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Development bank of Rwanda earns B+ Fitch Ratings

Fitch Ratings has for the first time rated Development Bank of Rwanda at B+, reflecting the bank’s stable outlook. The rating also demonstrates BRD’s ability to raise external financing in case of need. Vincent Ngirikiringo, the bank’s Chief Finance Officer joined CNBC Africa and shared an update on the 3 year $24.42 million recapitalisation plan by the government.

Thu, 14 May 2020 14:30:59 GMT

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