EZULWINI – FNB Eswatini has reaffirmed its commitment to helping clients and the wider business community in Eswatini navigate the complexities of the current global trade environment.
This was mentioned during the bank’s Forex and Trade Solutions Seminar, held at Royal Swazi Sun Libandla Room, in Ezulwini on Tuesday. The event, hosted under the theme ‘Beyond Volatility: Strategic Forex and Trade Solutions for a Fragmenting World’, brought together industry leaders, clients, regulators and economists to explore how businesses can adapt to shifting global dynamics.
FNB Eswatini CEO Thokozani ‘TK’ Dlamini, emphasised the importance of collaboration in developing sustainable solutions, as the bank positions its strategy beyond its 30 years in the kingdom.
“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.
We are all close to the news of what is happening and how the world around us is rapidly changing. 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,” he said.
Providing insight into Eswatini’s economic outlook, Sikhumbuzo Dlamini, Director: Financial Markets at the Central Bank of Eswatini, highlighted growing external vulnerabilities. “Inflation containment remains a priority, and this has implications for interest rates and liquidity in the market,” he noted.
Claudio Govender, Research Analyst at RMB Global Markets, pointed to a broader shift in the regional economy, describing it as a ‘macroeconomic reset’.
“We believe the region is undergoing a macroeconomic reset, characterised by a period of consolidation before a steady rally across various 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 said.
Wendy Snowden, Trade Relationship Manager at FNB Eswatini, zoned in on some of the bank’s solutions for businesses, particularly those required in cross-border trade.
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