Banque de Crédit de Bujumbura

The group provides strategic and operational support, and access to international markets through its presence in Europe, Asia and North America.

In 2020 Degroof sold its shares in BCB to FAJAC, a new shareholder, BOA Group and BIO.

[6] BCB opened its first branch in the interior of the country in 1967 in Ngozi, which was booming due to the coffee business.

Despite this, it made a strong return with 19% growth in its balance sheet, which the managing director attributed to the new focus on SMEs.

The formal and informal micro-, small-, and medium-sized enterprises (MSMEs) included more than 90% of firms in the country.

The loan to BCB would let the bank give them better access to the capital they needed in order to grow.