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Image header Agence Europe
Europe Daily Bulletin No. 9359
Contents Publication in full By article 32 / 35
GENERAL NEWS / (eu) eu/eib

Long-term finance for SMEs in Rwanda

Luxembourg, 05/02/2007 (Agence Europe) - In Kigali on 2 February, the European Investment Bank signed two Global Loan Agreements, one for €7million with the Banque Rwandaise de Développement (BRD) and one for €3million with the Banque Commerciale du Rwanda (BCR).

The two credit lines aim to increase the flow of long-term funds for SME development in Rwanda. The facility will enable the BRD and the BCR to provide long-term loans and structure leasing operations in euro and in Rwandan...

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