Excellence in transaction banking across Africa

Nedbank Corporate and Investment Banking (CIB) is proud to announce that it has been recognised with a prestigious Euromoney Award for Best Transaction Banking Partnership. This accolade underscores our commitment to delivering world-class solutions in African banking, driving innovation and enabling growth across African markets.

Our success is built on a strong foundation of expertise, technology and strategic partnerships that empower businesses to thrive in an increasingly connected global economy.

 

Driving innovation in trade finance across Africa

 

Trade is the lifeblood of economic development, and at Nedbank CIB, we are redefining trade finance in Africa. Through advanced digital platforms and innovative solutions, we help businesses unlock working capital, improve liquidity and navigate complex trade environments. Our approach ensures that trade in Africa is faster, more transparent and more efficient.

 

Powering financial growth through technology and innovation

 

Technology is transforming how financial services are delivered. At Nedbank CIB, we leverage cutting-edge tools, including artificial intelligence (AI), to streamline processes and enhance client experiences. Our digital-first strategy positions us as a leader in finance in Africa, enabling businesses to access solutions that drive growth and resilience.

 

Supply chain finance: Unlocking value for businesses

 

Our supply chain finance solutions are designed to optimise cash flow and strengthen supplier relationships. By offering early payment options and risk-sharing mechanisms, we enable businesses to overcome working capital challenges and maintain operational continuity – particularly critical in today's dynamic trade environment.

 

Transforming transaction banking for a digital future

 

As a top-tier provider of transaction banking services, Nedbank CIB is committed to delivering seamless, secure and scalable solutions. Our platforms integrate advanced technologies to support businesses across Africa, ensuring that transaction banking plays a pivotal role in economic development.

 

DP World and Nedbank: A game-changing partnership

 

Our collaboration with DP World Trade Finance marks a historic milestone – the first partnership of its kind in Africa. This partnership introduces innovative supply chain finance programmes and risk-sharing agreements that empower suppliers in sub-Saharan Africa to access early payments and improve trade flows. Together, we are driving economic growth and creating new opportunities for businesses.

The partnership has already delivered tangible results, including the successful conclusion of our first deal with Imperial Logistics under the Supply Chain platform. Leveraging state-of-the-art technologies, including AI, Nedbank optimised cash flow and enabled suppliers to access early payments on approved receivables. The signing of a master risk participation agreement (MRPA) with DP World further demonstrates our commitment to innovative risk-sharing structures that address balance sheet constraints.

 

China Systems and the future of supply chain finance in Africa

 

Our partnership with China Systems (CS) introduces Eximbills Microservices, a cloud-based solution that is revolutionising supply chain finance (SCF) in Africa. This technology enhances efficiency, integrates seamlessly with key systems and ensures secure transactions, delivering significant value for businesses engaged in domestic and international trade.

Graham Clarke, Regional Managing Director of CS Middle East, commented: 'This is a milestone achievement and we are thrilled to be collaborating with Nedbank, a valued technology partner of ours. By introducing our advanced Microservices SCF solution to the African continent for the first time, the launch is in lockstep with Nedbank's pursuit of adopting innovative technologies in southern Africa.'

Niron Rampersad, Divisional Executive of Trade Finance at Nedbank, added: 'Digital automation is at the core of how we do things at Nedbank. Our trade finance business has made significant strides in automating our trade and supply chain finance products, enabling us to reduce manual process errors, increase efficiency and improve turnaround times.

'Partnering with a technology partner like CS has given us advanced capabilities through Eximbills Microservices, which helps us improve our client experience and better serve our clients.'

 

Navigating complexity to deliver innovation

 

Nedbank's journey towards digital transformation and strategic partnerships was not without challenges. We navigated intricate legal, tax and regulatory hurdles to ensure success. Managing the complexities of the MRPA required extensive consultation with external legal advisers, including Cliffe Dekker Hofmeyr, to address the technicalities of English law and ensure compliance with all relevant regulations. Tax implications were meticulously analysed to avoid adverse financial consequences.

Compliance with stringent regulatory requirements was critical to maintaining operational integrity. Our active participation in the Banking Association South Africa and the Trade Finance Workstream further underscores our commitment to industry standards and best practices.

 

Financial services across the African continent

 

With a footprint spanning southern Africa and strategic alliances in West and Central Africa, Nedbank CIB offers comprehensive financial services across the continent. The proposed financial acquisition of a 66% stake in NCBA Group, one of East Africa's largest and most respected financial services groups, marks a significant step in Nedbank's long‑term strategy to expand its presence in African markets through investment banking excellence, strong corporate finance skills and deep financial advisory expertise.

Our commitment to digital finance ensures that businesses can access innovative solutions that meet evolving needs. From trade finance to transaction banking, we leverage technology to create a more inclusive and efficient financial ecosystem across Africa.

Transaction banking is a catalyst for growth in Africa. By providing secure, scalable and technology-driven solutions, Nedbank CIB enables businesses to navigate complex trade environments and unlock new opportunities for expansion.

 

Awards and recognition that inspire progress

 

Winning the Euromoney Award is more than an achievement; it is a testament to our dedication to excellence in regional banking, innovation and client success. At Nedbank CIB, we remain committed to shaping the future of finance in Africa through partnerships, technology and a relentless focus on delivering value.

 

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