Understanding Banque de Crédit de Bujumbura Shareholding and Competitors

Banque de Crédit de Bujumbura is a significant player in the Burundian banking sector, and understanding its shareholding and competitors is essential for making informed decisions.

The bank is owned by the Government of Burundi, with a 92% stake. This majority ownership gives the government substantial control over the bank's operations and decision-making processes.

Banque de Crédit de Bujumbura's primary competitors in the Burundian market include Banque de la République du Burundi and Bank of Kigali. These institutions offer similar banking services and products, making competition fierce.

The bank's shareholding structure and competitive landscape have a direct impact on its ability to provide financial services to customers and drive economic growth in the region.

Banque de Crédit de Bujumbura is a leading financial institution in Burundi, with a rich history dating back to 1966. It was established by the government to provide financial services to the local population.

The bank's headquarters is located in Bujumbura, the capital city of Burundi, and it has a strong presence in the country's banking sector. With a long history of stability and growth, the bank has become a trusted partner for individuals, businesses, and institutions in Burundi.

Banque de Crédit de Bujumbura offers a wide range of financial products and services, including savings accounts, loans, and credit cards. Its experienced team of professionals is dedicated to providing excellent customer service and support.

The bank's commitment to innovation and technology has enabled it to stay ahead of the curve in the rapidly changing banking landscape.

Banque de Crédit de Bujumbura has raised a total funding of $2.76M over 3 rounds. Its first funding round was in 2008.

The bank has managed to secure funding through multiple rounds, which is a testament to its ability to attract investors and secure support for its operations.

Banque de Credit de Bujumbura has raised a total funding of $2.76M over 3 rounds.

Its first funding round was on 2008.

Investors are individuals or organizations that provide capital to businesses or projects in exchange for a return on investment. They can be angels, venture capitalists, or institutional investors.

Investors can be individuals or organizations with a lot of money to invest, such as family offices or pension funds.

Investors typically expect a financial return on their investment, which can come in the form of dividends, interest, or capital gains.

Investors often have a say in how the business is run, which can be a trade-off for the potential returns.

Banque de Crédit de Bujumbura has a total funding of $2.76M from BIO Invest. Scotiabank1832 is its main competitor, a commercial bank with a total Tracxn Score of 75/100.

The company ranks 2nd among its competitors, with a Tracxn Score of 29/100. Banque de Crédit de Bujumbura's competitors include Kreissparkasse Biberach, Bancobu, BGF Bank, and CRDB Bank Burundi.

Here's a brief overview of Banque de Crédit de Bujumbura's top competitors:

The Banque de Crédit de Bujumbura has undergone significant shareholding changes over the years. In 1965, it was acquired by Banque Belgolaise.

The bank's main shareholder, Banque Belgolaise, sold its shares in 2008 to three independent banks: the Bank of Africa Group, the Belgian Investment Company for Developing Countries, and Banque Degroof. BIO made an initial investment of €1 million.

BIO continued to invest in the bank, adding €230,000 in 2009 and €832,000 in 2010. This increased its stake in the bank.

The Bank of Africa Group (BOA Group) has been the majority owner of the BCB since 2010. BOA Group is Morocco's second largest private bank.

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

Here is a breakdown of the bank's current shareholders:

The Republic of Burundi has a representative on the board of directors.

Banque de Credit de Bujumbura has several competitors in the market. The overall ranking of these competitors is led by Scotiabank1832, a commercial bank from Toronto, Canada.

The second-ranked competitor is Banque de Credit de Bujumbura itself, a commercial bank from Bujumbura, Burundi, with a total funding of $2.76M from BIO Invest.

Kreissparkasse Biberach, a commercial bank from Germany, ranks third with an unfunded status.

Bancobu, a commercial bank from Bujumbura, Burundi, ranks fourth with an unfunded status.

BGF Bank, a provider of credit, saving account, and internet banking services from Bujumbura, Burundi, ranks fifth with an unfunded status.

CRDB Bank Burundi, a commercial bank from Bujumbura, Burundi, ranks sixth with an unfunded status.

Here's a brief summary of the competitors:

Crédit Bujumbura has been serving customers since 1909, with its main branch located in Bujumbura since 1922.

The bank has a long history of providing quality service to its varied customers, including leaders of companies and individuals involved in foreign trade financing. It offers a personalized service to these clients, both for imports and exports.

B.C.B. applies a professional code of ethics, particularly in the fight against terrorism and money laundering. This code is essential in ensuring a quality service to its customers.

The bank was the first to become computerized in Burundi and continues to offer services that combine technology, security, economy, and speed. This makes it a reliable choice for customers looking for efficient banking services.

The bank's organizational structure includes various departments, each with its specific role:

B.C.B. has consistently occupied the first place on the domestic market and offers a comprehensive range of financial services for private individuals, companies, investors, and public services.