Dar es Salaam, May 22 -- ARUSHA: CRDB Banks Burundi subsidiary has finally become the most profitable lender in that country eleven years after entering the Bujumbura market.

The subsidiary, with four branches and plans to open an additional three this year, attributed its one-decade success to the novelty of its management and the support it gets from the government, its parent company and various partners.

CRDB Bank Group Chief Finance Officer (CFO), Mr Frederick Nshekanabo said the Burundi subsidiary has grown to become the most profitable lender in that country with signs seen last year after it claiming the second position.

“Our subsidiaries played a vital role in bolstering the groups performance, Burundi achieving an impre...