BPR Bank posted a 24 percent increase in operating income for the first half of 2024, reflecting strong revenue growth driven by a sharp rise…
The KFJAugust 30, 2024
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Financial News
BANKING
BK Group Plc, Rwanda's leading financial institution, has projected a 25 percent increase in net income for the year, following a robust performance in the…
The KFJAugust 30, 2024
KCB Group Plc posted a resilient financial performance for the half-year ending June 30, 2024, despite challenging economic conditions characterized by elevated inflation rates and…
The KFJAugust 21, 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.
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The International Monetary Fund approved $181.7 million in funding for Rwanda after concluding its fourth review under the Policy Coordination Instrument (PCI), the Resilience and…
Rwanda’s Q3 GDP Grows 8.1% on Services and Industry Gains
Rwanda's economy expanded by 8.1 percent in the third quarter of 2024, driven by robust performances in services, industry, and agriculture. GDP at current market…
Rwanda Secures $25 Million from ADFD for Water Infrastructure Expansion
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