CRDB Bank Burundi Overview and Services

CRDB Bank Burundi is a leading financial institution in Burundi, offering a wide range of services to individuals and businesses alike. With a strong presence in the country, the bank has established itself as a trusted partner for financial solutions.

CRDB Bank Burundi was established in 1997, making it a relatively young bank with a growing presence in the region. Its headquarters is located in Bujumbura, the largest city in Burundi.

The bank offers a variety of services, including mobile banking, which allows customers to conduct financial transactions using their mobile phones. This service is particularly useful for those living in rural areas where access to traditional banking services may be limited.

CRDB Bank Burundi also offers a range of loan products, including personal loans and business loans, to help customers meet their financial needs.

A different take: Banks and Banking Services

CRDB Bank Burundi has operated in the country for the past 11 years.

The bank has managed to raise the number of its banking agents to 1,500 across Burundi from only 630 last year.

CRDB Bank Burundi SA has become the most profitable lender in Burundi, thanks to the innovativeness of its management and the support it gets from the government, its parent company, and various other partners.

The bank's assets have reached Sh985 billion and it has a total of Sh538 billion in customers' deposits.

Burundi contributed Sh30.2 billion to CRDB Bank Group's net profit for 2023.

The subsidiary recorded a net profit of 9.3 billion Burundian Francs (about Sh8.4 billion) during the first quarter of the current calendar year.

CRDB Bank Burundi SA has made strides in supporting cross-border investments between Burundi and Tanzania.

A SWIFT code, also known as a BIC (Bank Identifier Code), is a unique identifier for banks and branches worldwide. It's used to route international wire transfers and messages.

A SWIFT code is an 8-11 character code that identifies your country, city, bank, and branch. The code is made up of several parts, including the bank code, country code, location code, and branch code.

Related reading: Bank Code

The bank code is a shortened version of the bank's name, usually 4 letters long. It identifies the bank and is used to route international transactions.

The country code is 2 letters long and represents the country where the bank is located. In the case of CRDB Bank Burundi, the country code is BI.

The location code is 2 characters long and identifies the location of the bank's head office. It can be made up of letters or numbers.

The branch code is 3 digits long and specifies a particular branch of the bank. For CRDB Bank Burundi, the branch code is XXX, which represents the bank's head office.

Here are the details of the SWIFT code for CRDB Bank Burundi:

To use the SWIFT code for international transactions, you should copy the code above only when making SWIFT payments to your CRDB Bank Burundi account in Burundi.

CRDB Bank Burundi's Burundi subsidiary has become the most profitable lender in the country, with assets reaching Sh985 billion and a total of Sh538 billion in customers' deposits.

The bank has grown significantly, with a net profit of 9.3 billion Burundian Francs (about Sh8.4 billion) recorded in the first quarter of the current calendar year.

Through innovation, the bank has managed to raise the number of its banking agents to 1,500 across Burundi from only 630 last year, a remarkable increase.

The bank's Burundi subsidiary contributed Sh30.2 billion to CRDB Bank Group's net profit for 2023, a testament to its success.

CRDB Bank Burundi SA has made strides in supporting cross-border investments between Tanzania and Burundi, with the bank financing a fertilizer factory in Dodoma, Tanzania, built by a Burundian investor.

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