Rwanda : I&M Bank take 80% shares in BCR

The entry of Kenyan based bank I&M in the Rwandan banking sector will see a boost in use of state of the art technology especially in electronic and mobile banking, and enhancement of use of ATM in Rwanda. The I&M bank officials and its partners, Proparco and DEG development finance institutions, on July 18 bought majority (80%) after a private equity firm Actis announced the sale of its 80 per cent shareholding in Banque Commercial du Rwanda... Read More