Access Bank Rwanda
Company type | Private |
---|---|
Industry | Financial Services |
Founded | 1995 |
Headquarters | Kigali, Rwanda |
Key people | Jean Claude Karayenzi Managing Director[1] |
Products | Loans, Checking, Savings, Investments, Debit Cards |
Revenue | ![]() |
Total assets | US$83.4 million (RWF:55.8 billion) (2011) |
Number of employees | 150 (2011) |
Website | Homepage |
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.[3]
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.[4] As of December 2011[update], 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 as Access Bank Rwanda.[5]
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.[6] Other member companies of the group include:
- Access Bank plc – Nigeria
- Omnifinance Bank – Ivory Coast[7]
- Banque Privée du Congo – Democratic Republic of the Congo[8]
- Access Bank Rwanda – Rwanda[9]
- Access Bank Sierra Leone – Sierra Leone
- Access Bank Gambia – The Gambia[10]
- Access Bank United Kingdom – United Kingdom
- Access Bank Zambia – Zambia
- Finbank Burundi – Burundi[11]
- Transnational Bank - Kenya[12]
Ownership
The bank's stock is owned by the following corporate entities and private individuals:[13]
Access Bank Rwanda Stock Ownership | ||||||||||||
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Branch Network
As of April 2010, the bank maintains branches in the following locations: [14]
- 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
See also
References
- ^ Jean Claude Karayenzi is Managing Director
- ^ Gasore, Ben (10 April 2014). "Rwanda: Access Bank Makes RWF 711 Million Profit". The Ne Times via AllAfrica.com. Retrieved 11 April 2014.
- ^ "List of Licensed Commercial Banks In Rwanda". Bnr.rw. Archived from the original on 2012-05-12. Retrieved 2012-04-30.
- ^ "Access Bank Rwanda Is 4th Largest Bank By Assets". Accessbankplc.com. Archived from the original on 2012-05-27. Retrieved 2012-04-30.
- ^ Mukaaya, Eddie (2009-01-22). "Rwanda: Bancor Bank Rebrands Now Access Bank Rwanda". The New Times (Kigali). Retrieved 2017-08-30.
- ^ Access Bank plc is Nigeria's 6th Largest Bank [dead link]
- ^ Bienvenue à Omnifinance (in French)
- ^ Banque Privee Du Congo Archived July 25, 2009, at the Wayback Machine
- ^ "Access Bank (Rwanda) Limited". Accessbankplc.com. Archived from the original on 2010-07-25. Retrieved 2012-04-30.
- ^ "Access Bank (Gambia) Limited". Accessbankgambia.com. Archived from the original on 2011-08-11. Retrieved 2012-04-30.
- ^ Isenged, Walter (2009-05-19). "Burundi: Finbank to Be Named Acess Bank". East African Business Week (Kampala). Retrieved 2017-08-30.
- ^ James Anyanzwa (1 June 2020). "Nigeria's Access Bank injects $9m into Rwandan subsidiary". The EastAfrican. Nairobi. Retrieved 1 June 2020.
- ^ Stock Ownership of Access Bank Rwanda [dead link]
- ^ Branch Network of Access Bank Rwanda [dead link]