Industry Financial Services Type of business Private | Website Homepage Founded 2014 | |
Key people Edigold MondayManaging Director Products Loans, Checking, Savings, Investments, Debit Cards Total assets 13.7 million USD (UGX:38.1 billion, 2014) | ||
Crane Bank Rwanda is a commercial bank in Rwanda, licensed by National Bank of Rwanda, the central bank and national banking regulator.
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Overview
The bank began operations on Monday 30 June 2014, having received a full unrestricted banking license from NBR, one year earlier. The estimated total asset valuation of the institution at December 2014 was approximately US$13.7 million, with shareholders' equity of approximately US$8.6 million. The official exchange rate at 31 December 2014 was USh2,778 = US$1.00.
Ownership
Crane Bank Rwanda is a 100% subsidiary of Crane Bank, the 3rd largest commercial bank in Uganda, the largest indigenous commercial bank in the country, with approximately US$620 million in total assets at December 2014.
Ruparelia Group
Crane Bank Rwanda is a member of the Ruparelia Group, A Uganda-based conglomerate, that includes a bank, insurance companies, foreign exchange bureaux, schools, radio stations, a university, hotels and resorts.
Branches
As of July 2015, CBR maintains the following branches:
- Main Branch - 10249 Ville De Kigali, Nyarugenge, Muhima, Kigali
- La Bonne Adresse Branch -5447 La Bonne Adresse Building, 76 Avenue de la Revolution, Kigali.