African Development Bank approves trade finance facility to Banque Commerciale Du Burundi
The Board of Directors of the African Development Bank (ADB) Group has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi (Bancobu). Leveraging Bancobu’s strategic footprint in the East African nation, this instrument will provide support to small and medium sized enterprises (SMEs) and local corporates, to facilitate their import and export trade finance requirements.
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Posted on Apr 17, 2023 Region: Burundi
trade finance African Development Bank, Banque Commerciale Du Burundi, Nnenna Nwabufo
