Zigama Credit and Savings Bank: Difference between revisions
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'''Zigama Credit and Savings Bank''' (ZCSB), is a [[Microfinance|microfinance bank]] in Rwanda. The bank is one of the financial institutions licensed by the [[National Bank of Rwanda]], the national banking regulator.<ref>[http://www.bnr.rw/supervision/bankregister.aspx List of Licensed Banks In Rwanda]</ref> |
'''Zigama Credit and Savings Bank''' (ZCSB), is a [[Microfinance|microfinance bank]] in Rwanda. The bank is one of the financial institutions licensed by the [[National Bank of Rwanda]], the national banking regulator.<ref>[http://www.bnr.rw/supervision/bankregister.aspx List of Licensed Banks In Rwanda] {{wayback|url=http://www.bnr.rw/supervision/bankregister.aspx |date=20120512113114 }}</ref> |
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==History== |
==History== |
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ZCSB was established in 1997 as '''Zigama Credit & Savings Society''' (ZCSS), also referred to as '''Zigama CSS''', with its primary mission to serve the welfare of Rwanda's military families.<ref>[http://allafrica.com/stories/201011300199.html ZCSS Established To Serve Rwanda Military Families & Individuals]</ref> In 2011, the institution received a commercial banking license and rebranded to its current name.<ref>[http://www.busiweek.com/11/news/rwanda/817-competition-sets-in-as-new-banks-join-market Zigama Received Commercial Banking License In 2011]</ref> Since Its formation, the cooperative |
ZCSB was established in 1997 as '''Zigama Credit & Savings Society''' (ZCSS), also referred to as '''Zigama CSS''', with its primary mission to serve the welfare of Rwanda's military families.<ref>[http://allafrica.com/stories/201011300199.html ZCSS Established To Serve Rwanda Military Families & Individuals]</ref> In 2011, the institution received a commercial banking license and rebranded to its current name.<ref>[http://www.busiweek.com/11/news/rwanda/817-competition-sets-in-as-new-banks-join-market Zigama Received Commercial Banking License In 2011] {{wayback|url=http://www.busiweek.com/11/news/rwanda/817-competition-sets-in-as-new-banks-join-market |date=20110426143505 }}</ref> Since Its formation, the cooperative |
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bank has accepted membership from Rwanda Police Force and Rwanda Correctional Services.<ref>[http://allafrica.com/stories/201111010158.html Rwanda Prison Services Join Zigama]</ref> |
bank has accepted membership from Rwanda Police Force and Rwanda Correctional Services.<ref>[http://allafrica.com/stories/201111010158.html Rwanda Prison Services Join Zigama]</ref> |
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Revision as of 19:27, 20 July 2016
Company type | Private |
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Industry | Financial Services |
Founded | 1997 |
Headquarters | Kigali, Rwanda |
Key people | James Ndahiro Chairman |
Products | Loans, Savings, Investments |
Revenue | US$3.82 million (RWF:2.4 billion) (2012)[1] |
Total assets | US$143.1 million+ (RWF:90 billion (2012) |
Number of employees | 124 (2011) |
Website | Homepage |
Zigama Credit and Savings Bank (ZCSB), is a microfinance bank in Rwanda. The bank is one of the financial institutions licensed by the National Bank of Rwanda, the national banking regulator.[2]
History
ZCSB was established in 1997 as Zigama Credit & Savings Society (ZCSS), also referred to as Zigama CSS, with its primary mission to serve the welfare of Rwanda's military families.[3] In 2011, the institution received a commercial banking license and rebranded to its current name.[4] Since Its formation, the cooperative bank has accepted membership from Rwanda Police Force and Rwanda Correctional Services.[5]
Overview
The bank is a licensed cooperative bank, serving its members in Rwanda.[6] As of December 2012[update], the total asset valuation of the institution was in excess of US$143 million (RWF:90 billion).[7]
Ownership
As of December 2011[update], the detailed shareholding in the stock of Zigama Credit and Savings Bank are not publicly known. The bank is majority owned and administered by members of the Rwanda Defence Forces.[8]
Branch network
As of December 2011, ZCSB maintains branches at the following locations:[9]
- Main Branch - Kimihurura, Kigali
- Nyarugenge Branch - Nyarugenge, Kigali
- Kacyiru Branch - Kicyiru, Kigali
- Kanombe Branch - Kanombe, Kigali
- Kibungo Branch - Kibungo, Ngoma District
- Butare Branch - Butare, Huye District
- Ruhengeri Branch - Ruhengeri, Musanze District
- Cyangugu Branch - Cyangugu, Rusizi District
- Gisenyi Branch - Gisenyi, Rubavu District
- Byumba Branch - Byumba, Gicumbi District
- Kibuye Branch - Kibuye, Karongi District
- Nyagatare Branch - Nyagatare, Nyagatare District
- Gitarama Branch - Gitarama, Muhanga District
External links
See also
References
- ^ "allAfrica.com: Rwanda: Zigama Credit and Savings Society Registers U.S.$4.7 Million Profit". allAfrica.com. Retrieved 14 February 2015.
- ^ List of Licensed Banks In Rwanda Archived (Date missing) at bnr.rw (Error: unknown archive URL)
- ^ ZCSS Established To Serve Rwanda Military Families & Individuals
- ^ Zigama Received Commercial Banking License In 2011 Archived (Date missing) at busiweek.com (Error: unknown archive URL)
- ^ Rwanda Prison Services Join Zigama
- ^ Zigama Licensed As A Cooperative Bank
- ^ "allAfrica.com: Rwanda: Zigama Credit and Savings Society Registers U.S.$4.7 Million Profit". allAfrica.com. Retrieved 14 February 2015.
- ^ Zigama Is Owned and Operated By Members of Rwanda Military
- ^ "::: Zigamacss.com : Branches". zigamacss.com. Retrieved 14 February 2015.