BDEGL approves Loans to Banks in Rwanda, Burundi and DRC

{The Board of Directors of the Development Bank of the States of Great Lakes (BDEGL) held the 70th ordinary meeting in Goma, Democratic Republic of Congo (DRC).
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Among the Decisions which were made, the Board of Directors approved three loans of ten million American dollars (10,000.000 USD) to the National Development Banks namely:

-National Bank for Economic Development (BNDE) IN Bujumbura, Republic of Burundi: 2,000,00 USD,

-Finance Development Company (SOFIDE) in Kinshasa, DRC: 5,000,000 USD,

-Rwanda Development Bank (BRD) in Kigali, Rwanda: 3,000,000USD.

These loans are destined to strengthen the financing capacity of the local financial institutions in the productive projects of Small and Medium-size companies (SME) of the Member countries of the Economic community of the Great Lakes Countries.

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