Interbank Burundi s.a.

Muyinga Branch: The Client Portfolio

Follow up and end of our assessment of Interbank Burundi Muyinga branch : an overview of its client portfolio.

1. Background

The province of Muyinga is populated by 600,000 inhabitants, located in seven communes and has got 15 commercial centres operating on two days and several socio-economic infrastructures.

The provincial centre is inhabited by 8,000 persons and shelters several distribution businesses, ranging from dry food items, to clothing and gold trading.

Welcoming of personalities invited at Official Opening.

Several non-governemental organizations are also operating in the province, notably IMC, INTER-SOS, Agro Action Allemande ...as well as development projects like the Rice Farming Project funded by FAO.

Muyinga branch has become today the major bank for all those economic agents holding important market shares of the client segments made of the markets of Muyinga and the main trading centres of the province, notably Ruzo, Murama, Giteranyi.

2. The operations portfolio

After a year of operations, Muyinga branch is running with :

nearly 900 operational accounts;
a deposit portfolio of 400M;
a credit portfolio of 250 M;
an average daily payments of 25 M;
an average daily withdrawals of 17 M;
and an average pay-in of 40.

Muyinga Branch, Checking Desk

"Those very encouraging results will stir up our objective to win the lead of the market of Muyinga, through the promotion of new client portfolios" said Mr Jean -Marie NKURUNZIZA, the Manager of Muyinga branch.

"Since our clients highly appreciate our branches interconnected network facilities " he added.

IBB-News / 24 September 2002
_________________

Back to IBB-Infos Top