The country’s largest Financial Institution, BK Group plc has registered a 33.6 percent increase in net income for the first quarter of 2024 to Rwf23.9…
The KFJJune 13, 2024
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Financial News
BANKING
I&M Bank Rwanda first quarter net income surged by 120 percent reaching Rwf4.8 billion, year on year, according to data published by the lender. According…
The KFJJune 13, 2024
BPR Bank Rwanda Plc reports an increase of 24.88 percent to Rwf6.8 billion in net income for the first quarter of 2024, the lender reported…
The KFJJune 13, 2024
Innovation Unleashed: Transforming Rwanda’s Financial Landscape
Kigali continues to be recognized among the top 10 international financial centers likely to become more significant in the future. In the recent publication of the Global Financial Centres Index (GFCI 35), a renowned ranking that assesses the competitiveness and attractiveness of financial centers worldwide, Kigali now ranks 67th globally while maintaining its position as the second in sub-Saharan Africa.
MORE IN FINANCIAL NEWS
BK Group’s 2024 Profit Jumps 22% as Lending Growth, Cost Cuts Boost Earnings
BK Group Plc, Rwanda’s largest financial services provider, posted a 21.7 percent rise in full-year profit as strong loan book expansion and cost-cutting measures bolstered…
Rwanda to Host 8th Africa Congress of Accountants as Financial Sector Gains Momentum
Rwanda is set to host the 8th edition of the Africa Congress of Accountants (ACOA 2025), underscoring its growing influence as a regional financial hub.…
Development Bank of Rwanda Sees Profitability Surge as Development Financing Expands
The Development Bank of Rwanda reported a sharp increase in profitability for the year ending December 31, 2024, as the lender expanded its lending portfolio…
