News Rwanda Loans: Rwanda: I&m Bank Rwanda Introduces 'Iyubake' Loans for Msmes
I&M Bank Rwanda Plc has launched a new campaign called "Iyubake na I&M Bank," which will enable micro, small and medium enterprises (MSMEs) to access financing by using residential and rental properties.
News Rwanda Loans: The best personal loans to help you consolidate debt, for anyone with fair to excellent credit
Credit card debt is common, and sometimes we end up in over our heads before we even realize it. The average credit card balance is $5,221, according to Experian's latest data. And while that ...
News Rwanda Loans: Bank of Kigali raises dividends as profit hits Sh7bn
Bank of Kigali (BK Group) net profit for the year ended December 2022 rose by a 15.1 percent to Rwf59.7 billion (Sh7.1 billion), prompting the board to increase dividend payout.The bank, which is listed on both the Nairobi and Rwanda stock markets, reported the rise in earnings from Rwf51.9 billion (Sh6.2 billion) on the back of a 14.5 percent growth in the loan book to Sh135 billion.The lender has recommended a dividend of Rwf32.5 (Sh3.87),...
News Rwanda Loans: I&M Bank hosts gala dinner for customers in tourism, hospitality
I&M Bank Rwanda on Wednesday, March 29, held an appreciation event for its customers in the tourism and hospitality sector, who benefited from the Mastercard Foundation’s Hanga Ahazaza initiative.The event, held in Kigali, was a celebration of the collaboration between the Bank and Mastercard Foundation, which saw 120 micro, small and medium enterprises (MSMEs) funded.More than Rwf9 billion of loans were given to the MSMEs.As part of the...
News Rwanda Loans: Low uptake of renewable energy loans could hamper solar energy uptake
Low utilization of Renewable Energy Fund (REF) loans has slowed the pace of scaling up solar energy in rural areas despite an increase that has been recorded in recent years according to the ...
News Rwanda Loans: East African countries go on a loan binge to bridge huge budget deficits
Kenya, Tanzania and Uganda say they will be in the market for a mix of sovereign bonds, syndicated and commercial loans.