Guaranty Trust (GT) Bank acquires Fina bank

Fina bank operations in Rwanda, Uganda and Kenya will now be renamed and rebranded as subsidiaries of Guaranty Trust (GT) Bank, after the latter acquiring at least 70 per cent stake in shares in the three regional countries. The move comes after customary regulatory approvals which have been obtained after GT Bank and the shareholders of Fina Bank entered into a Share Sale and Purchase Agreement for the acquisition of 70 percent stake in Fina Bank... Read More

Rwanda : NGO’s benefit from bank tax exemptions

Over 106millions Rwandan francs has been saved by International and Local Non government Organizations in Rwanda, since the introduction of the  Fina Free ‘N’ Go Account is designed for NGO’s, Trusts, Charities, Mission Schools and Hospitals. The account, pioneered by Fina Bank Rwanda is the is tax free for all NGO’s operating in Rwanda and it is part of the Fina bank’s social and corporate responsibility. The bank’s Managing Director,... Read More