On the 26th April 2011, BRD officially acquired Banque de l’Habitat du Rwanda (BHR) in a ceremony hosted by Honorable Minister of Finance and Economic Planning, Mr. John RWANGOMBWA.

The objective of this acquisition was to achieve sustainable growth by making BRD a stronger and better positioned bank which provided long-term loans, housing loans, mortgage re-financing and other financial services aimed at improving access to finance in Rwanda.

The takeover of BHR gave BRD an asset base of over Rwf 72 Billion (Rwf58 Billion of BRD and Rwf 14 Billion from BHR).