About AFC - www.africafc.org^[1]

AFC, an investment grade multilateral finance institution, was established in 2007 with an equity capital base of US$1 billion, to be the catalyst for private sector-led infrastructure investment across Africa. With a current balance sheet of approximately US$5.6 billion,

AFC is the second highest investment grade rated multilateral financial institution in Africa with an A3/P2 (Stable outlook) rating from Moody's Investors Service. AFC successfully raised US$650 million in 2019, US$500 million in 2017 and US$750 million in 2015 through Eurobond issuances; out of its Board-approved US$3 billion Global Medium-Term Note (MTN) Programme. All Eurobond issues were oversubscribed and attracted investors from Asia, Europe and the USA.

AFC's investment approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development and risk capital to address Africa's infrastructure development needs and drive sustainable economic growth. AFC invests in high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. To date, the Corporation has invested over US$6.6 billion in projects within 30 countries across Africa.

About Shinhan Bank

Shinhan Bank is the leading bank in Korea with total employees of 17,801, offices around 20 countries. Shinhan Bank, which has been setting a new standard with constant challenges and innovations in Korea's banking industry, and Cho Heung Bank, a long-standing industry leader in Korea, became one on April 1,2006 and integrated Shinhan Bank was launched under the motto of "Financial Pride Of Korea, THE BANK, Shinhan". As of end of June 2007, Shinhan Bank now stands as an undisputed, financially sound industry leader with 198.6996 trillion won in total assets, 10.76 trillion won in shareholders' equity, 1,038 branches and 15 million customers.

To offer a comprehensive range of financial services effectively, Shinhan segments our customers into 7 groups(Retail, PB, WM, SMEs,(Large)Corporate, IB segments) and pursue specialized business models. To satisfy customers' financial needs with the top-class financial expertise, we have built and are operating an optimized channel network. Even amid the rapidly changing financial environment, Shinhan Bank maintains its leadership in asset quality and risk management while trying to develop new growth engines based on strong organizational culture and increase efficiency/ competitiveness through innovation activities. The Bank is playing a central role in creating the Group synergy based on its market leadership in core areas and strengthening global business in key regions. It is also committed to practicing sustainable management with its pursuit of CSR activities.

By providing customers with the best value, earning the deep trust from shareholders, offering a respected workplace for employees and fulfilling the mission as a corporate citizen that belongs to the society and the nation, Shinhan Bank aspires to become a No. 1 Bank that takes a lead not just in Korea but also in Asia and something to be proud of in the minds of customers and to the nation

About Nedbank

Nedbank is one of the four largest banks in the Republic of South Africa, tracing its roots back to 1831 with the establishment of the Cape of Good Hope Savings Bank. Following a succession of branding and structural changes, Nedbank Group in its present form was established in 2003 with the acquisition of the Board of Executors (BoE).  Nedbank is engaged in a wide spectrum of banking through its Corporate and Investment Banking franchise, as well as Retail and Business Banking, Wealth Management and Rest of Africa businesses. With its head office in Johannesburg, the Group has a far-reaching presence across Africa, with the Ecobank-Nedbank alliance providing it with a footprint in 39 countries and creating the largest banking network in Africa.

While Nedbank's primary market is Africa, the Nedbank Group provides services to international clients through its presence in the Isle of Man, Guernsey, Jersey, London and Dubai. Nedbank has a vast presence through its 702 branches and outlets located in South Africa and the rest of Africa.

As of 31 December 2018, Nedbank Group had 8 million clients and more than 30 000 staff members. Nedbank is listed on the Johannesburg Stock Exchange (and the Namibian Stock Exchange) with a market capitalisation of ZAR136bn as of 31 December 2018. 

Additional information about Nedbank may found on its website: https://www.nedbank.co.za/content/nedbank/desktop/gt/en/investor-relations.html^[2]

References

1. ^{^} www.africafc.org (www.africafc.org)
2. ^{^} https://www.nedbank.co.za/content/nedbank/desktop/gt/en/investor-relations.html (www.nedbank.co.za)