Rwanda: South African Rating Agency Gives BK Strong Credit Approval

Bank of Kigali's credit worthiness and stability has received a strong boost of approval from South Africa-based agency, Global Credit Rating Company, which has affirmed Rwanda's largest commercial bank with an AA- rating for long-term credit and A1+ for short-term credit lines.

The stock market is expected to warm up to the development with a busy BK counter on the bourse, anticipated today on account of eager investors interpreting the bank's positive rating as a vote of confidence in its operations.

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