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 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 [...]
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 [...]
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 [...]
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 [...]
