National Bank of Rwanda

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National Bank of Rwanda
Banki Nkuru Y'u Rwanda
Banque Nationale du Rwanda
BNR LOGO.jpg
HeadquartersKN6 Avenue
Kigali, Rwanda
Established1964
GovernorJohn Rwangombwa
Central bank ofRwanda
CurrencyRwanda franc
RWF (ISO 4217)
ReservesUS$1 billion (July 2016)[1]
WebsiteHomepage

The National Bank of Rwanda (Kinyarwanda: Banki Nkuru Y'u Rwanda, French: Banque Nationale du Rwanda) is the central bank of Rwanda. The bank was founded in 1964.[2] The current governor of the bank is John Rwangombwa[3]

Location[edit]

It is quartered at the National Bank of Rwanda Building, on KN6 Avenue in the central business district of Kigali, the capital and largest city in Rwanda.[4] The coordinates of the bank's headquarters are 01°56'56.0"S, 30°03'49.0"E (Latitude:-1.948889; Longitude:30.063611).[5]

Overview[edit]

The Bank is active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion. It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration during the 2011 Global Policy Forum held in Mexico.[6]

History[edit]

The central bank, whose name is abbreviated to "BNR", evolved step by step:[2]

See also[edit]

References[edit]

  1. ^ Martin Luther Oketch (20 July 2016). "East African central banks to rebuild forex reserves". Daily Monitor. Kampala. Retrieved 28 September 2016.
  2. ^ a b National Bank of Rwanda (28 September 2016). "A Brief Survey of Rwanda's Monetary History". Kigali: National Bank of Rwanda. Retrieved 28 September 2016.
  3. ^ Kabona, Esiara (27 September 2016). "Rwanda retains key repo rate at 6.5 percent". The EastAfrican. Nairobi. Retrieved 28 September 2016.
  4. ^ Google (28 September 2016). "Location of National Bank of Rwanda, Kigali" (Map). Google Maps. Google. Retrieved 28 September 2016.
  5. ^ Google (28 September 2016). "The Geographical Coordinates of Headquarters of National Bank of Randa" (Map). Google Maps. Google. Retrieved 28 September 2016.
  6. ^ Alliance for Financial Inclusion (30 September 2011). "Maya Declaration Urges Financial Inclusion for World's Unbanked Populations". Riviera Maya, Mexico: Prnewswire Quoting Alliance for Financial Inclusion. Retrieved 28 September 2016.

External links[edit]