Everything You Need to Know About Bank of Africa Rwanda

Bank of Africa Rwanda is a leading financial institution in the country, offering a wide range of banking services to individuals, businesses, and organizations. It's a subsidiary of the Pan African Bank, Bank of Africa Group.

The bank has a strong presence in Rwanda, with a network of branches and ATMs across the country. This makes it easy for customers to access their accounts and conduct financial transactions.

Bank of Africa Rwanda offers a variety of products and services, including personal banking, business banking, and investment services. These services are designed to meet the diverse needs of its customers.

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The Bank of Africa Rwanda is a leading financial institution in the country. It offers a range of banking services to individuals, businesses, and organizations.

The bank has a strong presence in Rwanda, with branches and ATMs located throughout the country. This makes it easy for customers to access their accounts and conduct financial transactions.

Bank of Africa Rwanda is a subsidiary of the Bank of Africa Group, a pan-African banking group with operations in several countries.

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The bank has a significant presence in Rwanda, with 13 interlinked branches.

The Main Branch is located on the Ground Floor of the Chic Complex in Nyarugege, Kigali.

Some branches are located in Kigali, such as the Gizozi Branch, which is situated in the Umukindo House.

Other branches are found in various districts, including Muhanga, Rusizi, and Rubavu.

The bank also has a branch in Musanze, which is a notable location.

There are several branches in Kigali, including the Nyabugogo Branch and the Remera Branch.

The Gikondo Branch is another Kigali location.

Kamironko and Nyarugege Branches, both located in Kigali, are also part of the bank's network.

The Soras Outlet is situated on Kakuyu Street in Kigali.

The Kabuga Branch is the bank's final location listed.

Kigali, the capital city of Rwanda, has a well-planned infrastructure, making it easy to navigate.

The city is divided into several sectors, each with its own unique character and attractions. The sectors are designated by a series of letters and numbers, starting from A to E.

Some of the key sectors include Kiyovu, which is the central business district, and Gisozi, which is home to the Kigali Genocide Memorial Centre.

Swift codes, also known as BICs, are unique identifiers for banks and branches worldwide. They're used to route international wire transfers and messages.

If you're sending or receiving money internationally to Bank of Africa Rwanda Ltd, understanding Swift codes is essential for ensuring your transactions are accurate and efficient.

A SWIFT/BIC code is an 8-11 character code that identifies your country, city, bank, and branch. It's made up of four parts: the bank code, country code, location code, and branch code.

Here's a breakdown of what each part of a SWIFT/BIC code represents:

Always double-check with the recipient before sending money to ensure you have the right SWIFT code, as financial institutions may have several different codes that differ by just a few letters or numbers.

Bank of Africa Rwanda is a private commercial bank that operates in Rwanda, serving businesses and individuals since its acquisition of Agaseke Bank in 2015. It's part of the Bank of Africa Group, which was founded in 1982 in Bamako, Mali, and is now headquartered in Dakar, Senegal.

The bank has a significant presence in Rwanda, with 14 branches, including 8 in Kigali and 6 upcountry. You can find branches in Muhanga, Huye, Musanze, Rubavu, Rusizi, and Kayonza, as well as an outlet in Kigali.

The bank's governance is overseen by a Board of Directors, which includes six members: Emmanuel Ntaganda, Amine Bouabid, Abderrazzak Zebdani, Gilles Mporanyi, Louis Rugerinyange, and Henri Laloux.

The governance structure of Bank of Africa Rwanda is quite impressive, and it's great to see a clear and transparent board of directors in place.

Emmanuel Ntaganda serves as the Independent Director Chairman, which is a strong leadership position.

Amine Bouabid and Abderrazzak Zebdani are both Non-independent Directors, representing the bank and its group respectively.

Gilles Mporanyi is another Non-independent Director, indicating a strong connection to the bank's operations.

The Independent Directors, Louis Rugerinyange and Henri Laloux, bring a fresh and unbiased perspective to the board.

Here is a list of the Bank of Africa Rwanda Board of Directors:

Commercial Bank of Africa is a private commercial bank operating in Rwanda, serving businesses and individuals. It's part of the Bank of Africa Group, which was founded in 1982 in Bamako, Mali, and later relocated to Dakar, Senegal.

The bank began its operations in Rwanda in October 2015 after acquiring Agaseke Bank, which had been operating since November 2003. This acquisition marked a significant milestone for Bank of Africa in Rwanda.

As of December 31st, 2018, Bank of Africa Rwanda had a total balance sheet of Frw 35,607 million and total customer deposits of Frw 19,325 million. The bank had 169 effective employees at that time.

The bank has a strong presence in Rwanda, with 14 branches across the country, including 8 branches in Kigali and 6 branches upcountry.