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Urwego Bank is a licensed, Christian faith-based microfinance bank.Drawing upon its name (Urwego is the Kinyarwanda word that translates as “ladder” in English), Urwego's mission statement is, “To provide a ladder of opportunity to under-served communities in Rwanda as we proclaim and live the Gospel of Jesus Christ.” [5]
In January 2024, following the acquisition of 99.8 percent of Cogebanque, Equity Group began the process of merging Cogebanque with Equity Bank Rwanda. The process is expected to last six months and will lead to the new combined bank, known as Equity Bank Rwanda, with 47 brick-and-motor branches, 56 ATMs, and 6,000 banking agents. The combined ...
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]
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). [2]
The deal requires regulatory approval by regulators in COMESA, Rwanda and Kenya, as well as shareholders in Cogebanque and Equity Group Holdings. [ 6 ] The acquisition deal closed on 30 November 2023, with Equity Group Holdings paying US$47 million for 99.125 percent shares of stock of Cogebanque.
ZCSB was established in 1997 as Zigama Credit & Savings Society (ZCSS), also referred to as Zigama CSS, with its primary mission to serve the welfare of Rwanda's military families. [4] In 2011, the institution received a commercial banking license and rebranded to its current name. [ 5 ]
Likewise, radio in Rwanda is mainly conducted through a subsidiary of the RBA, Radio Rwanda. [14] The radio station offers Kinyarwanda, French, Kiswahili and English language services [15] in FM 100.7. As such, it is used to complement other media which mainly provided services in English and Kinyarwanda, the two popular languages in Rwanda ...
Websites of national news outlets are also easily accessible. These include the web versions of state-run media and pro-government outlets as well as independent outlets such as The Rwanda Focus, Rushyashya, The Chronicles, Umusanzu, and Rwanda Dispatch. [4] The constitution provides for freedom of speech and press "in conditions prescribed by ...