Access Bank Rwanda is a commercial bank in Rwanda. It is one of the commercial banks licensed by the National Bank of Rwanda, the national banking regulator.[3]
Overview
The bank is a medium-sized financial institution in Rwanda. According to its web site, it is the fourth-largest commercial bank in the country, based on assets.[4], the bank's total assets were US$179.44 million (RWF:231.06 billion), with shareholders equity of about US$25.9 million (RWF:33.37 billion).[5]
History
Access Bank (Rwanda) PLC is a commercial bank that operates in Rwanda. The bank was officially launched in January, 2009 after fulfilling all regulatory requirements. Formerly BANCOR SA Rwanda and created in 1995 by foreign investors, the bank was restructured in 2001 after its takeover by Rwandan and South African private investors.[6] Having commenced operations in Kigali, the Bank has since expanded its operations by extending its network to Nyabugogo, Rubavu and Rusizi. Access Bank Plc, one of the largest banks in Nigeria, officially acquired BANCOR S.A. after its successful acquisition of a 75 percent stake.[7][8]
Access Bank Group
Access Bank Rwanda is a member of the Access Bank Group, the largest financial services provider in Nigeria, based on assets, as of June 2023.[7] Other member companies of the group include:
- Access Bank Plc – Nigeria
- Omnifinance Bank – Ivory Coast[9]
- Banque Privée du Congo – Democratic Republic of the Congo[10]
- Access Bank Rwanda – Rwanda[11]
- Access Bank Sierra Leone – Sierra Leone
- Access Bank Gambia – The Gambia[12]
- Access Bank United Kingdom – United Kingdom
- Access Bank Zambia – Zambia
- Finbank Burundi – Burundi[13]
- Access Bank Kenya - Kenya[14]
- Access Bank South Africa – South Africa
- Access Bank Uganda – Uganda[15]
Ownership
The bank's stock is owned by the following corporate entities and private individuals:[16]
Access Bank Rwanda - Branch Network
As of April 2022, the bank maintains branches in the following locations: [17]
- Access Bank Rwanda Head Office - KN4 Ave, 3rd Floor- KIC Building (Formerly known as UTC Building), Kigali Rwanda
- Remera Branch - Remera, Kigali, Rwanda
- Nyabugogo - Nyarugenge, Kigali, Rwanda
- Rubavu - Rubavu District
- Musanze- Musanze District
- Rusizi - Rusizi District
- CHIC Branch - Kigali, Rwanda
- KICUKIRO / Mt. Meru Station - Kigali, Rwanda
See also
External links
References
- Access Bank appoints new Managing Director The New Times (Rwanda), 12 May 2021, retrieved 18 July 2021^
- Board and Management Team Access Bank Rwanda, retrieved 18 July 2021^
- BNR-National Bank of Rwanda: Licensed Banks www.bnr.rw, retrieved 2022-04-07^
- Access Bank Rwanda Is 4th Largest Bank By Assets Accessbankplc.com, retrieved 2012-04-30^
- Access Bank Rwanda Plc: Audited Financial Statements For The Year Ended 31 December 2023 Access Bank Rwanda, 21 February 2024, retrieved 10 June 2024^
- Bancor bank rebrands now Access Bank Rwanda The New Times (Rwanda), 22 January 2009, retrieved 7 April 2022^
- Adekunle Agbetiloye. Top Nigerian banks by asset size in H1 2023 BusinesInsider.com, 24 September 2023, retrieved 11 January 2024^
- Bosco Hitimana. Nigeria: Access Bank Acquires 75 Percent Stake in Big Rwandan Bank East African Business Week, 4 August 2008, retrieved 11 January 2024^
- Bienvenue à Omnifinance^
- Banque Privee Du Congo^
- Access Bank (Rwanda) Limited Accessbankplc.com, retrieved 2012-04-30^
- Access Bank (Gambia) Limited Accessbankgambia.com, retrieved 2012-04-30^
- Walter Isenged. Burundi: Finbank to Be Named Bank East African Business Week (Kampala), 2009-05-19, retrieved 2017-08-30^
- James Anyanzwa. Nigeria's Access Bank injects $9m into Rwandan subsidiary The EastAfrican, 1 June 2020, retrieved 1 June 2020^
- Edna Mwenda. Nigeria's Access Bank Acquires Ugandan Lender The EastAfrican, 27 January 2024, retrieved 10 June 2024^
- Stock Ownership of Access Bank Rwanda^
- Branch Network of Access Bank Rwanda^