From KuenselOnline.
26 January, 2010 - The country’s sole development bank that caters to rural Bhutanese, the Bhutan development finance corporation Ltd. (BDFCL), is aiming to acquire 57,820 rural credit customers by the end of 2013 as part of its micro-financing mandate. In 2009, BDFCL had 18,627 rural credit customers.

Upon completion of the financial year - 2009, the BDFCL is now open for business for the 2010.

With the appointment of former General Manager, Credit Operations as the Dy. Managing Director, a vacancy has been created for the post of a General Manager under Credit Operations.

After RGOB enhanced the paid up capital by Nu. 100 million in June, 2009. the new share holding pattern are as follows:

RGOB 93.50%
BOBL 3.75%
RICBL 1.50%
BNBL 1.25%

His Excellency Lyonchhen Jigmi Y. Thinley, inaugurated the BDFCL Vendors' Outreach Banking office on the 5th Decemeber, 2009 at the Centenary Farmers' Market, Thimphu. Reaching the unreached and makng banking services available at the door step of our people.

From KuenselOnline.
4 November, 2009 - Bhutan needs to adopt a national policy on micro finance. This was the message at a seminar on creating a suitable environment and regulatory framework for micro financing yesterday.

Dr Pema Choiphel, Advisor to BDFCL will be attending the Exporters Association meeting in Phuentsholing on the 23rd October, 2009.

BDFCL and BCCI will be signing a MOU for financing micro credit under the GGLS for micro enterprises for formal group i.e licence holder and registered member of the BCCI on the 28th of October, 2009.

BDFCL launched GGLS for the vegetable vendors at the Centenary Farmers' Market, Thimphu for 10 groups comprising of 43 members. Project started off very well and good response recieved from the public.

From Kuensel online.
17 October, 2009 - Its gleaming glass entrance leads straight to eight spacious business counters.

This provision in the Bhutan development finance corporation limited’s (BDFCL) brand new Nu 60 million head office complex on Norzin Lam in Thimphu has been built with an eye on the very near future.

The 21-year-old government- owned development bank with a special focus on agriculture development, the country’s only one, is hoping to expand into providing domestic banking services in the larger urban centres of Thimphu and Phuentsholing. The basic idea is to mobilise funds through savings and deposits to fund its rural credit operations.