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 subsidiary to BRD and streamlined the previous mission.

The merger was decided by the BRD Board of Directors meeting held on 17th March 2011 with the aim of improving the efficiency of operations, the quality, the range of services and products to be provided by the new company, BDF Ltd.