KCB Bank Rwanda was a commercial bank in Rwanda and a subsidiary of Kenyan KCB Group. It was one of the banks licensed by the National Bank of Rwanda, the country's banking regulator.[3]
As of June 2015, KCB Rwanda was a medium-sized financial service provider, with estimated total assets of about US$190.2 million (RWF:140 billion) and shareholders' equity of approximately US$16.3 million (RWF:12 billion).[2]
History
In December 2008, KCB Rwanda commenced banking services in Kigali, following licensing by the National Bank of Rwanda. Since then, the bank has opened fourteen (14) branches in the country.[2] KCB Rwanda is a 100% subsidiary of the KCB Group.
Following the acquisition of BPR by KCB Group,[4] KCB Rwanda was merged into Banque Populaire du Rwanda to form BPR Bank Rwanda Plc, making it the country's second largest bank.[5]
Branch network
, KCB Rwanda had a network of 14 branches across the country. This includes the following:[6][7]
- Main Branch - Avenue de la Paix, Kigali
- Kimironko Branch — Kimironko, Kigali
- Nyabugogo Branch — Nyabugogo, Kigali
- Remera Branch — Remera, Kigali
- Gisozi Branch — Gisozi, Kigali
- Tropical Plaza Branch — City Centre, Kigali
- Musanze Branch - Musanze
- Rubavu Branch - Rubavu
- Muhanga Branch - Muhanga
- Huye Branch - Huye
- Rusizi Branch - Rusizi
- Kayonza Branch- Kayonza
- Nyarutarama Branch - MTN Centre, Nyarutarama, Kigali
See also
- List of banks in Rwanda
- KCB Group
- Kenya Commercial Bank
- KCB Sudan
- KCB Tanzania
- KCB Uganda
References
- Justus Ondari. KCB bets big on Rwanda Daily Nation, 25 April 2010, retrieved 1 November 2015^
- Triphomus Muyagu. Rwanda: KCB Registers 37 Percent Growth in Total Assets The Rwanda Focus via AllAfrica.com, 31 August 2015, retrieved 1 November 2015^
- BNR. List of Licensed Banks In Rwanda As At November 2015 National Bank of Rwanda (BNR), 1 November 2015, retrieved 1 November 2015^
- KCB Group PLC Completes Acquisition of Banque Populaire du Rwanda Plc (BPR). KCB Group, 13 September 2021, retrieved 6 March 2022^
- Patrick Nzabonimpa. KCB Group completes acquisition of Banque Populaire du Rwanda The New Times, 5 May 2022, retrieved 5 May 2022^
- Triphomus Muyagu. Rwanda: KCB Upgrades Nyarutarama Branch The Rwanda Focus via AllAfrica.com, 29 October 2015, retrieved 1 November 2015^
- KCB Group. Location of the Branches of KCB Rwanda Kenya Commercial Bank Group, 1 November 2015, retrieved 1 November 2015^