President Traoré Launches Postal Bank Of Burkina Faso

Emmanuel EjioforOctober 7, 20241 Mins read1.7k

Photo Source: Agence d’Information du Burkina.

Burkinabe head of state, Captain Ibrahim Traoré, has officially launched the Postal Bank of Burkina Faso (BPBF) on Monday.

The bank, with a capital of 15 billion CFA francs ($25 million), was approved in April 2022 with the aim of promoting financial inclusion and fostering shared prosperity.

Furthermore, the bank is designed to meet the growing demand for project financing, particularly for young people, women, and the middle class.

The establishment of BPBF is part of the government’s effort to strengthen Burkina Faso’s economic resilience.

Read: Burkina Faso Has Resources To Mine Its Own Gold, Says President Traoré

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2 Comments

Novella says:

June 25, 2025 at 6:43 pm

Can a African American open a account if so how

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Dorothy Young says:

September 19, 2025 at 2:54 pm

I am located in Reidsville North Carolina, I never felt that I belonged in this country, an I am coming home to Africa I got my passport, an need to get a ticket to Africa, if you can help me, I really appreciate you. But how can I open a bank account.

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