Industry Financial Services Number of employees 150 (2011) | Website Homepage Founded 1995 Type of business Private | |
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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:
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: