Development Bank of Rwanda (BRD)
- Industry: Banking, Finance & Insurance
- Type: Direct Employer
- Founded: 1967
- Employees: 101 - 200
About Development Bank of Rwanda (BRD)
Vision: To be an innovative and sustainable provider of development finance for socio-economic impact.
Mission: A trusted strategic partner for Rwanda’s development that offers financial solutions for enhanced value to our stakeholders.
Short, medium, and long-term investment loans to projects in the priority sectors of the Rwandan economy – particularly Agriculture, Exports, Manufacturing & Infrastructure, Energy, Housing and Education.
Trade finance and payment system facilities and instruments to facilitate first class trade support to new and existing clients.
The trade finance instruments includes
- International incoming and outgoing transfers by SWIFT system
- Documentary credits/issuing of Letters of Credit
- Stand-By Letter of Credit (SBLC)
Lines of credit to new and existing clients and Participating Financial Institutions (PFIs—Commercial banks, Micro Finances Institutions, and SACCOs) under different projects (funds) through on-lending model to avail liquidity to the market so that these can then lend to final beneficiaries.