EQTY 440.00 -5 CTL 65.00 0.00 KCB 370.00 0.00 USL 104.00 0.00 NMG 1,200.00 0.00 BLR 139.00 0.00 BK 265.00 0.00 IMR 90.00 0.00

banks

KCB Acquires 62.06% Stake in Rwanda’s BPR Atlas Mara

KCB Acquires 62.06% Stake in Rwanda’s BPR Atlas Mara

Atlas Mara Limited and Kenya Commercial Bank (KCB) Group Plc has signed a definitive agreement to acquire 62.06% of issued shares in Banque Populaire du Rwanda Plc (BPR). BPR…

BPR, Seventh Day Adventists Partner to Make Tithe, Offertory Cashless

BPR, Seventh Day Adventists Partner to Make Tithe, Offertory Cashless

 In times when cashless transactions are encouraged as part of efforts to deter the spread of the New Coronavirus, even churches have had to become more innovative in terms of…

Rwanda Reinstates Charges On Cashless Transactions

Rwanda Reinstates Charges On Cashless Transactions

The National Bank of Rwanda (BNR) has reinstated charges on all cashless transactions after the three months period with zero charges introduced in March this year, as part of the…

Africa Banks, Fintech CEOs Call for a Consolidated Payment Systems

Africa Banks, Fintech CEOs Call for a Consolidated Payment Systems

Africa Fintech firms and banks have called for a consolidated effort to provide as much information and access to digital information as a way of evolving the payment ecosystem under…

Let All Banks Offer Loans to Farmers – Agriculture Minister

Let All Banks Offer Loans to Farmers – Agriculture Minister

The ministry of agriculture has asked parliament to push for establishment of a farmer’s bank to address the challenge of lack of access to agriculture financing. The national bank…

Rwandan Banks to Face Sanctions over Delayed Payments

Rwandan Banks to Face Sanctions over Delayed Payments

The National Bank of Rwanda has presented the first Monetary Policy and Financial Stability Statement (MPFSS) of 2020, which came with major improvements in banking, saving and credit schemes operations…

For the First Time, Rwandan Bank Lists on Africa’s Top 100 Banks

For the First Time, Rwandan Bank Lists on Africa’s Top 100 Banks

Bank of Kigali – Rwanda’s largest Financial Institution in terms of assets, has been listed on the top 100 African banks for 2019 with tier 1 capital set at $189…