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Acquisition of BHR

By | April 5th, 2016|our-history|

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 [...]

Merger of BAS and BDF

By | April 3rd, 2016|our-history|

Since March 2011, BRD Advisory Services (BAS Ltd) and BRD Development Fund (BDF Ltd) companies were merged to form a new company called BDF Ltd. The two former companies were BRD wholly owned subsidiaries tasked with the mission of providing services and products that boost the development of SME’s in Rwanda. The new company remained [...]

Chairman’s statement on behalf of the BRD Board of Directors

By | March 26th, 2016|Blogs|

On behalf of the Board and Management of the Rwanda Development Bank (BRD), welcome and thank you for your contribution towards our journey so far.  Esteemed stakeholders, 2015 was a challenging but exciting year BRD. The bank has repositioned and reorganized to appropriately align itself with Rwanda’s development agenda.  The bank finalized the protracted process [...]

BRD supports housing development in secondary cities

By | March 17th, 2016|latest-news, press-release|

Getting an affordable house outside Kigali will soon be realizable after the Development Bank of Rwanda (BRD) partnered with Pearl Estates, a real estate company to put up housing units in Musanze district - one of the six secondary cities in Rwanda. With the first 14 units already complete in Musanze district in the Northern [...]

Export Growth Fund (EGF)

By | March 15th, 2016|egf|

Increasing the external connectivity of Rwanda’s economy and boosting exports is a key priority of EDPRS 2 and a powerful tool to spur economic growth, raise living standards and reduce poverty. The specific course of actions recommended for consideration to address the export finance gap is the establishment of an Export Growth Facility (EGF) between [...]

BRD registers improvement in management of student loans and bursaries

By | March 11th, 2016|press-release|

There has been much anxiety as to how Rwanda’s leading development finance institution, Development Bank of Rwanda (BRD) would fare in managing student loans and bursaries. BRD took over the functions of the management of student loans and bursaries based on the provisions of law No. 44/2015 of 14th September, 2015 governing student loans and bursaries and the [...]

MINICOM, BRD launch the Export Growth Facility (EGF) to drive export growth

By | March 10th, 2016|latest-news, press-release|

Rwanda currently faces an uphill task to grow its exports and reverse the widening trade deficit, which if not checked is likely to hamper government from achieving the set 28 per cent export growth target in EDPRS2 by 2018. Data released by the National Institute of Statistics of Rwanda (NISR) in the third quarter of [...]

Student loans & bursaries scheme

By | December 31st, 2015|Student loan|

In October 2015, the Government of Rwanda gave the mandate of management of students’ loans and bursaries to BRD in compliance with the provisions of Law No 44/2015 of 14/09/2015 governing student loans and bursaries in Rwanda. This role was previously undertaken by the Ministry of Education (MINEDUC). The cardinal principle of BRD taking over [...]

Housing

By | July 29th, 2015|impact|

BRD Ltd has priority in housing finance, reaching clients get hold of opportunities in housing, mortgage finance

Growth and Innovation phase (2000-2009)

By | May 4th, 2015|our-history|

This phase ensues from the necessity for the Bank to contribute to the recapitalization and the monetization of the rural area, in the increase of the export against of challenges of the Rwandan Economy imposed by the needs of fast and long-lasting growth to fight poverty. In fact more than 90 % of the population lives [...]