Equity Bank Rwanda has assured clients of former Cogebanque Plc that they will access even better services following the completion of the merger of the two banks, after the former…
banks
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National
Equity Group Holdings Plc Acquires Cogebanque Plc To Become Rwanda’s 2nd Largest Bank
by Edmund Kagire 6:49 amEquity Group Holdings Plc, the parent company of Equity Bank Rwanda, has acquired majority shares in Compagnie Générale de Banque (Cogebanque PLC), one of Rwanda’s well-established banks. The group says…
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In March this year, the ministry of agriculture pleaded with parliament to push for the establishment of a farmer’s bank to address the challenge of lack of access to agriculture…
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Companies
Development Bank of Rwanda Floats $ 9M in Refugees Post Covid-19 Resilience
by Daniel Sabiiti 3:31 pmThe Development Bank of Rwanda (BRD) has floated subsidiary financing that will be used to finance development activities for refugees living in Rwanda and their neighboring communities. The funding worth…
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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, which…
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National
BPR, Seventh Day Adventists Partner to Make Tithe, Offertory Cashless
by KT Press Reporter 3:48 amIn 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…
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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…
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Technology
Africa Banks, Fintech CEOs Call for a Consolidated Payment Systems
by Daniel Sabiiti 7:35 pmAfrica 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…
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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 of…
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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.…
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Companies
For the First Time, Rwandan Bank Lists on Africa’s Top 100 Banks
by Dan Ngabonziza 10:47 amBank 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…