latest-news

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BRD in partnership with MINAGRI and Access to Finance to host AFRACA conference

By | July 29th, 2016|latest-news, press-release|

The Development Bank of Rwanda (BRD) in partnership with Ministry of Agriculture and Animal Resources (MINAGRI) and Access to Finance Rwanda (AFR) will host an International Conference on Best Practices in Rural and Agricultural Finance organized by the African Rural and Agricultural Credit Association (AFRACA) from 1st to 3rd August 2016 at the Kigali Marriott Hotel. Speaking [...]

BRD in partnership with African Solidarity Fund (FSA)

By | June 27th, 2016|latest-news, press-release|

Development Bank of Rwanda (BRD) signed a Memorandum of Understanding with multilateral financial guarantee institution, the African Solidarity Fund (FSA) In August 2, 2013 with an aim of enhancing cooperation in the areas of common interest, particularly in terms of financing medium and long term especially for SMEs. This Framework Agreement was in line with [...]

Development Bank of Rwanda (BRD) secures $15m facility from BADEA to increase its lending capacity to the private sector

By | June 12th, 2016|latest-news, press-release|

Khartoum (Sudan), 12th June 2016 – The Development Bank of Rwanda (BRD) has entered into a US$15 million facility agreement with the Arab Bank for Economic Development in Africa (BADEA) to boost the Bank’s lending to the private sector. The signing ceremony was held on Sunday 12th June 2016 in Khartoum (Sudan) at BADEA’s headquarter. [...]

BRD awarded among the best performing DFIs in Africa

By | May 24th, 2016|latest-news, press-release|

BRD awarded among the best performing DFIs in Africa Lusaka May 24, 2016 – Lusaka Development Bank of Rwanda (BRD) has been recognized among the top 10 best performing development finance institutions (DFIs) in Africa at the ongoing 42nd Ordinary General Assembly meeting of the Association of African Development Finance Institutions (AADFI) in Lusaka, Republic [...]

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 [...]

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 [...]