{"id":3531,"date":"2016-08-12T10:32:09","date_gmt":"2016-08-12T10:32:09","guid":{"rendered":"http:\/\/www.iwacu-burundi.org\/englishnews\/?p=3531"},"modified":"2016-08-12T10:32:09","modified_gmt":"2016-08-12T10:32:09","slug":"pta-bank-headquarters-soon-resuming-its-activities-in-burundi","status":"publish","type":"post","link":"https:\/\/www.iwacu-burundi.org\/englishnews\/pta-bank-headquarters-soon-resuming-its-activities-in-burundi\/","title":{"rendered":"PTA Bank headquarters soon resuming its activities in Burundi"},"content":{"rendered":"<div id=\"attachment_3530\" style=\"width: 418px\" class=\"wp-caption alignleft\"><img aria-describedby=\"caption-attachment-3530\" decoding=\"async\" loading=\"lazy\" class=\" wp-image-3530\" src=\"http:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2016\/08\/ZEP-Burundi-300x214.jpg\" alt=\"The Signing of the agreement between (from left to right) PTA CEO and Alain Aim\u00e9 Nyamitwe, the Burundi Foreign Affairs Minister  \" width=\"408\" height=\"291\" srcset=\"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2016\/08\/ZEP-Burundi-300x214.jpg 300w, https:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2016\/08\/ZEP-Burundi-600x428.jpg 600w, https:\/\/www.iwacu-burundi.org\/englishnews\/wp-content\/uploads\/2016\/08\/ZEP-Burundi.jpg 700w\" sizes=\"(max-width: 408px) 100vw, 408px\" \/><p id=\"caption-attachment-3530\" class=\"wp-caption-text\">The Signing of the agreement between (from left to right) PTA CEO and Alain Aim\u00e9 Nyamitwe, the Burundi Foreign Affairs Minister<\/p><\/div>\n<p>The Eastern and Southern Trade and Development Bank-PTA, the second largest Bank in Africa after the African Development Bank- AfDB, will restart its activities in Burundi after 23 years of absence. The signing ceremonies took place on 11 August between Alain Aim\u00e9 Nyamitwe, the Minister of Foreign Affairs and Tadesse Admassu, the PTA President and CEO.<\/p>\n<p>For Alain Aim\u00e9 Nyamitwe, the agreement means a strong partnership between Burundi Government and PTA Bank, before adding that it proved security improvement after PTA closed down in 1993. He believes that Burundians will surely benefit from it.<\/p>\n<p>\u201cPTA Bank will work hand in hand with other commercial banks in various domains,\u201d he said.<\/p>\n<p>According to the PTA Bank Executive Officer, Burundians will gain much more for the Bank will finance short and long term projects as this was done for the Burundi Backbone System- BBS that fixed and connected cables to improve internet connection throughout the country. \u201cIt is an open-process but it is up to Burundians to take advantage of it,\u201d he stated.<\/p>\n<p>PTA Bank boosts investments in agriculture, trade, industry, infrastructure, energy and tourism, among others on a commercial basis and sustainability principles.<\/p>\n<p>Headquartered in Bujumbura (Burundi) with regional branches in Nairobi (Kenya), Harare (Zimbabwe) and Ebene (Mauritius). PTA Bank\u2019s current shareholders include: Burundi, Comoros, the Democratic Republic of Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Malawi, Mauritius, Rwanda, Seychelles, Somalia, Sudan, Uganda, Zambia and Zimbabwe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Eastern and Southern Trade and Development Bank-PTA, the second largest Bank in Africa after the African Development Bank- AfDB, will restart its activities in Burundi after 23 years of absence. The signing ceremonies took place on 11 August between Alain Aim\u00e9 Nyamitwe, the Minister of Foreign Affairs and Tadesse Admassu, the PTA President and [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":3532,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[8,670],"tags":[735,734],"_links":{"self":[{"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/posts\/3531"}],"collection":[{"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/comments?post=3531"}],"version-history":[{"count":1,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/posts\/3531\/revisions"}],"predecessor-version":[{"id":3533,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/posts\/3531\/revisions\/3533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/media\/3532"}],"wp:attachment":[{"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/media?parent=3531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/categories?post=3531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.iwacu-burundi.org\/englishnews\/wp-json\/wp\/v2\/tags?post=3531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}