AB Bank Rwanda (ABR), is a

microfinance bank Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings ...

Rwanda Rwanda (; rw, u Rwanda ), officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of Central Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator ...

. The bank is one of the licensed banks in the Republic of Rwanda.

Overview

ABR is a Rwandan microfinance bank, wholly owned by International institutions, that was established in 2013. It is affiliated with, and is subsidiary of AccessHolding, a commercial microfinance investment and holding company based in

Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...

, with subsidiaries in

Azerbaijan Azerbaijan (, ; az, Azərbaycan ), officially the Republic of Azerbaijan, , also sometimes officially called the Azerbaijan Republic is a transcontinental country located at the boundary of Eastern Europe and Western Asia. It is a part of th ...

Madagascar Madagascar (; mg, Madagasikara, ), officially the Republic of Madagascar ( mg, Repoblikan'i Madagasikara, links=no, ; french: République de Madagascar), is an island country in the Indian Ocean, approximately off the coast of East Africa ...

Tanzania Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands and ...

Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ...

Liberia Liberia (), officially the Republic of Liberia, is a country on the West African coast. It is bordered by Sierra Leone to Liberia–Sierra Leone border, its northwest, Guinea to its north, Ivory Coast to its east, and the Atlantic Ocean ...

Tajikistan Tajikistan (, ; tg, Тоҷикистон, Tojikiston; russian: Таджикистан, Tadzhikistan), officially the Republic of Tajikistan ( tg, Ҷумҳурии Тоҷикистон, Jumhurii Tojikiston), is a landlocked country in Centr ...

Zambia Zambia (), officially the Republic of Zambia, is a landlocked country at the crossroads of Central Africa, Central, Southern Africa, Southern and East Africa, although it is typically referred to as being in Southern Africa at its most cent ...

and

History

The bank was granted a banking license by the

National Bank of Rwanda The National Bank of Rwanda ( rw, Banki Nkuru Y'u Rwanda, french: Banque Nationale du Rwanda) is the central bank of Rwanda. The bank was founded in 1964. The current governor of the bank is John Rwangombwa. Location It is quartered at the N ...

, the national banking regulator, in 2013 and commenced commercial banking services in the same year. By June 2014, AB Bank Rwanda maintained over 4,000 deposit accounts and more than 1,300 loan accounts. The loan book exceeded RWF:1 billion (US$1.5 million).

Ownership

The

stock In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...

of the bank is privately owned by institutional investors. , the shareholding in the bank is as depicted in the table below:

Branch network

As of March 2019, the bank maintains six branches and six credit outlets across the country. # Nyamirambo Branch -

Nyamirambo Nyamirambo is a Sectors of Rwanda, sector (umurenge) in Districts of Rwanda, Nyarugenge District, Kigali Province, Rwanda, Kigali Province, Rwanda. Location It is located in the southwest part of the city of Kigali. The coordinates of Nyamirambo ...

, Kigali # Nyarugenge Branch -

Nyarugenge Nyarugenge is a sector (''umurenge'') located in Nyarugenge District, Kigali Province, Rwanda. Location It is located in the southwest part of the city of Kigali. The coordinates of Nyarugenge Sector are:1°58'02.0"S, 30°03'20.0"E (Latitude:-1 ...

, Kigali - Main Branch # Gisozi Branch -

Gasabo Gasabo is a Districts of Rwanda, district, (''akarere'') in Kigali, 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, ...

, Kigali # Kimironko Branch -

Kimironko 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 Ki ...

, Kigali #Nyabugogo Branch - Nyabugogo, Kigali #Musanze Branch -

Musanze Musanze is a district in the Northern Province of Rwanda. Its capital city is Ruhengeri. Geography and tourism Musanze is Rwanda's most mountainous district, containing the largest part of the Volcanoes National Park, and its head office at K ...

#Muhanga Credit Outlet -

Muhanga Muhanga (former Gitarama, renamed in 2006) is a city in Rwanda, in the Muhanga District, in Southern Province. The city is above sea level. Though officially part of the Southern Province, Muhanga is geographically in central Rwanda, approxi ...

#Rwamagana Credit Outlet -

Rwamagana Rwamagana is a city and capital of both the Rwamagana District and the Eastern Province in Rwanda Description Rwamagana lies approximately from Kigali, on the newly renovated road leading east towards Tanzania. There was formerly a large am ...

#Kabarondo Credit Outlet -

Kabarondo Kabarondo is a town in the Republic of Rwanda. Location Kabarondo is located in Kayonza District, Eastern Province. It is in the southeastern part of Rwanda, along the main road (RN3) from Kigali in Rwanda, to Nyakasanza, in Tanzania. Kabaron ...

#Huye Credit Outlet - Huye #Gicumbi Credit Outlet -

Gicumbi Gicumbi is a district (''akarere'') in Northern Province, Rwanda. Its capital is Byumba, which is also the provincial capital. Geography The district lies due-north of Kigali, straddling the major road from Kigali to Kampala. It is a hilly dis ...

#Nyagatare Credit Outlet -

Nyagatare Nyagatare is a town in the North East of Rwanda. With a population of more than 100,000, it is one of the most populous settlements in the Eastern Province along with Rwamagana and Kibungo. Location Nyagatare is located in Nyagatare District, ...

#Rubavu Credit Outlet -

Rubavu Rubavu District is one of the seven districts of the country district (''akarere'') in Western Province, Rwanda. Its capital is Gisenyi, It has a large beach resort and border city. It has a total surface area of 388.3 Km2. Geography The dist ...

#Rusizi Credit Outlet - Kamembe #Nyamata Credit Outlet - Bugesera #Nyanza Credit Outlet - Nyanza #Ruhango Credit Outlet -

Ruhango Ruhango is a town and capital of the Ruhango District in Southern Province, Rwanda. References Populated places in Rwanda Southern Province, Rwanda {{rwanda-geo-stub ...

References

External links