guarantees: a trade · fiata congress october 2019 . 3 the question mark that is south africa . 4...
TRANSCRIPT
4
Credit Ratings
Country S&P Moody's Fitch TE Score
India BBB- Baa2 BBB- 56
Russia BBB- Baa3 BBB 55
South Africa BB Baa3 BB+ 50
Brazil BB- Ba2 BB- 42
Turkey B+ B1 BB- 38
Economic Overview
Source: Trading Economic
5
Economic Overview
0
500
1000
1500
2000
2500
3000
India Brazil Russia Turkey South Africa
GDP in USD Billion
Source: Trading Economic
Largest USA: 20494 USD Billion Smallest Kiribati: 0,19 USD Billion
6
Economic Overview
0
2
4
6
8
10
12
14
16
South Africa Brazil India Turkey Russia
Inflation Rate (%)
Source: Trading Economic
Highest Venezuela : 282 972% Lowest Libya: -7,1%
7
Economic Overview
0
2
4
6
8
10
12
14
16
18
India Brazil Russia South Africa Turkey
Interest Rate (%)
Source: Trading Economic
Highest Argentina: 83% Lowest Switzerland: -0,75%
10
• South Africa, despite ongoing challenges(political and economic), remains a competingdeveloping economy
• South Africa can remain and improve its positionas the ‘Gate Keeper’ into Africa
• South Africa ports are vital for trade in SouthAfrica, as well as Africa
Why is this relevant?
12
• Developing countries need support from developed countries
• Developing countries need funding facilities, whilst risk is being mitigates for financiers
• Developing countries need infrastructure development
• Developing countries need to close the gap created by technology
What do developing countries need?
15
What Lombard wants for South Africa
• 2010 Word Cup Soccer
• 1995,2007 World Cup Rugby
• 1996 African Cup of Nation
16
What Lombard wants for South Africa
• Lombard wants to provide support todeveloping economies
• Lombard wants to enable trade, through aguarantee product, that provides thebeneficiary with peace of mind & the clientwith a funding solution
• Lombard wants the freight industry to innovateand drive technological advancements
• Lombard wants a prosperous South Africa forall