The Trade and Development Bank (TDB) which changed from the East and Southern Trade and Development Bank commonly known as PTA Bank said it will expand on its line of credit to Mid-Sized as well as Large Private Sector Enterprises in Uganda. “We plan to have a balance sheet of 10 million dollars in the next five years. For the reforms, innovations, strengthening the bank and modernizing the bank and reforms that went for the last five years under the leadership of the new President was really key and I think the planning was really timely.” Said, Mary Kamari – Trade and Development Bank.

The Regional Bank capitalized to 4 billion dollars was founded in 1985 With shareholding drawn from 21member countries out of COMESA, the EAC and SADAC besides other strategic partners. “And it is up to us now to publicize these resources to the private sector for all of you, for your business, for their trade, for your trade, for your project, for the government projects, for infrastructure projects which are nowadays both government and private, so we are no longer the only ones participating. So we can get more out of the bank.” Said, Keith Muhakanizi – Secretary to the Treasury. Ultimately, it was lending mainly to the governments in the continent. Back in Uganda, the Trade and Development Bank has a running private-sector portfolio worth 250 million dollars or nearly a trillion shillings. “And that helps us to leverage five times that capital to be able to lend to other institutions; Small Scale, Medium Scale, and even large corporations.” Said, Clifford Bboosa – Trade and Development Bank.