147:
207:
313:. The acquired assets and liabilities, including two operational branches in Kigali, are expected to be merged with the existing micro-finance operations of CBA Rwanda. On 19 March 2018, the refurbished branches of Crane Bank Rwanda, opened as CBA Bank Rwanda, a commercial bank.
277:
In
November 2015, the CBA Group, Kenya's largest privately owned financial services provider publicly announced their intention to enter the Rwandan market. The group applied for a banking licence from the Rwanda authorities.
572:
285:, a commercial bank, whose parent company in Uganda had been sold and the buyers of the parent did not want to keep the Rwandan subsidiary. On 15 June 2017 CBA Group signed a definitive sale and purchase agreement with
281:
In
December 2016, the National Bank of Rwanda issued CBA Rwanda with a micro-finance banking licence. In May 2017, CBA Rwanda, a microfinance institution, made public its intention to acquire
634:
582:
337:, subject to the approval of the National Bank of Rwanda. On 13 January 2020, NCBA Bank Rwanda received a new commercial banking license from the National Bank of Rwanda.
269:
As of 30 September 2019, the bank's total assets were valued at RWF:30.23 billion (US$ 32.44 million), with shareholders' equity of RWF:7.015 billion (US$ 7.53 million).
605:
446:
970:
965:
847:
511:
877:
479:
960:
645:
764:
229:. NCBA Bank Rwanda is one of the Kenyan-owned bank subsidiaries to launch operations in Rwanda. The bank is a subsidiary of the
322:
799:
671:
911:
975:
641:
712:
795:
708:
950:
289:, the owners of Crane Bank Rwanda. The acquisition required regulatory approval in Rwanda, Kenya and Uganda.
955:
825:
391:
386:
310:
821:
577:
326:
306:
301:
reported that the requisite approvals for the purchase of Crane Bank Rwanda had been received from the
325:, the parent company of the Commercial Bank of Africa (Rwanda), received regulatory approval from the
851:
119:
740:
676:
545:
417:
282:
101:
412:
358:
La Bonne
Adresse Branch: 5447 La Bonne Adresse Building, 76 Avenue de la Revolution, Kigali
610:
516:
484:
298:
222:
330:
302:
230:
182:
177:
944:
772:
680:
848:"NCBA Rwanda Strengthening Position In East Africa After Securing Operating License"
131:
735:
685:
540:
768:
736:"Gatete roots for cross-border investments as CBA launches operations in Rwanda"
258:
127:
123:
96:
347:
30:
926:
913:
286:
135:
333:, effective 1 October 2019. It is expected that this bank will re-brand to
250:
91:
206:
234:
115:
40:
902:
351:
254:
246:
226:
75:
71:
878:"CBA Commences Banking in Rwanda after Acquiring Crane Bank Rwanda"
242:
238:
205:
156:
111:
363:
Kigali
Heights Branch: Kigali Heights Shopping Complex, Kigali. (
480:"CBA takes over Rwanda bank after closing $ 9.69 million buyout"
447:"Financial Statements For The Period Ended 30 September 2019"
635:"List of Licensed Banks as of June 2017: Microfinance Banks"
193:
765:"Kenya Central Allows Merger of Lenders NIC and CBA Group"
573:"CBA seeks licence to start operating in Rwanda next year"
329:
and from the Kenya
Ministry of Finance, to merge with the
541:"Another Kenyan bank set to enter local financial market"
796:"NCBA Group Unveils New Logo As It Commences Operations"
150:
Aftertax:RWF:1.363 billion (US$ 1.463 million) (Q3:2019)
512:"Commercial Bank Africa buys out Crane Bank Rwanda"
188:
176:
166:
154:
141:
107:
81:
64:
46:
36:
26:
233:, a financial services group with headquarters in
606:"Commercial Bank of Africa enters Rwandan market"
672:"Rwanda: CBA Set to Acquire Crane Bank Rwanda"
70:No. 772, KG7 Avenue, Boulevard de L’Umuganda,
8:
356:
21:
855:(Cached from the original on 16 April 2020)
162:RWF:117 billion (US$ 107 million) (Q3:2022)
709:"CBA to Acquire Crane Bank Rwanda Limited"
346:Nyarugenge Branch: 10249 Ville De Kigali,
20:
822:"List of Licensed Banks As of March 2020"
820:National Bank of Rwanda (31 March 2020).
440:
438:
436:
403:
763:George Obulutsa (27 September 2019).
734:Tumwebaze, Peterson (21 March 2018).
473:
471:
469:
467:
445:NCBA Bank Rwanda (30 November 2019).
7:
850:. Venturesafrica.com. Archived from
566:
564:
539:New Times Staff (30 December 2016).
505:
503:
510:Kabona, Esiara (20 February 2018).
571:Ngigi, George (24 November 2015).
219:Commercial Bank of Africa (Rwanda)
14:
604:Kabona, Esiara (7 January 2017).
478:Mutegi, Mugambi (21 March 2018).
146:
145:
794:Claire Wanja (3 October 2019).
323:Commercial Bank of Africa Group
876:Korir, Isaac (20 March 2018).
800:Kenya Broadcasting Corporation
413:"CBA Bank Rwanda gets new CEO"
1:
971:Organisations based in Kigali
966:2016 establishments in Rwanda
670:Mwai, Collins (10 May 2017).
411:Mwai, Collins (9 July 2018).
