BNDE | Banque Nationale pour le Développement Economique

BNDE | Banque Nationale pour le Développement Economique

Slogan: ENSEMBLE, ENTREPRENDRE L'AVENIR

Description: La Banque Nationale pour le Développement Economique (BNDE), has, since its inception, been dedicated to contributing to the creation and development of Senegalese businesses by offering diversified and tailored products and services, with a strong focus on SMEs. It is committed to maintaining the same vision of a privileged partnership with SMEs through a new Business Plan by 2021: "to be an innovative, high-performing, accessible bank and a privileged partner of SMEs for the economic development of Senegal." Its interventions, which perfectly illustrate Senegalese expertise, continue to be reinforced to promote innovative and inclusive financing dedicated to key segments of development, thus enabling all Senegalese citizens to access bank credit. Through a tailor-made commercial offering, BNDE provides an appropriate response to all clients.

Founded: 2014

Industries: Finance, Financial Services, Banking

Headquarter: Senegal

Last Investment: €70.00M Debt Financing investment at 26 April 2024

Last Investment Investors: Development Bank of Southern Africa (DBSA)

As an investor, BNDE presents an interesting opportunity within Senegal's financial sector. The company's strong commitment to supporting the growth of local businesses, particularly SMEs, aligns with the country's economic development goals. The recent debt financing investment of €70.00M by Development Bank of Southern Africa (DBSA) demonstrates confidence from established financial institutions. However, further analysis of the bank's performance, borrower portfolio quality, and risk management practices is necessary to assess the long-term viability and potential returns for potential investors.