I&M Bank records high profit growth

I&M Bank has experienced a growth in loans and advances of 25 per cent to Rwf 65.6 billion of which more than 60 per cent was availed to small medium enterprises (SMEs) and retail clients. Customer deposits grew from Rwf85.8 billion to Rwf94.1 billion sighting almost a 10 percent increase as the bank registered more than 2000 new accounts. Total deposits grew from Rwf86.6 billion in 2012 to Rwf99 billion in 2013. Overall... Read More

Rwanda : Another Kenyan Bank to enter Rwandan market

Another Kenyan Bank, Commercial Bank of Africa (CBA) is now considering extending its services to Rwanda next year, as a way of exploring the current booming Rwanda’s banking industry – which is considered to be one of the most vibrant and seen as a reflection of the ongoing transformation agenda being pursued by Government and other key stakeholders. Competition in the sector has of late heightened that has drastically ... Read More

Rwanda : Rwanda’s economy will not be affected by Aid cut-offs

Central Bank governor, Ambassodor Claver Gatete has revealed that the UK, Netherlands and US cutting aid to Rwanda will not destabilize the country’s economy. “The money suspended was only a small part of the budget, so the economy won’t be affected,” said Gatete. He added that the country’s financial sector has continued to be sound and stable. The national institute of statistics rated GDP growth for the first semester... Read More

Rwanda | Kirehe: Ibigo by’imari iciriritse birasabwa gutanga serivise nziza ku babigana

Ubuyobozi bw’akarere ka Kirehe burasaba abahagarariye imirenge SACCO, n’ibindi bigo by’imari iciriritse  kuba aba mbere  mu gutanga serivise nziza batanga inguzanyo igihe babyemereye kugira ngo ababagana barusheho kuza babishimiye. Umunyamabanga nshingwabikorwa w’akarere ka Kirehe akaba na visi perezida w’access to finance forum muri ako karere, Zikama Eric, asaba byumwihariko abacunga za sacco kujya bakorana inama... Read More

Rwanda | Karongi: Banki y’Abaturage ya Mubuga igiye gutangira gukoresha ICT

Kuva mu mpera z’ukwezi kwa kabili, kugeza mu cyumweru cya mbere cy’ukwezi kwa gatatu banki y’abaturage ishami ryo mu murenge wa Mubuga mu Karere ka Karongi riri mu mirimo yo gutangira gukoresha ikoranabuhanga mu  bikorwa bitandukanye birimo kubitsa, kubikuza, kohereza/kwakira amafaranga no gukoresha telephone zigendanwa kuri konti (mobile banking). Banki y’abaturage-Karongi Ibi bigamije gutuma iryo shami rirushaho... Read More

Shyara: Abagore bibumbira mu bimina kugirango babashe kwiteza imbere

Umuyobozi w’akarere ka Bugesera Rwagaju Louis asura abagore mu bimina Abagore bo mu murenge wa Shyara mu karere ka Bugesera baratangaza ko bibumbira mu bimina kugira ngo babashe kwiteza imbere. Muri iyo gahunda y’ibimina, abaturage bakennye bishyira hamwe mu matsinda bakagenda batanga amafaranga make asagutse ku yo bakorera mu mirimo itandukanye. Babifashijwemo n’umuryango “Care International”, babanza guhugurwa... Read More