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Mengistu Jima

Principal Officer,

PTA Bank

Private Sector & Development author

PTA Bank

PTA Bank was set up in 1985 and has developed into a leading African multilateral provider of trade and development finance. It serves as the regional bank of the Common Market for Eastern and Southern African (COMESA) and currently covers 19 African countries. PTA is tasked with developing the economies, trade and infrastructure of its member countries and has provided around USD 10 billion in financing over 30 years. Over the last five years, PTA Bank’s balance sheet has grown by an annual average rate of 39%.