SERVICES FOR BANK
SERVICES FOR BANK
4 PILLARS
4 PILLARS
The Group ETC acts as a partner of investors and banks (European/Italian and African) providing financial services and interbank services in favour of investment projects and trade transactions (Import & Export), involving the different Group companies as required.
The Group ETC acts as a partner of investors and banks (European/Italian and African) providing financial services and interbank services in favour of investment projects and trade transactions (Import & Export), involving the different Group companies as required.
INTERBANKING
INTERBANKING
Correspondent Banking
Correspondent Banking
Supporting Banks in cash management, foreign exchange and payment services
Supporting Banks in cash management, foreign exchange and payment services
Transaction Banking
Transaction Banking
Supporting banks in Business Intelligence and Benchmark analysis of Financial transactions
Supporting banks in Business Intelligence and Benchmark analysis of Financial transactions
COMPLIANCE
COMPLIANCE
Due Diligence
Due Diligence
Supporting Banks in KYC "Know your Customer" services for investigating counterparts (African/European Exporters/Importers and Banks/Financial Institution) in accordance with international directives of AML (Anti-Money Laundering), CTF (Counter Terrorism Financing) and ABC (Anti-Bribery and Corruption)
Supporting Banks in KYC "Know your Customer" services for investigating counterparts (African/European Exporters/Importers and Banks/Financial Institution) in accordance with international directives of AML (Anti-Money Laundering), CTF (Counter Terrorism Financing) and ABC (Anti-Bribery and Corruption)
RMA Swift
RMA Swift
On-boarding of Swift RMA - Relationship Management Application to exchange BIC keys permitting international transactions with authenticated financial messages.
On-boarding of Swift RMA - Relationship Management Application to exchange BIC keys permitting international transactions with authenticated financial messages.
FINANCE
FINANCE
Trade Finance
Trade Finance
Issuing, Advising, Confirming and Counter guaranteeing Documentary Letter of Credit (L/C), Stand-by Letter of Credit (SBLC) and Surety Bonds (payment guarantee, collection goods guarantee, bid bond, advance payment bond, performance bond, maintenance bond)
Issuing, Advising, Confirming and Counter guaranteeing Documentary Letter of Credit (L/C), Stand-by Letter of Credit (SBLC) and Surety Bonds (payment guarantee, collection goods guarantee, bid bond, advance payment bond, performance bond, maintenance bond)
Projects Finance
Projects Finance
Issuing Financial Guarantee for Investment projects (L/G)
Issuing Financial Guarantee for Investment projects (L/G)
Debt Restructuring
Debt Restructuring
Issuing Financial Guarantee for Restructuring projects (L/G)
Issuing Financial Guarantee for Restructuring projects (L/G)
TRADE
TRADE
Logistic
Logistic
Goods collection, Custom clearance, Goods delivery
Goods collection, Custom clearance, Goods delivery
Procurement
Procurement
Main Contractor, Purchasing Group, Import / Export
Main Contractor, Purchasing Group, Import / Export
Supply Chain Management
Supply Chain Management
Engineering, Manufacturing, Logistic, Commissioning
Engineering, Manufacturing, Logistic, Commissioning
SPECIAL PROGRAMS
SPECIAL PROGRAMS
ETC has designed two programs to meet the needs of African Enterprises and Banks :
ETC has designed two programs to meet the needs of African Enterprises and Banks :
DRPE - Debt Restructuring Program
DRPE - Debt Restructuring Program
The DRPE (Debt Restructuring Program) is a program launched by ETC dedicated to corporate debt restructuring, which assists banks located in the OHADA area (supervised by the banking supervision of BCEAO and BEAC) to reclassify their Exposures or downgraded Loans.
The DRPE (Debt Restructuring Program) is a program launched by ETC dedicated to corporate debt restructuring, which assists banks located in the OHADA area (supervised by the banking supervision of BCEAO and BEAC) to reclassify their Exposures or downgraded Loans.
Advantages for Banks:
Advantages for Banks:
➣ Reclassify downgraded Past-due or NPL (Non Performing Loan)
➣ Reclassify downgraded Past-due or NPL (Non Performing Loan)
➣ Free up equity capital (leverage effect)
➣ Free up equity capital (leverage effect)
➣ Obtain a restructuring plan assisted by a SBLC (Stand-by Letter of Credit) issued according to the URDG/ISP of the International Chamber of Commerce and authenticated via Swift MT760 message
➣ Obtain a restructuring plan assisted by a SBLC (Stand-by Letter of Credit) issued according to the URDG/ISP of the International Chamber of Commerce and authenticated via Swift MT760 message
➣ Avoid court disputes with clients
➣ Avoid court disputes with clients
IATFP - Italian African Trade Facilitation Program
IATFP - Italian African Trade Facilitation Program
ETC has launched the IATFP program (Italian African Trade Facilitation Program) to set up a consortium-based Executive Committee with banks and financial institutions, with the aim of harmonizing Compliance procedures, facilitating Correspondent Banking activities and implementing Trade Finance and Project Finance facilities.
ETC has launched the IATFP program (Italian African Trade Facilitation Program) to set up a consortium-based Executive Committee with banks and financial institutions, with the aim of harmonizing Compliance procedures, facilitating Correspondent Banking activities and implementing Trade Finance and Project Finance facilities.
Advantages for Banks
Advantages for Banks
➣ Contrast the Derisking phenomenon of International banks through the harmonization of the Compliance services
➣ Contrast the Derisking phenomenon of International banks through the harmonization of the Compliance services
➣ Integrated services of Global Transaction Banking
➣ Integrated services of Global Transaction Banking
➣ Access to Trade Finance lines
➣ Access to Trade Finance lines
➣ Reduce GAP in Trade Finance
➣ Reduce GAP in Trade Finance
Terms and Conditions
Terms and Conditions
Please find below ETC's terms and conditions:
Please find below ETC's terms and conditions:
Other Resources for Banks
Other Resources for Banks
OUR GROUP ETC | WHO WE ARE | OUR STORY | SWIFT MEMBERSHIP | ESMA RATING | PUBLIC SHAREHOLDING | INVESTOR RELATIONS | ETC FOR BANK | OUR SERVICES | DEBT RESTRUCTURING PROGRAM | ITALIAN AFRICAN TRADE FACILITATION PROGRAM |
PARTNERS & MEDIA | INSTITUTIONAL PARTNERS | BANKING PARTNERS | NEWS & MEDIA |
CONTACTS | WHERE ARE WE | FOLLOW US ON |
PARTNERS & MEDIA | INSTITUTIONAL PARTNERS | BANKING PARTNERS | NEWS & MEDIA |
CONTACTS | WHERE ARE WE | FOLLOW US ON |