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Hizamedia > Blog > Africa > President Traore Launches a New Treasury Deposit Bank in Burkina Faso, End to CFA Franc Currency Exploitation
Africa

President Traore Launches a New Treasury Deposit Bank in Burkina Faso, End to CFA Franc Currency Exploitation

Last updated: August 3, 2024 7:23 am
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Traore Unveils Treasury Deposit Bank to Foster Economic and Financial Autonomy for Burkina Faso.

Under the high patronage of the President of Burkina Faso Captain Ibrahim Traoré, President of Faso and Head of State, the Ministry of Economy, Finance, and Prospective organizes the official launch ceremony of the Treasury Deposit Bank (BDT) on Friday, August 2, 2024, at 9 a.m. at the bank’s headquarters, at the public Treasury in Koulouba.https://youtu.be/xv-D7wbqZEo

Open to public institutions, international organizations, state-owned companies, and public establishments of the state, projects and programs, local communities, private enterprises, associations, and NGOs, as well as individuals, the BDT’s mission is to ensure the banking functions of the public Treasury for its clients. This includes the collection and management of resources, execution of operations, provision of digital payment methods, development, and promotion of innovative banking services.

The BDT is a major innovation for the service of a healthy and transparent management of state finances, local communities, state-owned companies, public establishments of the state, and projects and programs.

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