APO Group - Africa Newsroom / Press release | Rand Merchant Bank (RMB) supports ambitious development outcomes in Rwanda
Rand Merchant Bank (RMB) supports ambitious development outcomes in Rwanda
Source: africa-newsroom.com
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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.