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Fina Bank (Rwanda)
Guaranty Trust Bank (Rwanda) plc, commonly referred to as GTBank Rwanda, is one of the licensed commercial banks in the Republic of Rwanda. It has been part of Nigerian Guaranty Trust Bank since 2013. , Guaranty Trust Bank (Rwanda) plc had an estimated asset base of US$ 131.309million (RWF:132.571billion). History The beginnings of the bank in Rwanda can be traced to 1983, when the BACAR bank was established. It became one of the first privately owned commercial banks in the country. Sometime before 2004, BACAR was taken over by the National Bank of Rwanda, the country's central bank, because of managerial issues. In 2004, Fina Bank, at that time, a Kenyan commercial bank, acquired BACAR. In 2008, Fina Bank opened banking operations in Uganda as well, forming the Fina Bank Group. In 2013, Guaranty Trust Bank (Kenya) ltd acquired 70 percent shareholding in the Fina Bank Group for a cash payment of US$100 million. In January 2014, the bank rebranded to reflect the new ownership ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ngoma District
Ngoma is a district (''akarere'') in Eastern Province, Rwanda. Its capital is Kibungo. Sectors Ngoma district is divided into 14 sectors (''imirenge''): Gashanda, Jarama, Karembo, Kazo, Kibungo, Mugesera, Murama, Mutenderi, Remera, Rukira, Rukumberi, Rurenge, Sake and Zaza Zaza may refer to: Ethnic group * Zazas, a group of people in eastern Anatolia (southeastern Turkey) * Zaza–Gorani languages, Indo-Iranian languages ** Zaza language, spoken by the Zazas People Given name * Zaza Sor. Aree (born 1993), Thai k .... External links * Ngoma District government website {{coord, 2, 11, S, 30, 28, E, display=title, region:RW_type:adm2nd_source:GNS-enwiki Eastern Province, Rwanda Districts of Rwanda ... [...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] |
Kayonza
Kayonza is a small town in Kayonza district, Eastern Province, Rwanda. The town is centred on a roundabout, where the road east from Kigali splits into the road running north to the Ugandan border, and the road south to Tanzania. It is a major transport hub because of this junction, where a sizeable taxi-minibus park and terminus offers the Okapi, Atraco and Stella express services. It is also used as an overnight rest stop for truck drivers from Tanzania to Kigali and beyond. A small hotel provides basic accommodation, and there are two petrol pumps, a conference centre, a twice-weekly market and various bars and television halls. It is also one of sites the company Zipline A zip-line, zip line, zip-wire, flying fox, or death slide is a pulley suspended on a cable, usually made of stainless steel, mounted on a slope. It is designed to enable cargo or a person propelled by gravity to travel from the top to the bott ... uses for delivering supplies to medical centres around ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southern Province, Rwanda
Southern Province ( rw, Intara y'Amajyepfo; french: Province du Sud; nl, Zuidelijke Provincie) is one 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. Southern Province comprises the former provinces of Gikongoro, Gitarama, and Butare, and is divided into the districts of Huye, Ruhango, Nyamagabe, Gisagara, Muhanga, Kamonyi, Nyanza, and Nyaruguru Nyaruguru is a Districts of Rwanda, district (''akarere'') in Southern Province, Rwanda, Southern Province, Rwanda. Its capital is Kibeho, a pilgrimage site of the Catholic Church. Geography The district is the most southerly in Rwanda, lying b .... The capital city of Southern Province is Nyanza. Notes and references External linksSouthern Province official website {{Coord, 2, 37, 19, S, 29, 36, 29, E, type:adm1st_region:RW_source:nlwiki, display=title Provinces of Rwanda States and territ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muhanga District
Muhanga is a district (''akarere'') in Rwanda. Its administrative centre is located in the city of Muhanga (former Gitarama). Geography Muhanga Districtis one of the eight districts comprising the Southern Province. It is subdivided into twelve (12) sectors, sixty three (63) cells and three hundred and thirty one (331) villages (Imidugudu). The District covers an area of six hundred forty seven point seven square kilometers (647.7 km2) and, it is neighbouring the Districts of Gakenke in the North, Kamonyi in the East, Ruhango in the South and Ngororero in the West, Karongi District to the southwest and Ngororero District to the west Relief and climate One part of Muhanga District is located in the "central plateau" of the country with topography of hills type. With high and low peaks, this part constitutes one of the best elements of the central "plateau" of the country. The other part of the District is on the high mountains of the Nil-Congo; it has peaks prancing beyond ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gasabo District