297:On Monday, 21 February 2018,
880:. Nairobi: Sokodirectory.com
992:
642:Banque Nationale du Rwanda
452:. Kigali: NCBA Bank Rwanda
68:Kigali Heights, 8th Floor,
961:Banks established in 2016
713:Commercial Bank of Africa
581:. Nairobi. Archived from
16:Commercial bank in Rwanda
684:. Kigali. Archived from
826:National Bank of Rwanda
392:National Bank of Rwanda
387:List of banks in Rwanda
311:National Bank of Rwanda
241:, with subsidiaries in
357:
293:Commercial bank status
211:
644:(BNR). Archived from
578:Business Daily Africa
327:Central Bank of Kenya
307:Central Bank of Kenya
209:
52:; 7 years ago
927:1.95306°S 30.09306°E
775:on 28 September 2019
707:CBA (15 June 2017).
120:Transaction accounts
88:Benjamin M Rugangazi
50:1 December 2016
923: /
633:BNR (7 June 2017).
321:In September 2019,
168:Number of employees
23:
932:-1.95306; 30.09306
857:on 17 January 2020
741:New Times (Rwanda)
677:New Times (Rwanda)
546:New Times (Rwanda)
418:New Times (Rwanda)
212:
976:Economy of Kigali
846:Ventures Africa.
688:on 30 August 2017
283:Crane Bank Rwanda
204:
203:
102:Managing Director
983:
938:
937:
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903:Official Website
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771:. Archived from
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373:Nyabugogo Branch
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335:NCBA Bank Rwanda
215:NCBA Bank Rwanda
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58:
53:
24:
22:NCBA Bank Rwanda
991:
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986:
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951:Banks of Rwanda
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689:
669:
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664:
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632:
631:
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617:
615:
611:The EastAfrican
603:
602:
598:
588:
586:
570:
569:
562:
552:
550:
538:
537:
533:
523:
521:
517:The EastAfrican
509:
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491:
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485:The EastAfrican
477:
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410:
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383:
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299:The EastAfrican
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223:commercial bank
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84:
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56:
54:
51:
17:
12:
11:
5:
989:
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979:
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973:
968:
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956:NCBA Group Plc
953:
943:
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905:
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897:External links
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376:Musanze Branch
374:
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370:Kayonza Branch
368:
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342:
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331:NIC Bank Group
318:
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303:Bank of Uganda
294:
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231:NCBA Group Plc
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183:NCBA Group Plc
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681:AllAfrica.com
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907:
882:. Retrieved
871:
859:. Retrieved
852:the original
841:
829:. Retrieved
815:
803:. Retrieved
789:
777:. Retrieved
773:the original
758:
746:. Retrieved
739:
729:
717:. Retrieved
702:
690:. Retrieved
686:the original
675:
665:
653:. Retrieved
646:the original
628:
616:. Retrieved
609:
599:
587:. Retrieved
583:the original
576:
551:. Retrieved
544:
534:
522:. Retrieved
515:
490:. Retrieved
483:
454:. Retrieved
423:. Retrieved
416:
406:
364:
334:
320:
317:Group merger
296:
280:
276:
268:
218:
214:
213:
210:Logo of NCBA
157:Total assets
132:Credit Cards
95:
87:
65:Headquarters
27:Company type
18:
930: /
798:. Nairobi:
769:Reuters.com
711:. Nairobi:
553:20 February
524:20 February
365:Main Branch
259:Ivory Coast
217:, formerly
128:Debit Cards
124:Investments
97:Lina Higiro
945:Categories
918:30°05′35″E
915:01°57′11″S
824:. Kigali:
640:. Kigali:
398:References
348:Nyarugenge
196:.ncbagroup
83:Key people
57:2016-12-01
31:Subsidiary
805:5 October
779:5 October
719:30 August
692:30 August
655:30 August
618:30 August
614:. Nairobi
589:30 August
520:. Nairobi
488:. Nairobi
287:DFCU Bank
172:98 (2022)
136:Mortgages
884:21 March
861:18 April
831:18 April
744:. Kigali
549:. Kigali
492:21 March
456:18 April
421:. Kigali
381:See also
341:Branches
309:and the
265:Overview
251:Tanzania
108:Products
92:Chairman
37:Industry
748:14 July
425:11 July
273:History
235:Nairobi
221:, is a
189:Website
142:Revenue
116:Savings
55: (
47:Founded
41:Banking
352:Kigali
305:, the
255:Uganda
247:Rwanda
227:Rwanda
178:Parent
76:Rwanda
72:Kigali
715:(CBA)
649:(PDF)
638:(PDF)
450:(PDF)
243:Kenya
239:Kenya
112:Loans
886:2018
863:2020
833:2020
807:2019
781:2019
750:2018
721:2017
694:2017
679:via
657:2017
620:2017
591:2017
555:2018
526:2018
494:2018
458:2020
427:2018
257:and
198:.com
225:in
947::
767:.
738:.
674:.
608:.
575:.
563:^
543:.
514:.
502:^
482:.
466:^
435:^
415:.
350:,
261:.
253:,
249:,
245:,
237:,
194:rw
134:,
130:,
126:,
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118:,
114:,
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888:.
865:.
835:.
809:.
783:.
752:.
723:.
696:.
659:.
622:.
593:.
557:.
528:.
496:.
460:.
429:.
367:)
59:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
