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The government of Rwanda is in the process of selling at least 70% of its shares in Banque de Kigali to Barclays Bank.
“We are now engaged with Barclays bank and we hope to conclude this exercise in June,” Rwanda’s Finance Minister, Mr. James Musoni said recently. According to the minister, negotiations are well into [...]
Filed under: BANKING, FINANCE, HIGHLIGHTS | Leave a Comment »
By Patrick Mutimura Rising from ashes to glory, turning straw to Gold, are all expressions that would describe BCR’s evolution after privatization and small and medium enterprises’ transformation into the driving force of the Rwandan economy and post ’94 Rwanda in general. When BCR was privatized, ACTIS, the Government and Rwanda and its minority shareholders had [...]
Filed under: BANKING, CORPORATE | 1 Comment »
West African Banks enter Rwandan market
By Babu Emile
Experts predict an improvement in the quality of financial services and banking products that will ignite a highly competitive financial sector following the entry of West African based continental banks into the Rwandan banking arena.
On the 6th of July 2007 Ecobank officially took over ownership of Bank of [...]
Filed under: BANKING | Leave a Comment »
