The Eastern and Southern African Trade and Development Bank (PTA) announced its decision to open a Regional office in Ethiopia. The agreement for the launch of the regional office here in Addis Ababa was signed between the Government of Ethiopia and PTA on April 28, 2016.
Upon signing the agreement, State Minister of Foreign Affairs, Ambassador Taye Atske-silassie welcomed PTA’s decision to open a regional office in Africa’s capital, Addis Ababa. The State Minister maintained that the Government of Ethiopia is committed to extend support to the bank.
Mr. Admassu Yilma, CEO of the African Trade and Development Bank on his part said, “We are grateful that the Government of Ethiopia has built our confidence in opening the regional office.” “Opening our regional office here will mainly give easy financial access to clients and projects,” he added.