Regulatory Alerts2025-11-01
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Annual Report on Payment Systems and Means of Payment and Their Supervision
The Bank of Burundi issued its 2024 annual report detailing the operational and regulatory evolution of national payment systems, highlighting a revised regulatory framework comprising two updated regulations and seven implementing circulars. The report documents significant growth in payment institution transactions, which increased by 69.4% in volume and 47.7% in value, alongside a strategic shift toward digital channels that reduced high-value interbank transfer volumes. To align with global fintech trends, the central bank initiated three major modernization projects: upgrading the Automated Transfer System to ISO 20022 standards, establishing an Instant Payment System, and fully digitizing the financial sector.
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