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Get to know development bank of rwanda (brd)

Established in 1967, the Development Bank of Rwanda (BRD) Plc is a public company with the Government of Rwanda as its majority shareholder. As the nation's dedicated Development Finance Institution (DFI), its mission is to be a strategic partner in financing Rwanda's development goals. BRD provides long-term financing and advisory services to key sectors of the economy, including agriculture, energy, infrastructure, housing, education, and export promotion, thereby playing a crucial role in the country's sustainable growth.

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development bank of rwanda (brd)

Rwanda

Founded in

1967 (59 Years)

Founded

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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