SIL Global Limited - Trust Bank

As a group, we understand that to maximise the impact of our Companies endeavours; there is a need to create a SIL Global Trust Bank (Sil Global Limited) to serve our projects, trustees and clients. SIL Global will be a financial intermediary operating exclusively in the wholesale sector of the financial markets. Its charter is to serve as a link between companies raising funds for development through the issue of securities, principally bonds, and the investors who purchase such securities.

SIL Global will service clients through the arranging, underwriting and distribution of such securities and in devising innovative and creative finance packages in exchange for fees. It will differ from deposit-taking and loan-making investment banks. SIL Global Bank will offer deposit-taking and lending, offering of securities, issuing of financial guarantees, cash management services, term deposits, certificate of deposits, wire transfer services, credit and debit card services, marketing investment, asset and fund management focussing on the securities markets, particularly Asia, The Pacific Nations and the Middle East.