Interbank Burundi Explained

Interbank Burundi
Type:Private
Location City:Bujumbura
Location Country:Burundi
Key People:Georges Coucoulis
(Chairman)
Callixte Mutabazi
(Chief Executive Officer)
Assets:BIF:304.56 billion (US$198 million) (2013)
Revenue: BIF:3.7 billion (US$2.4 million) (2013)
Industry:Banking
Products:Loans, Savings, Transaction account, Investments, Debit Cards, Credit Cards

Interbank Burundi, often called Interbank, is a commercial bank in Burundi. It is licensed by the Bank of the Republic of Burundi, the national banking regulator.[1]

The bank is a medium-sized financial services provider in Burundi, serving both individuals and businesses., Interbank was the second largest commercial bank in Burundi, with a market-share of 25%.[2] As of 31 December 2013, the bank's total assets were valued at BIF:304.56 billion (approx. US$198 million), with shareholders' equity of BIF:36.34 billion (approx. US$23.6 million).[3]

History

The bank was founded in 1993 by citizens and non-citizens of Burundi, representing over ten nationalities.

Branch network

, Interbank Burundi has a network of branches in Bujumbura (the largest city and former capital of Burundi) and in the provinces. Some of the locations where the bank maintains branches include the following:

  1. Main Branch – 15 Avenue de l'Industrie, Bujumbura
  2. Marché Central Branch – Avenue d'Allemagne, Bujumbura
  3. Quartier Asiatique Branch – Avenue Ntahangwa, Bujumbura
  4. Place de l'Indépendance Branch – Avenue du Commerce, Bujumbura
  5. Market Branch = Bujumbura Central Market, Avenue de la Croix-Rouge, Bujumbura
  6. Buyenzi Branch – 20th Avenue, Bujumbura
  7. Jabe Branch – Avenue de la Jeunesse, Bujumbura
  8. Ngozi Branch – RNG Road, Ngozi
  9. Kirundo Branch – Kirundo
  10. Gitega Branch – Gitega
  11. Muyinga Branch – Muyinga
  12. Makamba Branch – Makamba
  13. Rumonge Branch - Rumonge
  14. Kayanza Branch - Kayanza
  15. Bubanza Branch - Bubanza
  16. Masanganzira Branch - Masanganzira
  17. Ruyigi Branch - Ruyigi
  18. Cankuzo Branch - Cankuzo
  19. Mabanda Branch - Mabanda

See also

External links

Notes and References

  1. Web site: 15 April 2016. Burundian Financial System: The Commercial Banks. French . 15 April 2016. Bank of the Republic of Burundi (BRB). BRB. Bujumbura.
  2. Web site: About Interbank Burundi. 15 April 2016. 15 April 2016. Enjoyburundi.info (EBI). EBI. Bujumbura.
  3. Web site: Balance Sheet, Profit And Loss Accounts As of 31 December 2013. Interbank Burundi (IBB). Bujumbura. PDF. 15 April 2015. 7 March 2014. IBB. https://web.archive.org/web/20160603152216/http://interbankbdi.com/IMG/pdf/interbank_burundi_annual_report_2013.pdf. 3 June 2016. dead.