Local banks
1,000 Maize Farmers Cleared in Urwego Bank Financial Scam
Over 1,000 farmers have recovered their rights to work with and get all services from their respective banks after the government ordered the Credit Reference Bureau (CRB) to scrap…
Cooperatives in Rwanda Seek Investor to Run Their New Bank
Rwandan cooperatives are anxiously waiting for establishment of a bank that will help finance most of their projects, which local commercial banks are reluctant to invest in. According to Rwandan…
Rwanda’s president orders for cooperative bank
President Kagame has ordered Trade and Industry Minister to establish a cooperatives bank as soon as possible. The President made the immediate order in response to a seemingly emotional request…
Rwandan banks growing exponentially, but not taped into abundant opportunities
KIGALI-RWANDA-Rwanda’s banking sector, regarded as a virgin industry, recorded modest profits in the first quarter of 2014, thanks to a cash-hungry economy recovering from the 2013…