Gasabo is a district, (''akarere'') in Kigali city, the capital of Rwanda. The headquarter of Gasabo is located in Remera Sector. The district also includes large areas of the city itself, including Kacyiru, Kimironko, Remera, Nyarutarama and Kimihurura. The district is the location of the Gisozi Genocide Memorial Site, the burial place of approximately 300,000 victims of the 1994 Genocide against Tutsis . In addition to the cemetery, the memorial has a related genocide exhibition area and library and has plans to develop a teaching centre on the history of the genocide. History The original country of Rwanda, referred to as “the Rwanda of Gasabo” (u Rwanda rwa Gasabo), was a small territorial entity located in the present district of Gasabo, along the valley of Lake Muhazi, namely Nyabugogo. When the period of historical kings unfolded (“abami b’ibitekerezo”), Rwanda came under the reign of King Ruganzu Bwimba- The first king among series of historical kings who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GTBank Rwanda Current Headquarters
Guaranty Trust Holding Company PLC also known as GTCO PLC is a multinational financial services group, that offers retail and investment banking, pension management, asset management and payments services, headquartered in Victoria Island, Lagos, Nigeria. GTCO Plc was created in July 2021 following the corporate reorganization of Guaranty Trust Bank PLC (or GTBank) into a Holding Company GTCO Plc's reorganisation means it will now offer more services beyond banking; with a payments business being top of mind for the group. Under its old structure, it could not have run non-lending businesses because a 2010 regulation by the Central Bank of Nigeria (CBN) mandated banks to stop operating their non-banking subsidiaries. They either had to divest from non-core lending service or restructure as a holdings company. Its new businesses include payments, pension management, asset management, and its existing banking business. GTCO's banking subsidiary in Nigeria, Guaranty Trust Bank L ... [...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] |
Daily Nation
The ''Daily Nation'' is the highest circulation Kenyan independent newspaper with 170,000 copies. History The ''Daily Nation'' was started in the year 1958 as a Swahili language, Swahili weekly called ''Taifa'' by the Englishman Charles Hayes. It was bought in 1959 by the Aga Khan IV, Aga Khan, and became a daily newspaper, ''Taifa Leo'' (Swahili for "Nation Today"), in January 1960. An English language edition called ''Daily Nation'' was published on 3 October 1960, in a process organised by former editor of the British ''News Chronicle'', Michael Curtis (journalist), Michael Curtis. The publisher was East African Newspapers (Nation Series) Ltd, which later became the Nation Media Group with operations throughout the African Great Lakes region. The newspaper is published by Nation Media Group from its headquarters at Nation Centre on Kimathi Street in Nairobi. It also maintains a website, which hosts online editions of the daily and Sunday titles. Access is partially free a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guaranty Trust Bank (Kenya)
Guaranty Trust Bank (Kenya) Ltd, commonly referred to as GTBank Kenya, is a commercial bank in Kenya and a subsidiary of the Nigerian Guaranty Trust Bank Plc. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator. The Bank provides banking services with focus on Corporate Banking, SME Banking, Personal Banking, Private Banking and Treasury Services. , the Bank was a medium-sized financial services provider, providing commercial banking services to individuals and organisations. At that time, its total asset valuation was estimated at about US$242.2 million (KES:20.94 billion). In 2013, GTBank Kenya was ranked number 22, by assets, among 43 licensed banks in Kenya then. History The Bank was founded in Nairobi, in 1986, as Finance International Limited, a "Non-Banking Financial Institution" (NBFI). The name of the institution was later changed to the Finance Institution of Africa (FINA). In 1991 the company changed ownership. In 1995, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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