The President of Faso, Head of State, Captain Ibrahim Traoré, proceeded, this Monday in Ouagadougou, to the official launch of the activities of the Postal Bank of Burkina Faso (BPBF).In his official speech delivered by the Minister of Economy and Finance, Aboubakar Nacanabo, the President of Faso welcomed the birth of this bank which is part of his vision of "inclusive development, economic and social progress from which every Burkinabe can benefit."For the Head of State, this institution is not just a bank; it embodies the aspirations of our people in search of a better life that will come about through the financing of the strategic sectors of our economy.The Postal Bank of Burkina Faso, alongside the Treasury Deposit Bank and the Caisse des Dépôts et d'Investissements, whose activities will be launched soon, will play "a crucial role in the centralization of public resources and the financing of structuring projects, thus contributing to the economic transformation of our country."In the bank's gu estbook, the President of Burkina Faso invited staff to make BPBF a local financial institution that will support development throughout Burkina Faso.The Director General of BPBF, Inoussa Boundaoné praised the efforts of the Head of State and the government for their involvement in the effective launch of this bank. For him, BPBF, which took its first steps in the banking world in April 2023, is "the fruit of a collective effort, guided by a strong conviction, that of making banking services closer to citizens, wherever they are."With a capital of 15 billion FCFA, BPBF is a commercial bank for all audiences. According to the CEO, it reflects the shareholders' commitment to offering financial services adapted to the needs of populations to strengthen financial inclusion.The bank's ambition is to facilitate access to financial services for the most vulnerable, support small and medium-sized enterprises, and play a leading role in the development of the national economy.Source: Burkina Information Agenc y