Stay updated with breaking news from Year rwanda. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Editor January 6, 2021 comments off Equity Bank Rwanda has received the Bank of the Year Rwanda 2020 award by The Banker, during the Bank of the Year Awards 2020. The Bank emerged top in class for clearly exhibiting a strong fiscal performance in the financial year of 2019. In the year under review, Equity Bank Rwanda increased its Tier 1 capital by 27% from RWF 28.6 Billion in 2018 to RWF 36.2 Billion in 2019, assets by 18% from RWF 233.1 Billion in 2018 to RWF 276.1 Billion in 2019 and net profits by 54% from RWF 6 .0 Billion million in 2018 up to RWF 9.2 Billion in 2019. Commenting on the award, Equity Bank Rwanda Managing Director, Hannington Namara said, “We are delighted to be recipients of Bank of the Year Rwanda 2020 award by The Banker. The award affirms our commitment to provide inclusive financial services that transform livelihoods, give dignity and expand opportunities. We have rolled out financial solutions that have enabled our customers ....