
b) Structured Trade Finance
These are products tailored to customer needs.  The following are the benefits of the product;
Suits customer requirements.
Offers financing to transaction of complex structure taking advantage of assets in the hand of a third party.
Business Units
In order to serve corporate and institutional customers more efficiently, the corporate Banking department serves the customers divided in the following segments;
Trade Finance nit
Agribusiness Unit
Corporate Unit
Institutional Customers unit
Trade Finance Unit
The unit provides business support on local and international trade to all clients segments in the Bank namely Corporate, Institutional, Small and Medium Enterprises and Personal customers. The unit offers a range of products grouped in to traditional trade finance products and structured trade finance products described above.
Agribusiness Unit: Dedicated to serve all projects under agriculture and agro-processing, with particular focus on the following sub-sectors: -
Farming  (large scale farming for all crops) - large estates e.g. tea, sisal, coffee, barley, tobacco, etc
Agro-processing industries for all commercial and food crops, e.g. flour mills (wheat, maize, sorghum, etc), rice hulling and packaging, tea processing, ginneries, tobacco processors, sugar factories, cashew processors, sunflower/cotton seed oil extraction, –
Commodity Trading – crop purchase for all commercial and food crops
Farm Implements – tractors and its accessories, combine harvesters, loggers (for forestry), and other machinery related to core functions of agricultural sector.
Livestock – Abattoirs, Ranch, Dairy Farm, Milk processors, etc
Forestry - large tree plantations, log processing, flooring/value addition plants, timber
Fishing – fishing gear, fish processors, etc
The dedicated Agribusiness Relationship Managers equipped with skills and expertise in the management of agricultural lending shall be happy to assist our customers to: -
To structure financing of all agri-businesses corporate projects, and
To understand and manage risks associated with agricultural lending
Corporate Unit: Dedicated to serve all other projects which do not fall under agriculture and agro-processing. The dedicated Corporate Relationship Managers are equipped with skills and expertise in the management of corporate business/loans in the following sectors: -
Manufacturing, Trade & Commerce
Construction & Hospitality: (Real Estate, Construction, Building and Hospitality {Education, Health, Tourism, Hunting, Hotels and Restaurant})
Utility, Infrastructure and Mining: (Energy, Water, Gas, Transport, Communication, Mining and Quarrying)
Institutional Banking Unit:
Deals with:
Government Agencies, Projects and Non Government Organizations
Higher Learning Institutions and International Organizations.
Financial and Social Security Institutions
Committed Relationship Managers are frequently visiting you, to identify your needs and always ready to:
  • Assist you with guidance on short financial investment
  • Guide you on how to make your deposits with the Bank grow fast,
  • How to pay your bills, school/ college fees and staff  salaries without hassles through internet banking, bills payment systems and how to pay government taxes easily