Bank of Kigali continues to dominate Rwanda's banking sector, reporting a 28.2 percent increase in profit after tax, rising from Rwf36.1 billion in the first…
The KFJSeptember 13, 2024
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Financial News
BANKING
BPR Bank Rwanda and the International Finance Corporation, have inked a landmark agreement to inject Rwf53 billion (approximately $45 million) into Rwanda's small and medium-sized…
The KFJSeptember 9, 2024
Equity Bank Rwanda Plc reported a 24 percent increase in its profit after tax for the first half of 2024, driven by strong growth in…
The KFJSeptember 4, 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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Rwanda Eyes Sustained Growth as IMF Endorses Economic Strategy
Rwanda’s economic momentum remains robust, with GDP expanding 8.9 percent in 2024, one of the fastest growth rates in sub-Saharan Africa, as the country advances…
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.…
