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Historic

The Banque Nationale pour le Développement Economique,” B.N.D.E.”,  was created in 1967, five years after the political independence of the country  and with a specific mission: To solve the problems of economic development of the country mainly in rural area, by financing small and medium enterprises but also microcredits. At its creation, the Public Authority had a vision to equip itself with a financing instrument for development projects to support the young economy of a country that has become politically independent. Took part in this noble project friends of Burundi and former tutors namely Belgium through the General Directorate Development of Cooperation and Germany through the KFW. France has also been involved through AFD and the whole of Europe through the European Investment Bank.

To be effective, this Institution was given autonomy of management as well as full powers. It could carry out operations on its behalf or that of third parties, such as the mobilization of internal and / or external resources for the realization of investments and the financing of all banking operations, and the promotion of enterprises in accordance with national Development plan; The provision of direct or indirect technical assistance to existing or new companies, particularly in terms of finding solutions related to Organization, Operation and Management.