Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download PowerPoint Presentation - African Development Bank
Document related concepts
Transcript
From January to April 2009 met with: 60 commercial banks operating in Africa 10 specialized trade finance institutions 5 development finance institutions What is impact of financial crisis on trade finance availability in Africa? What can African Development Bank do to address negative impact? Drop in overall trade value --commodity price decreases/stock build ups --government spending Decline in use of trade instruments --established trading relationships --too expensive/complicated --but may be increasing again Confirmation lines are widely available --large number of international and specialized actors --pricing is increasing for all --tenors are shortening for all --Equity size and track record most important constraints to access Refinancing trade instruments is more problematic --tight USD liquidity --weak secondary markets --constraining growth Different Actors Face Different Constraints Intl Network Banks Regional Growth Networks Large Local Banks Medium Local Banks Small Local Or Network Offshore Subs Citibank Standard Chartered BNP High Return/Low Risk Business Limited appetite for funded transactions Weak secondary market Ecobank Standard Bank BMCE Aggressive Investment Rapid growth Constrained by USD liquidity Zenith Bank Commercial Intl Bank Kenya Commercial Bank Large availability of confirmation lines Price increases experienced by all Margins squeezed Prudential Bank Commercial Bank of Africa Banque Intl du Burkina Increasingly SME Focused Confirmation lines available Sharp price increases and tenor decrease Coris Bank Banque Atlantique Fina Bank No track record of performance Weak equity base Cash collateral mostly UBA USA Ghana International Bank MediCapital Growing presence Regulatory questions Small balance sheets
