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Gitega Branch: The Client Portfolio

Our previous report of September 5 gave a general idea about the Gitega Branch which was launched in September 2000.
Today, we would like to propose you an overview of its operations' portfolio.

1. Background

Being the most important administrative centre after Bujumbura the capital City, the town of Gitega shelters several projects and socio-economic infrastructures which contribute a great deal to the economic and commercial development.


Thus, besides big shops and other boutiques dealing with general trading, the central market of Gitega which is located at some meters away from Interbank Burundi Branch, is very active.

That market constitutes a breeding ground for the branch's new operations portfolio.

Being also the central turning point for the development of the central, eastern and south eastern regions, the town of Gitega is the main supply center for locations like Ruyigi, Matana, Mwaro and Karuzi and stands as the link between those locations and the city of Bujumbura.

The Gitega Branch has become today the major link in this flow of commercial transactions.

2. The operations portfolio

The Gitega Branch today operates with:

  • 1520 operational accounts;
  • a credit portfolio of BIF 450M;
  • a deposit portfolio of nearly 1billion two hundred million;
  • an average daily pay-in of BIF 50M;
  • an average daily withdrawals of BIF 55M;
  • and an average daily encashment of BIF 130M.



Visa Agence Gitega

This client portfolio is mainly constituted by customers of the central market of Gitega,for whom IBB was the first bank's relation, distributors of the Brarudi brewery products as well as the trading in clothes, foodstuffs, the collection and the distribution of fresh and dry food items.

For all these categories of clients, "the major reason to do business with Interbank Burundi is related with the quality and the rapidity of interagency operations", says the Manager of the Gitega Branch , Mr Jean Charles NTIYANKUNDIYE.

IBB-News / 10 September 2002
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