East Africa

Rwanda’s Bank of Kigali could soon have a new shareholder

PUBLISHED: Wed, 28 Jun 2017 15:48:19 GMT

On the side-lines of the Afreximbank conference in Kigali – Morocco and Rwanda expressed their cooperation. Rwanda’s Finance Minister Claver Gatete noted that Morocco’s Banque Centrale Populaire (BCP) is currently in final negotiations to acquire a stake in the country’s largest lender, Bank of Kigali. The Finance Minister also mentioned that negotiations were almost concluded between Rwanda’s Cogebanque and Moroccan Attijariwafa Bank.

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