The ultimate purpose of the Credit Administration department (CAD) is to ensure the growth of the earning portfolio and to maintain its good quality as such allowing generating sufficient and adequate interest income. This will be achieved through, the following initiatives: • Adequate facility documentation and underwriting processes • Robust collection and workout processes • [...]
The Bank will play an important role in increasing access and improving quality of both basic and tertiary education. This will be achieved through investments in Education projects, Education savings program and efficient management of student loan and bursary schemes. In October 2015, the Government of Rwanda gave the mandate of management of students’ loans and [...]
Increasing and diversifying exports is key to Rwanda’s economic transformation and a focus point of the new BRD strategic plan. As the Second Generation of Economic Development and Poverty Reduction Strategy (EDPRS II) indicates that export growth targets should grow by 28% so the management of BRD created an Export department that is going to [...]
Access to reliable and affordable energy remains a considerable challenge in Rwanda. For Rwanda’s private sector to be competitive, the energy issue must be addressed as it is a crosscutting driver of economic growth. In order to fuel its growth, Rwanda’s target is to substantially increase its energy supply from its current level to 563 [...]
Under the new Strategic plan of BRD, The management of the Bank decided to create a department that will cater for strategic projects that don’t fall under priority sectors of the Bank. This Department will primarily focus on financing projects that enhance rapid development of infrastructure as well as other strategic projects that will promote [...]
Agriculture employs more than 70% of the total population in Rwanda. As outlined under the Vision 2020 and EDPR II targets, agriculture is expected to play a critical role in poverty alleviation efforts and overall economic prosperity through job creation and supporting key industries. The main focus of Agricultural Department at BRD is the provision [...]
Development Bank of Rwanda (BRD) established a department charged with promoting affordable housing basing on two-twin pillars of “mortgage finance and production of bankable housing”. The department designed a plan with both short, medium and longer term market interventions to address challenges around housing and housing finance. This department will build homes and establish the institutions [...]
