FNB Eswatini has pledged support to local businesses navigating the growing uncertainties in global trade and currency fluctuations. The commitment was made during the bank’s Forex and Trade Solutions Seminar, held on Tuesday at the Royal Swazi Sun Libandla Room in Ezulwini under the theme “Beyond Volatility: Strategic Forex and Trade Solutions for a Fragmenting World.” The event drew industry leaders, clients, regulators, and economists to discuss strategies for adapting to changing global markets.
FNB Eswatini CEO Thokozani ‘TK’ Dlamini told attendees that collaboration was key in developing lasting solutions. “As FNB Eswatini, we believe in staying a step ahead of the curve. We see challenges as an opportunity to actively find solutions that can help our customers with alternative options. It is in these instances that we fully live up to our promise of help,” he said.
He added, “While we may not have full control over these shifts, we have the responsibility and expertise to provide tailored solutions for your business to thrive. It is our conviction that for these solutions to work and be sustainable, we need to co-create them with you.”
Sikhumbuzo Dlamini, Director of Financial Markets at the Central Bank of Eswatini, outlined the country’s economic outlook, noting rising external vulnerabilities. “Inflation containment remains a priority, and this has implications for interest rates and liquidity in the market,” he said.
Claudio Govender, Research Analyst at RMB Global Markets, described a regional “macroeconomic reset,” pointing to a period of consolidation before growth across asset classes. “While currency volatility and global fragmentation will continue to shape trade conditions, businesses can still identify opportunities with the right data and funding structures,” he explained.
FNB Eswatini’s Trade Relationship Manager, Wendy Snowden, detailed the bank’s offerings for businesses engaged in cross-border trade. “We provide our clients with Letters of Credit, Foreign Bills for Collection, Supply Chain Finance (Reverse Factoring), and Structured Trade and Commodity Finance. FNB Eswatini remains committed to helping and ensuring our solutions reflect your business needs,” she said.
Paulette Fortune, General Manager at Pharm Industry, said the seminar offered clarity on complex trade environments. “The presentations and engagements today have helped to give structure and understanding into a complex and volatile environment in which we all operate,” she said.
Christopher Shabangu, Managing Director at Tambuti, pointed to the value of a longstanding partnership with FNB Eswatini. “We received insightful information, especially on the future of investment and managing geopolitical risks. Our relationship with FNB continues to grow, with the bank having previously supported us in navigating cashflow and expansion challenges,” he noted.
