Bank of Kigali Limited

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Bank of Kigali Plc (2021-10)
  • Bank of Kigali Limited
  • Year : Oct 2021
3 Tokens
USD 300.00

Bank of Kigali is the largest bank in Rwanda’s relatively overbanked and increasingly competitive banking sector and had strong market shares of approximately 30.8% by total assets, 36.2% of loans, and 30.1% by customer deposits as of March 2021. While geographical diversification is limited to Rwanda, it has the broadest geographical reach within the country, relative to peers through physical branches, ATM’s, POS and agents.

Additional Information

The outlook is stable. Despite the highly pressurised environment, we expect the bank’s financial profile to remain resilient over the next two years. Capital is expected to range between 22.5% and 25%, cost of risk around 4.5%, and liquidity to remain robust.

Related Publication

Bank of Kigali Limited (2017-11)

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