CRDB BANK BURUNDI POSTS 7.1% PROFIT GROWTH IN Q1 2025

Bujumbura, Burundi – CRDB Bank Burundi has reported a 7.1% increase in profit after tax for the first quarter of 2025, signaling robust operational performance and effective cost discipline. The bank, a subsidiary of Tanzania’s CRDB Bank Group, posted a profit of 9.0 billion/- (equivalent to 9.76 billion Burundian francs), up from 8.4 billion/- (9.3 billion francs) during the same period in 2024.

The lender’s total assets climbed to 1.611 trillion/- (1.911 trillion francs), indicating continued growth and increased market penetration.

“These results reflect our ongoing commitment to consolidating market leadership through strategic investments and customer-centric innovations,” said Mr. Fredrick Siwale, Managing Director of CRDB Bank Burundi (pictured).

Strategic Focus Areas

CRDB Burundi’s Q1 performance was underpinned by:

• Expansion to seven physical branches nationwide.
• Deployment of over 2,000 ‘Turi Hose’ agents to increase access to financial services.
• Continued investments in digital banking infrastructure to enhance service delivery and convenience.

“We’re reaching more Burundians than ever, especially underserved groups like youth and women,” Mr. Siwale emphasized. “Our inclusive lending model supports individuals, SMEs, corporates, and key economic sectors.”

Financial Highlights

• Customer deposits rose to 816 billion/- (911 billion francs).
• Loan portfolio increased to 841 billion/- (908 billion francs), reinforcing the bank’s growing role in financing development.
• Strong focus on cross-border trade facilitation, with strengthened ties to global financial institutions such as IFC, DFC, and Proparco.

Vision for Growth

CRDB Bank Burundi is aligning its operations with a broader vision of inclusive financial growth and economic transformation. With a stable capital base and an expanding suite of innovative products, the bank is well-positioned to sustain its growth momentum throughout 2025.

“We are broadening our product offerings to meet evolving market needs and support Burundi’s economic transformation,” said Mr. Siwale.

In 2024, CRDB Burundi contributed 6% to the Group’s overall profit after tax, delivering 40.3 billion/- in net profit and managing assets worth 1.48 trillion/-. The bank, established in 2012, continues to play a key role in Burundi’s financial sector evolution.