Rwanda

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“New strategic plan 2016-2020: an expanded and refocused mandate” – Kanyankole

By | March 30th, 2016|Blogs|

Alex Kanyankole, Chief Executive Officer, BRD I am pleased to inform you all, our esteemed stakeholders, that we closed yet another financial year at the Development Bank of Rwanda (BRD) with positive results. Last year (2015) was an extremely exciting year at BRD that saw the conclusion of a restructuring process to align the [...]

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 [...]