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The process is expected to last six months and will lead to the new combined bank, with 47 brick-and-motor branches, 56 ATMs, and 6,000 banking agents across the country. The combined entity will be known as Equity Bank Rwanda and will employ about 700 staff.
I&M Bank Rwanda Plc, part of I&M Bank Group; Bank of Kigali Plc; BPR Bank Rwanda Plc, part of KCB Group; Guaranty Trust Bank Plc, part of GTCO Group; Ecobank Rwanda Plc, part of Ecobank Group
The responsibilities of the Ministry include preparing and presenting the national budget; managing the Treasury and the National Bank of Rwanda; and national economic planning. The institutional purview of the Ministry includes the School of Finance and Banking in Kigali and the Rwanda Revenue Authority.
Bank of Africa Rwanda Limited also BOA Rwanda, formerly known as Agaseke Bank, is a commercial bank in Rwanda. The bank is one of the licensed banks in the Republic of Rwanda. [3] The bank is a growing financial services provider in Rwanda. As of December 2012, its total assets were valued at approximately US$14.6 million (RWF:9.2 billion). [4]
The bank is a medium-sized financial institution in Rwanda. According to its web site, it is the fourth-largest commercial bank in the country, based on assets. [5] As of December 2023, the bank's total assets were US$179.44 million (RWF:231.06 billion), with shareholders equity of about US$25.9 million (RWF:33.37 billion).
BPR is a retail (consumer) bank, offering products that include current and savings accounts, debit and credit cards, mortgages and loans. The bank offers consumer banking tools like mobile banking, as well as agricultural business expertise to corporate customers in the food and agri-business value chain.
It was one of the banks licensed by the National Bank of Rwanda, the country's banking regulator. [ 3 ] As of June 2015, KCB Rwanda was a medium-sized financial service provider, with estimated total assets of about US$190.2 million (RWF:140 billion) and shareholders' equity of approximately US$16.3 million (RWF:12 billion).
The Bank was incorporated on August 5, 1967; however, its incorporation certificate was issued on 7/7/2011 while a banking license n°003 was issued by the National Bank of Rwanda on August 11, 2009. For more than four decades, BRD has been the sole provider of long term finance and has significantly facilitated the emergence of different ...