CORPORATE BANKING
Trade Finance and Working Capital
Mitigate trade risks, ensure payment security and maximise your working capital
Regardless of the complexity of your business, we help you manage the risks involved in trade through our specialised finance and guarantee solutions that ensure payment and even out cash flow.
Documentary Trade Finance
Minimise your trade risks and strengthen your negotiating position when importing or exporting
We assist importers and exporters with solutions to mitigate international trade risks and provide financing to enable liquidity and growth.
Our Documentary Trade solution includes Documentary Letters of Credit, Documentary Collections, Bonds Guarantees and Indemnities (BGI's), Back to Back instruments and Escrow Accounts.
Open Account Finance
Assure your importers or exporters that the supplied goods will be paid for within an agreed invoice date
The terms and types of payments a business agrees with its buyers or sellers will affect its cash flow. We work with you to customise the best solutions to help fund business growth or assist in meeting day-to-day financial obligations.
Our solutions include Receivables Finance, Supplier Finance, Selective Receivables Financing, Account Receivables and Inventory Finance (ARIF), Islamic Trade Finance and Import and Export Trade Loans.
Structured Trade and Commodity Finance
Accommodate your working capital and balance sheet risk transfer requirements with our bespoke trade finance solutions
Structured Trade and Commodity Finance (STCF) provide short-term, self-liquidating trade finance solutions. These solutions are particularly suited to local, regional and global commodity traders, importers and exporters and manufacturers.
Solutions are typically secured by underlying assets and other commodities. Comfort is taken in the self-liquidating nature of the solution coupled with the marketability of the underlying asset and the trade finance instrument in use.
Trade Finance Channels
Select the best option to manage your trade finance requirements from our various channels
Our Working Capital and Trade Finance solutions are supported by secure, intuitive and cost-effective channels that are designed to suit your unique requirements.
International Banking
Enjoy borderless solutions and limitless possibilities
In today’s world of international banking, you need a financial partner that not only manages your cross-border trade requirements, but one that acts as your business partner.
For this reason, our team of international banking specialists offer solutions that facilitate your Corporate and Business Banking international requirements.
Latest insights
Leading-edge thinking from our team of financial and sector experts.
The Foschini Group – ZAR 3.95 billion Rights Offer
The largest fully underwritten rights offer in 2020, ensuring a strengthened balance sheet well-positioned for resilience and growth opportunities
Harmony Gold – ZAR3.5 billion Accelerated Bookbuild
The first material capital raise for an acquisition since the start of the South African COVID-19 related lockdown
Growthpoint Properties – ZAR 4.3 billion Accelerated Bookbuild
The largest accelerated bookbuild offering in 2020 and the largest equity raise since the start of the South African COVID-19 related lockdown, in support of the company’s strategy to reduce leverage, retain operating flexibility and continue development and investment activities
OUR TRACK RECORD
Feedback from our clients
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“Absa provided us with advice on matters related to project finance and maximising interest income on excess cash. The service received has been outstanding and we have had better-than forecasted interest earnings as a result of the guidance and restructuring provided by Absa CIB. We have also received substantial support for decision making purposes when it comes to financial instruments held with Absa.”
Dorper Wind Farm – South Africa
President, Trade Association - Africa
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"Absa has been a partner bank to ACWA Power since our first successful project bid, providing the group with project financing, working capital as well as mandated as the account bank for the project. Absa has provided great value through its service, tailored solutions, valuable insights and advisory to the group."
ACWA Power – UAE and Africa
President, Trade Association - Africa
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"As a partner bank to Marubeni for over 6 years, the Absa team has provided awesome service in assisting us to establish our South Africa office. Their always-available attitude has supported us to facilitate our entry into both the South African and African Market."
Marubeni Middle-East & Africa Power Limited – Japan
President, Trade Association - Africa
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"Having a Pan-African banking partner is very important to the group as it gives us a competitive advantage in the market. We are now able to go for the projects we want because we have a partner bank that understands our business and is ready to help us materialise our growth ambitions in the continent."
Gransolar Group – Spain
President, Trade Association - Africa
