Desk research on banks in Burundi – August 2017

The bank field is facing great challenges related to current political and economic situation. This situation does not encourage financial inclusion. Burundi economy hardy paid from civil war side effects. It is only after Arusha agreement in 2000 that economic growth started. An economy dominated by agriculture, representing 43.5% of GDP and almost 90% of employment in 2008, immediate side effects on the financial crisis within financial sector had limited impacts.

Even though being small, the country banking system dominates financial sector and represents approximately 75% of all financial assets. In 2009, banks deposits and assets represented 34.6% and 29% of GDP respectively. Lack of access to financial services is a major issue where only 2% of the population are owner of a bank account, and 0.5% use banks loan services.

Short presentation of banks

Report outline

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