Rwanda: BCR Hits Above Target Profits, Braces for Big Competition

14 November 2011

Rwanda Commercial Bank (BCR) plans to open more outlets, expand ATM coverage and to listen more to customers as its new strategy to grow the business a head of stiff competition from newcomers, Equity Bank.

But BCR Managing Director, Sanjeev Anand, said the coming of Equity Bank is a welcome development that will not hurt his bank but instead cause new innovations to help BCR make more money.

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