Neha Patil (Editor)

Access Bank Rwanda

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Industry
  
Financial Services

Headquarters
  
Number of employees
  
150 (2011)

Website
  
Homepage

Founded
  
1995

Type of business
  
Private

Access Bank Rwanda wwwnewtimescorwfilespromo1427324125IMG2480jpg

Key people
  
Jean Claude KarayenziManaging Director

Products
  
Loans, Checking, Savings, Investments, Debit Cards

Revenue
  
Aftertax:US$1,064,300 (RWF:711,800,000) (2013)

Total assets
  
US$83.4 million (RWF:55.8 billion) (2011)

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.

Contents

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. As of December 2011, the bank's total assets were US$83.4 million (RWF:55.8 billion, with shareholders equity of about US$9.72 million (RWF:6.65 billion).

History

The bank was first established in Rwanda in 1995, as Bancor SA, by a Ugandan investor. In 2000, after fourteen years of continuous successful banking operations, it was sold to Tribert Rujugiro, a Rwandese entrepreneur. In 2001, the bank was restructured and other investors of South African nationality were brought on board as part-owners. In August 2008, Access Bank Group, the Nigerian financial services provider took a 75% ownership in Bancor SA. In January 2009, the bank re-branded to Access Bank Rwanda.

Access Bank Group

Access Bank Rwanda is a member of the Access Bank Group, the sixth largest financial services provider in Nigeria, based on assets. Other member companies of the group include:

  • Access Bank Plc. - Nigeria
  • Omnifinance Bank - Ivory Coast
  • Banque Privée du Congo - Democratic Republic of the Congo
  • Access Bank Rwanda - Rwanda
  • Access Bank Sierra Leone - Sierra Leone
  • Access Bank Gambia - The Gambia
  • Access Bank United Kingdom - United Kingdom
  • Access Bank Zambia - Zambia
  • Finbank Burundi - Burundi
  • Ownership

    The bank's stock is owned by the following corporate entities and private individuals:

    Branch Network

    As of April 2010, the bank maintains branches in the following locations:

  • Main Branch - Kigali
  • City Center Branch - Kigali
  • Nyabugogo Branch - Nyabugogo, Kigali
  • Remera Branch - Remera, Kigali
  • Gisenyi Branch - Gisenyi
  • Cyangugu Branch - Cyangugu
  • Ruhengeri Branch - Ruhengeri
  • Bugarama Branch - Bugarama, Cyangugu Province
  • References

    Access Bank Rwanda Wikipedia


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