President Traoré Launches Postal Bank Of Burkina Faso

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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