BNDE | Banque Nationale pour le Développement Economique logo — ENSEMBLE, ENTREPRENDRE L'AVENIR

BNDE | Banque Nationale pour le Développement Economique

ENSEMBLE, ENTREPRENDRE L'AVENIR

Founded 2014 Senegal Senegal 248 employees Debt Financing Total: $70.00M Finance, Financial Services +1

General Information

Company Name BNDE | Banque Nationale pour le Développement Economique
Founded Year 2014
Location Senegal Senegal +1
Employees 248
Industries Finance, Financial Services, Banking
Funding Stage Debt Financing
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About 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.

Taxonomy: Banking, Economic Development, SMEs, Financial Inclusion, Senegal, Business Partnerships, Innovative Financing, Agricultural Projects

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing €70.00M 1 Development Bank of Southern Africa (DBSA) 26 Apr 2024

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FAQ About BNDE | Banque Nationale pour le Développement Economique

ENSEMBLE, ENTREPRENDRE L'AVENIR
BNDE | Banque Nationale pour le Développement Economique was founded in 2014.
BNDE | Banque Nationale pour le Développement Economique is headquartered in Senegal.
BNDE | Banque Nationale pour le Développement Economique operates in the following industries: Finance, Financial Services, Banking.
BNDE | Banque Nationale pour le Développement Economique has approximately 248 employees.
BNDE | Banque Nationale pour le Développement Economique has completed 1 funding round, raising a total of $70.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to BNDE | Banque Nationale pour le Développement Economique include Katalyse, LMI Solutions, Mint, Les Services SIPD inc., akawam. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
BNDE | Banque Nationale pour le Développement Economique and Katalyse are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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