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Banque Populaire Du Rwanda
BPR Bank Rwanda PLC (BPR PLC; rw, Banki y'Abaturage y'u Rwanda), formerly Banque Populaire du Rwanda SA, is a commercial bank in Rwanda. The bank is licensed by the National Bank of Rwanda, the central bank and national banking regulator. Overview BPR is a retail (consumer) bank, offering products that include current and savings accounts, debit and credit cards, mortgages and loans. The bank offers consumer banking tools like mobile banking, as well as agricultural business expertise to corporate customers in the food and agri-business value chain. , BPR Bank Rwanda Plc was a large financial services provider in Rwanda. Its total asset valuation was RWF:648 billion (US$642 million), with 154 networked branches. In 2016, BPR employed about 1,400 staff at that time. However, following the acquisition by Atlas Mara, and the merger with BRD Commercial, about 300 people were terminated. In 2021, KCB Group successfully completed the acquisition of Banque Populaire du Rwanda Plc (B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlas Mara
Atlas Mara Limited, formerly referred to as Atlas Mara Co-Nvest Limited, is a financial services holding company formed to undertake the acquisition of target banks in Africa. The Group's headquarters are located in Tortola, British Virgin Islands, with subsidiaries and investments in Botswana, Germany, Mozambique, Nigeria, Rwanda, South Africa, South Sudan, Tanzania, Zambia and Zimbabwe. History Atlas Mara was founded on 28 November 2013, by former Barclays Executive Bob Diamond and entrepreneur Ashish Thakkar through Atlas Merchant Capital LLC and Mara Group Holdings Limited as their investment vehicles respectively. Atlas Merchant held 80% while Mara Group held 20% of the venture upon incorporation. The Group's geographical area of focus is on the African continent. The company was listed on the London Stock Exchange as a SPAC on 17 December 2013, through an IPO which raised USD 325 million. As of 15 November 2021, the stock price had crashed and had lost over 99% of its IP ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Africa
East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa: Due to the historical Omani Empire and colonial territories of the British East Africa Protectorate and German East Africa, the term ''East Africa'' is often (especially in the English language) used to specifically refer to the area now comprising the three countries of Kenya, Tanzania, and Uganda. However, this has never been the convention in many other languages, where the term generally had a wider, strictly geographic context and therefore typically included Djibouti, Eritrea, Ethiopia, and Somalia.Somaliland is not included in the United Nations geoscheme, as it is internationally recognized as a part of Somalia. *Tanzania, Kenya, Uganda, Rwanda, Burundi, Democratic Republic of Congo and South Sudan are members of the East African Community. The firs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equity Bank Group
Equity Group Holdings Limited (EGHL), formerly Equity Bank Group, is a financial services holding company based in the African Great Lakes region. EGHL's headquarters are in Nairobi, Kenya, with subsidiaries in Kenya, Uganda, Tanzania, South Sudan, Rwanda, Democratic Republic of the Congo and a representative office in Ethiopia. Overview EGHL is the largest financial services conglomerate in East and Central Africa. As of August 2021, it had assets exceeding KSh 1.119 Trillion (US$10.1 billion). The group also had over 14 million customers in six African Great Lakes countries, with KSh790.6 billion (US$7.61 billion) in deposits. In June 2008, EGHL was voted by Euromoney Awards for Excellence as the best bank in Kenya. EGHL was named the overall best bank in Kenya at the Renaissance Capital Bank Awards in August 2008 and was cited locally as the only stock that returned positive shareholder value during 2008 at the Nairobi Stock Exchange. EGHL was named as the Best Performing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rwanda Development Bank
Development Bank of Rwanda, commonly referred to by its French name Banque Rwandaise de Développement (BRD), is a development bank in Rwanda. It is one of the banks licensed by the National Bank of Rwanda, the national banking regulator. Overview The bank began its operations in 1967, as a long-term financial services provider, with the financing geared towards national development projects. , the total asset valuation of the bank was approximately US$122 million (RWF:72 billion), with shareholders equity of approximately US$42.3 million (RWF:25 billion) Areas of Intervention Thareas of Interventio include the following: * Agriculture ; * Exports & Manufacturing; * Student Loans; * Energy; * Housing & Infrastructure; * Digital Economy; * Social Infrastructure Special Projects The Development Bank of Rwanda offers great products to its customers. These are: 'Special Projects'' * Access to Finance Grant Facility * Jya Mbere * Cana Uhendukiwe * Clean Cooking * Gira I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Visa Inc
