Trust Bank Products

Trust Bank reopened its doors to the banking public on the 13^th of December 2011. To date the Bank has a total of 11 branches geographically dispersed across the country. The following are the branches and their locations: We will Insert Map

• Trust Towers Branch (CBD- Harare)
• Arundel Branch ( Arundel Village-Harare)
• Southerton Branch ( Southerton- Harare)
• Wynne Street Agency ( Farm and City Complex-Harare)
• Leopold Takawira Branch ( CBD-Bulawayo)
• Bulawayo Centre Agency (CBD- Bulawayo)
• Gweru Branch ( CBD-Gweru)
• Kwekwe Branch (CBD- Kwekwe)
• Mutare Branch ( Mutare)
• Chinhoyi Branch ( Chinhoyi)
• Boka Tobacco Sales Agency ( Boka Auction Floors)

To complement its branch network and improve the quality of products delivered to its chosen market segments Trust Bank has set up specialized Business Units designed to tailor-make solutions for individual and corporate customers. Each business unit is manned by innovative and experienced staff who possess a vast array of experience and a passion for service delivery coupled with uniquely designed products that were designed from the expectations of the target markets. These business units are as follows:

1. Retail Banking

Trust Retail banking boasts one of the widest geographical coverage and offers its different market segments products that best meet their needs and exceeds their expectations. There are a number of umbrella groups of banking products for each market segment and these include:

• Achiever Banking
• Power Banking
• Power Plus Banking
• Inner - Circle
• Investments
• Lending

2. Corporate Banking

Corporate banking is a business unit that takes care of medium to large corporates. The departments' activities are centered on working with the business community to identify mutually beneficial banking arrangements, analyzing potential projects, structuring short to medium term funding arrangements, and giving financial advice to customers. The thrust of Corporate Banking is to foster long term partnerships with the business community through the use of dedicated relationship managers who are equipped with expertise and a strong desire to serve the business community. Corporate Banking services include;

• Bridging finance - for clients with unexpected and urgent need for short term funds
• Short-term loans - for financing working capital requirements
• Medium-term loans - for financing capital expenditure requirements for periods of up to five years
• Cash advances - for financing working capital requirements.
• Employer Guaranteed or Assisted Loans
• Off-shore finance (import & export) - for Importers' and exporters' pre and post shipment finance requirements
• Trade and Mining Finance
• Documentary letters of credit - facilitates execution of import and export transactions
• Collections - facilitates payment of exporters through foreign bills for collection
• Guarantees - issues Bid bonds, Performance bonds and Payment bonds on behalf of clients
• Leasing - assisting clients to acquire capital assets.
• Order Financing
• Tailor made Working Capital solutions
• Banking On Site Services-cash collections as well as on site wage payments.
• Structured project financing

Trust Corporate Finance Unit has a team of specialists who assist corporate clients in the following areas:

• Joint Ventures
• Capital Raising and Structuring
• Mergers and Acquisitions
• Raising of Finance and Working Capital
• Initial Public Offerings and Listings
• Advisory Services

4. SME Banking

SME banking takes care of the small to medium enterprises by helping to grow these businesses with a view to make them the big corporates of tomorrow. SME Banking offers:

• Order financing
• Debt Factoring
• Overdraft facilities
• Working capital loans and
• Advisory services

5. Micro finance

The informal traders and the sole traders are taken care of by this unit. Specialized personnel in the Micro Finance department assist this market segment by offering them:

• Personal loans
• Projects Finance ( with special emphasis on women and marginalized groups)
• Overdraft facilities

6. Agribusiness Unit

The ABU Unit compliments Corporate Banking but specializes in agriculture projects. This department covers the financing needs for:

• Tobacco farming
• Animal husbandry
• Horticulture
• Cash Crops
• Market gardening
• Retailing and wholesaling of agricultural products.
• Agro-processing

7.      Treasury

Treasury takes care of the investment needs of all the chosen market segments. This is achieved through various investment vehicles that are offered to the various customer segments. Trust customers are spoiled for choice where investment products are concerned. These include:

• Fixed Term deposits ranging from 30 to 90 days
• Treasury Bills
• Banker`s Acceptance
• NCDs
• Promissory Notes

Trust Bank is a Bank that has solutions for every customer. Guided by a customer centric culture, a dedicated team and diversified product range, no one will walk away empty handed.