Development Bank of Rwanda (B.R.D) Plc

BRD

  • Type Direct (National)
  • Date of accreditation 18 Feb 2025

Development Bank of Rwanda Plc (BRD), is the national development bank of Rwanda, mandated to work with the private sector, households and financial institutions to mobilize private capital in support of the country’s development agenda. BRD partners with microfinance institutions and savings and credit cooperatives to deliver tailored financial solutions to small-scale  farmers and small and medium-sized enterprises (SMEs).

BRD's mission is to drive the sustainable development of Rwanda by providing innovative, impactful, and inclusive development finance. BRD focuses on priority sectors such as agriculture, affordable housing, education, energy, and infrastructure - fully aligned with Rwanda's Vision 20250 and the National Strategy for Transformation. As a catalyst for investment and innovation, BRD is committed to advancing Rwanda's climate goals by reducing greenhouse gas emissions and strengthening the resilience of vulnerable communities. 

Through a strategic partnership with GCF, BRD aims to scale up its impact by mobilizing climate finance, technical expertise, and global best practices. In close collaboration with the National Designated Authority, BRD will expand the implementation of public, private and cross-cutting projects in key areas such as renewable energy generation and access, energy efficiency, green transport, climate-smart housing and cities, ecosystem-based adaptation, biodiversity conservation, sustainable resource management, climate resilient agriculture, and food and water security. 
 

Accreditation timeline

Accreditation term 1

Pending

Accreditation date

18 Feb 2025

AMA execution date

24 Jun 2025

AMA effectiveness

Pending

Term end date

Pending

Entity details

  • Size
    • Micro
    • Small
    • Medium
    • Large
  • Environmental and social risk category
    • Category C
    • Category B
    • Category A
    • Intermediation 3
    • Intermediation 2
    • Intermediation 1
  • Fiduciary standards
    • Basic
    • Project management
    • Grant award
    • On-lending/blending:
    • Loan
    • Equity
    • Guarantee
    • Blending

Documents

Contacts

Mr. Isaac Rugamba
Primary

Manager, Resource Mobilization and FI Relations
Mr. Fernand Kamanzi
Secondary

Head of Strategy and Resource Mobiliziation