Rwandans Can Now Access Loans Easily as Bank of Kigali Loosens Up
To be eligible for the revised terms, the loan amount should not exceed 12 times of one's net salary while loan amounts exceeding Rwf5 million (U.S.$5,500) ought to be repaid within 3 years. Clients ought to be working in reputable organisations or have proof of stable income.
New Times, 1 April 2019
Rwandans can now access credit at more convenient terms following developments by one of the biggest lenders to revise loan requirements. Read more »
Rwanda: Bank of Kigali Net Profit Up 17%
East African, 29 March 2019
Bank of Kigali Group has announced a net profit rise of 17.2 percent to Rwf27.4 billion ($30.7 million) for the full year ended December 2018, buoyed by higher interest incomes. Read more »
New Times, 26 March 2019
Bank of Kigali yesterday secured a credit line of Rwf30bn from the European Investment Bank, the long-term lending institution of the European Union to support Small and Medium… Read more »
New Times, 29 March 2019
BK Group is on course to become one of the first Rwandan firms to hit the $1 billion valuation mark, which could raise investor confidence in Rwanda's largest lender by market… Read more »
Bank of Kigali.