Top 5 Banking companies in Kigali, Butare, Rwanda

Cogebanque

COGEBANQUE (Compagnie Générale de Banque Limited) is a commercial bank approved by the National Bank of Rwanda (BNR) in 1999. It is registered in Rwanda Development Board (RDB ) as an economic operator under the code 100 005 973 . The bank is relatively new, since it only has 13 years of existence. Established only in Kigali on its debut, the Bank initially setup its headquarters inside Telecom House in Kacyiru district. Later moving their headquarters and main branch, to a new building called Centenary House located in the center of the capital in 2004. The Bank’s rapid growth and popularity soon rendered their premises too small. At the end of 2004, the Bank had already opened five branches; Central Branch (relocated from Kacyiru), Roundabout Branch (opened in 2000), Nyabugogo Branch (opened in 2002), Remera Branch and Kicukiro Branch (opened in 2004). During 2005 and 2006, the Bank further accelerated the development of its network in Kigali, by opening Nyarutarama Branch (in 2005), but most importantly in provinces, where it established branches in main cities of old provinces or main roads. Thus the establishment in Musanze (2005), Huye (in 2005), Nyamagabe (in 2005), Rubavu (in 2006), Rwamagana (in 2006) and Kamembe (in 2006). With 11 outlets, the Bank for three years then consolidated its new locations, before settling on other places, Muhanga (2009), Kabarondo (in 2009) and Tyazo (in 2011). The Bank now has 15 outlets, in many different places, both suburban areas in Kigali as well as provincial cities, thus ensuring the bank has the potential to strengthen its future. Please note that during the year 2012, the Bank opened a new outlet in Kigali in the building called “Chez Rubangura”. It is intended to relocate the Roundabout Branch, since the building where it is currently housed does not meet planning standards and is intended for demolition. Tentatively, this new site serves as a local relay to the Central Branch during its renovation, till it returns to market standards.

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Banque Commerciale du Rwanda

Established in 1963 and headquartered in Kigali, Banque Commerciale du Rwanda (‘BCR’) was Rwanda’s second largest commercial bank with a market share of around 25% and an extensive branch network serving both commercial and retail customers.

Africa XYZ

Africa XYZ is a pan-African multinational investment firm. They offer solutions to help African entrepreneurs benefit from the digital revolution in Africa and throughout the world. They offer funds to SMEs in order to help them re/boost their growth. GoCashless, Africa Online, and E-merchant card are their solutions.

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Bank of Kigali

Bank of Kigali in business to create value for our stakeholders and endeavor to provide the best financial services to business and individuals. We invest in our employees and provide them with meaningful rewards that encourage them to make significant contributions to the company and the community. Bank of Kigali aspires to be the best and most innovative provider of financial solutions in the region.

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Unguka Bank Ltd

Unguka Bank Limited provides banking services for small and medium businesses.

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