PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608926

Primary Business Area

Financial Institutions Group

Disclosure Date

Aug 6, 2024

Country

Burundi

Region

Africa

IFC Approval Date

Jul 17, 2024

Status

Active

Estimated Total Budget

$351,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Aug 7, 2024

Project Estimated Start Date

Sep 16, 2024

Project Estimated End Date

Dec 31, 2025

Project Description

IFC is poised to form a strategic partnership with Banque de Crédit de Bujumbura with the aim of bolstering the bank's capacity to cater to the needs of small and medium-sized enterprises (SMEs). The project is designed to enhance the bank's approach to SME banking by refining customer segmentation and aligning the business model to better serve this sector. Additionally, the project will focus on formulating a comprehensive digital transformation strategy to modernize the bank's operations and facilitate more efficient and effective service delivery to MSME clients.

Development Results

E&S Risks / Impacts and Mitigation