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Bank of Kigali Makes Rwf30 billion pre-tax Profit

Bank of Kigali Makes Rwf30 billion pre-tax Profit

Bank of Kigali Group – Rwanda’s largest bank by assets, has announced a pre-tax profit of Rwf30 billion (approx. $36million) and announced a proposed 40% dividends to its shareholders…

Rwanda Central Bank Suspends Registration of New Insurance Companies

Rwanda Central Bank Suspends Registration of New Insurance Companies

  The National Bank of Rwanda has suspended licensing new insurance companies until further notice, to maintain financial stability. “Considering the need to streamline the insurance sector to strengthen the…

VISA, Atlas Mara in Major Payments Deal

VISA, Atlas Mara in Major Payments Deal

Global payments firm Visa and Atlas Mara Limited that bought two of some of Rwanda’s biggest banks, have signed a commercial partnership to introduce new payment solutions and expand…