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Find all the economic and financial information on our Orishas Direct application to download on Play StoreC'était samedi 11 novembre 2023 que the Commercial Bank of Burundi (Bancobu) and the Banque de Crédit de Bujumbura (BCB) have concluded two loan agreements, for a total amount of $95 million, with Afreximbank.
The agreement between the two financial institutions aims to strengthen their lending activities to export-import and trading companies. The agreement concluded with Bancobu covers an amount of $55 million. This financing will allow this bank, which is 32% owned by the Burundian State, to strengthen its loans to companies importing essential products such as petroleum products. The second loan agreement worth $40 million, signed with Banque de Crédit de Bujumbura style="font-family: "Bookman Old Style”, "serif"">, aims to support trade finance in Burundi. The objective of Afreximbank is to strengthen intra-African trade
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