The main conditions for obtaining the Bank’s financial backing are as follows:
The Bank must get adequate guarantees for the loans it gives out. These are usually in the form of:
Interest rate The interest rate is negotiable between the Bank and the customer and takes into account the cost of resources used for the financing, the collateral security offered, the risk of the investment, the credibility of the investor and the economic and the social impact of the project. .
The repayment varies and can be up to 10 years depending on the cash-flow projected for the project. At present, the average repayment period is between 7 and 8 years, which makes the B.R.D. the country’s sole financing institution, specialized in long term financing.