Treasury interacts with local and international financial and investment markets, in an effort to deliver superior service to our clients. Treasury's primary role is the management of market-related risk for Nedbank Lesotho. These risks include interest rate, funding and liquidity related exposures, which are managed on a principal basis within the Nedbank Lesotho and Group Alco risk framework.

Treasury's key roles are divided into:

• Funding & Liquidity Management
• Asset and Liability Management (ALM)
• Client Advisory Services

Daily Foreign Exchange Commentary

The Treasury Team also gives a daily foreign exchange commentary,  which guides our clients on their currencies exchange decision  making.


In order to have access to this service please contact our Treasury Dealing Team.
 

Funding and Liability

The team operates in the Funding, Liquidity and Money Market Trading areas. Our main brief is to ensure that the bank is optimally funded and has sufficient liquidity to meet its obligations by taking deposits from, Business Banking and Retail Banking clients.

The Treasury team, works on the state-of-the-art Treasury dealing room, is dedicated, committed and passionate about marrying client’s needs with the needs of the Bank at a competitive price that is acceptable to both parties.

Asset and Liability Management (ALM)

ALM Portfolio Management provides ALCO with a dedicated professional service that will transact, advise and monitor the risk to the Bank's balance sheet through interest rate mitigation and Liquid Asset Management. This ensures that regulatory requirements are met and that immunisation of Balance Sheet Risk is balanced against Treasury objectives. All interest rate risk is removed and managed at a central point where the relevant skill set resides.

By balancing the objectives of the various stakeholders, the team provides proactive balance sheet management coupled with clear ownership and accountability. The strong degree of governance and audit ensures that the interests of the Balance Sheet are at all times paramount.



Foreign Exchange Trading

This team houses the combined expertise of major financial markets products, enabling it to have a unique and encompassing perspective of solutions required by clients. The team deals with a range of foreign institutions in securing assets and liabilities in currencies other than the Lesotho Loti and South Africa’s Rand.

Products offered include:

• Spot Foreign Exchange Trading
• Currency swaps
• Interest Rate Research
• Flat Forwards
• Interest Rate Derivatives