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词条 Co-operative Bank Rwanda
释义

  1. Overview

  2. Ownership

  3. Branches

  4. See also

  5. References

  6. External links

{{Infobox company
| name = Co-operative Bank Rwanda
| logo =
| type =
| company_slogan =
| foundation = 2018 (expected)
| location = Kigali, Rwanda
| key_people =
| num_employees =
| assets =
| revenue =
| industry = Financial Services
| products = Loans, Savings, Investments
| homepage =
}}Co-operative Bank Rwanda or Rwanda Co-operative Bank is a proposed commercial bank in Rwanda. It is expected to broaden "financial inclusion" in the country, working through the Umurenge Saccos and increasing financial services in rural areas.[1]

Overview

In July 2014, approximately 2,500 members of the Rwanda Cooperative Agency (RCA) met Paul Kagame, the President of Rwanda during an event called “Meet The President”. At that event, held in Kigali, the country's capital city, the president instructed the minister of trade and industry to establish a cooperative bank, in the shortest time possible.[2]

Under guidelines by the National Bank of Rwanda, the minimum capital required is Rwf5 billion (US$6 million).[1][2] There are approximately 8,000 cooperatives (community cooperatives) in Rwanda, according to the RCA. The cooperatives are prepared to provide 60% of the needed start up capital.[2]

Also, there are an estimated 480 Saving and Credit Cooperatives, (Umurenge SACCOs) in the country.[2] These Saccos are being courted to provide the remaining 40% of the required start-up capital. Also, the Saccos need to be linked to a common computer system, in order to serve as branches of the proposed bank. When the bank becomes operational in 2018, as expected, its lending rates are planned to be lower that the commercial banks.[2][3]

Ownership

While the ownership details are being worked out, the owners will include (a) Unmurenge Saccos (b) other Rwanda cooperatives (c) other Rwanda entities. The Rwanda government requires that all shareholders in the bank be Rwandan.[2][4]

Branches

It is expected that some of the offices of the 480 Saccos in the country will become branches of the proposed bank, after the completion of computerization and linking of their operations.[5]

See also

  • National Bank of Rwanda
  • List of banks in Rwanda

References

1. ^{{cite web |url= http://rca.gov.rw/spip.php?article357 |title=Cooperative bank needs Rwf 5bn to start |accessdate=18 July 2017 |date=2013 |publisher= Rwanda Cooperative Agency (RCA) |author=RCA |location= Kigali}}}
2. ^{{cite web|url=http://ktpress.rw/2017/05/rwanda-revises-saccos-system-to-allow-cooperative-bank-kick-off/ |title=Rwanda Revises Saccos System to Allow Cooperative Bank Kick Off |first=Dan |last=Ngabonziza | location=Kigali|accessdate=18 July 2017 |date=22 May 2017 |publisher=KT Press Rwanda}}
3. ^{{cite web|accessdate=18 July 2017 | url=http://www.minicom.gov.rw/index.php?id=24&tx_ttnews%5Btt_news%5D=1103&cHash=5e75744eed4c3380ddb141251e618a80 | title=Plan to establish a co-operative bank to merge SACCOs is near completion |date=27 January 2015 |publisher=Rwanda Ministry of Trade & Industry (MINICOM) |author=MINICOM |location=Kigali}}
4. ^{{cite web |title= Rwanda: New Co-operative Bank to Incorporate SACCOs |accessdate=18 July 2017 |date= 18 August 2016 |url= http://allafrica.com/stories/201608190433.html |first= Stevenson |last= Mugisha |newspaper= Rwanda Focus via AllAfrica.com |location= Kigali}}
5. ^{{cite web |accessdate= 18 July 2017 | url= http://www.newtimes.co.rw/section/read/207331/ |title= Cooperative bank to be operational this year: Government |first= Eugene |last=Kwibuka|newspaper= New Times (Rwanda) |location= Kigali |date= 23 January 2017}}

External links

  • Establishing a Cooperative Bank in Rwanda
{{Economy of Rwanda}}

2 : Banks of Rwanda|Organisations based in Kigali

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