Visa Inc. (; stylized as ''VISA'') is an American multinational financial services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa is one of the world's most valuable companies. Visa does not issue cards, extend credit or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa's global network (known as VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion. This article is authored by a ''Forbes'' staff member. Visa was founded in 1958 by Bank of America (BofA) as the BankAmericard credit card program. Available through ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AllAfrica
AllAfrica is a website that aggregates news produced primarily on the African continent about all areas of African life, politics, issues and culture. It is available in both English and French and produced by AllAfrica Global Media, which has offices in Cape Town, Dakar, Lagos, Monrovia, Nairobi, and Washington, D.C. AllAfrica is the successor to the African News Service. Its stories can be displayed by categories and subcategories such as country, region, and by news topic. In 2008, AllAfrica rolled out a comment board system. The President of AllAfrica Global Media, Amadou Mahtar Ba, is a member of the International Advisory Board International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The T ... of the African Press Organization. References External links * ReliefWeb archives of AllAf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rabobank
Rabobank (; full name: ''Coöperatieve Rabobank U.A.'') is a Dutch multinational banking and financial services company headquartered in Utrecht, Netherlands. The group comprises 89 local Dutch Rabobanks (2019), a central organisation (Rabobank Nederland), and many specialised international offices and subsidiaries. Food and agribusiness constitute the primary international focus of the Rabobank Group. Rabobank is the second-largest bank in the Netherlands in terms of total assets. A 2013 scandal resulted in a $1 billion fine for unscrupulous trading practices, which included the manipulation of LIBOR currency rates worldwide. Chief Executive Piet Moerland resigned immediately as a result. In terms of Tier 1 capital, the organisation is among the 30 largest financial institutions in the world. As of December 2014, total assets amount to €681 billion with a net profit of €1.8 billion. ''Global Finance'' ranks Rabobank 25th in its survey of "the world's safest banks". His ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Times (Rwanda)
''The New Times'' is a national English language newspaper in Rwanda. It was established in 1995 shortly after the end of the 1994 genocide. The paper states that it is privately owned, with two shareholders. They also used to have a Kinyarwanda-language weekly called ''Izuba Rirashe''. ''The New Times'' is published in Kigali from Monday to Saturday, with its sister paper the ''Sunday Times'', appearing on Sundays. The ''New Times Online'' was launched in 2006. ''The New Times'' often conveys optimistic stories about events in Rwanda. In May 2009 Human Rights Watch (HRW) described ''The New Times'' as a state-owned newspaper in a rebuttal to an editorial article that accused HRW of sanitizing people who were attempting to negate the 1994 genocide in Rwanda. ''The New Times'' did not publish the HRW rebuttal. President Paul Kagame Paul Kagame (; born 23 October 1957) is a Rwandan politician and former military officer who is the 4th and current president of Rwanda since 2000 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cooperative Bank
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses. A 2013 report by ILO concluded that cooperative banks outperformed their competitors during the financial crisis of 2007–2008. The cooperative banking sector had 20% market share of the European banking sector, but accounted for only 7% of all the write-downs and losses between the third quarter of 2007 and first quarter of 2011. Cooperative banks were also over-represented in lending to small and medium-sized businesses in all of the 10 countries included in the report. Credit unions in the US had five times lower failure ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eastern Province, Rwanda
Eastern Province ( rw, Intara y'Iburasirazuba; french: Province de l'Est; nl, Oostelijke Provincie) is the largest, the most populous and the least densely populated of Rwanda's five provinces. It was created in early January 2006 as part of a government decentralization program that re-organized the country's local government structures. It has seven districts: Bugesera, Gatsibo, Kayonza, Ngoma, Kirehe, Nyagatare and Rwamagana. The capital city of the Eastern Province is Rwamagana. The Eastern Province comprises the former provinces of Kibungo and Umutara, most of Kigali Rural, and part of Byumba. The Akagera National Park is situated is this province. History It is not known when the territory of present day Rwanda was first inhabited, but it is thought that humans moved into the area following the last ice age either in the Neolithic period, around ten thousand years ago, or in the long humid period which followed, up to around 3000 BC.Briggs and Booth 2006 p6 A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
