Rwanda Plc News Today

Rand Merchant Bank (RMB) supports ambitious development outcomes in Rwanda

KCB Group invested an additional Sh2.7 billion into its Rwandan subsidiary last year.

The move is part of efforts by the lender to shore up its regional retail banking business.

In its 2022 financial year results, BPR Bank Rwanda Plc announced Rwf32 billion Profit Before Tax, an 88 per cent increase from 2021 earnings.

The DRC unit has 1,752 workers. KCB Group also added 792 employees in the Kenyan, Rwandan and South Sudan operations.

KCB Group has appointed George Odhiambo, as the new MD for the National Bank of Kenya. Prior to his appointment, he has been working the Managing director of its Banque Populaire du Rwanda (BPR) subsidiary.

Patience Mutesi becomes managing director of BPR Bank Rwanda Plc, a subsidiary of KCB Group.

Patience Mutesi becomes managing director of BPR Bank Rwanda Plc, a subsidiary of KCB Group.

<p>BPR Bank Rwanda Plc, on November 1, 2022, signed an agreement with ADHI Rwanda to provide mortgage loans to clients that desire to purchase fully built affordable houses in Bwiza.</p>

BPR Bank Rwanda, the second largest bank in Rwanda has made a step further to support customers’ growth after signing a Memorandum of Understanding (MoU) with ADHI Rwanda, a subsidiary of ADHI Corporate Group to provide mortgage loan facility to customers willing to own houses at Bwiza Riverside Homes estate.