Trisha Shetty (Editor)

Crane Bank Rwanda

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Industry  Financial Services
Headquarters  Kigali
Type of business  Private
Website  Homepage
Founded  2014

Key people  Edigold Monday Managing 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.

Contents

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:

  1. Main Branch - 10249 Ville De Kigali, Nyarugenge, Muhima, Kigali
  2. La Bonne Adresse Branch -5447 La Bonne Adresse Building, 76 Avenue de la Revolution, Kigali.

References

Crane Bank Rwanda Wikipedia


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