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Community Financial Groups: Bif 10 Billion Volatilized
Summary by IWACU Burundi
1 Articles
1 Articles
The Bank of the Republic of Burundi (BRB) announced on 20 October 2025 that more than 10 billion BIFs of depositors from community financial groups have become volatile. According to Simplicite Nsabiyumva, Director of Financial Supervision and Stability at the BRB, financial groups are currently a major problem in the financial sector. The economist Jean Ndenzako gives a critical reading of the scandal of financial groups in Burundi.
·Burundi
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