Burundi banks on CRDB in women, youth programmes

Dar es Salaam. The President of the Republic of Burundi, Mr Evariste Ndayishimiye, has invited CRDB Bank to come up with financial programmes that focus on youths and women in his country.

President Ndayishimiye said this recently when he received a delegation of CRDB Bank’s officials, led by chief executive officer Mr Abdulmajid Nsekela.

A statement obtained in Dar es Salaam yesterday said that the invitation followed ten years of the bank’s successful operations in his country whereby it has provided financial education and services that have changed the lives of Burundians in a number of ways.

“We are grateful that Tanzania participated to a great extent in achieving peace in Burundi and now you are coming to make progress together for the benefit of the country and the entire East African Community (EAC),” said President Ndayishimiye, who also doubles as the chairman of the EAC.

Earlier, Mr Nsekela applauded the government of Burundi for cooperating CRDB Bank.

He said it was due to the cooperation that CRDB Bank’s Burundi subsidiary was now a profitable entity.

“We will focus on the use of technology to be able to include more Burundians in the formal financial system. I am pleased that our plan to use Agency banking has continued to do well, and now, we have more than 600 agents who help provide services to our clients,” said Nsekela.

CRDB Bank’s Burundi subsidiary was established in 2012.