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Bank Of Kigali
Bank of Kigali (BK) is a commercial bank in Rwanda. It is licensed by the National Bank of Rwanda. Location The headquarters and main branch of the bank are located at 6112 KN4 Avenue, in Nyarugenge District, in the city of Kigali, the capital and largest city in Rwanda. The geographical coordinates of the bank's headquarters are: 01°56'54.0"S, 30°03'35.0"E (Latitude:-1.948333; Longitude:30.059722). Overview Bank of Kigali is the largest commercial bank in Rwanda, by total assets. As of 31 December 2019, the bank's total assets were valued at US$1,1059 million, with a loan book of $735.8 million, customer deposits of $697.4 million and shareholders equity of US$239.6 million. On 29 September 2017, Global Credit Ratings affirmed Bank of Kigali Limited's long-term and short-term national scale ratings of AA-(RW) and A1+(RW) respectively; with a stable outlook. The bank has won several back to back international and regional "Best Bank in Rwanda" awards, including from EuroMoney ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of Rwanda
The National Bank of Rwanda (, ) is the central bank of Rwanda. The bank was founded in 1964. The current governor of the bank is Soraya Munyana Hakuziyaremye. Location It is quartered at the National Bank of Rwanda Building, on KN6 Avenue in the central business district of Kigali, the capital and largest city in Rwanda. The coordinates of the bank's headquarters are 01°56'56.0"S, 30°03'49.0"E (Latitude:-1.948889; Longitude:30.063611). Overview The Bank is active in promoting financial inclusion policy and is a leading member of thAlliance for Financial Inclusion It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration during the 2011 Global Policy Forum held in Mexico. Governors Governors of the National Bank of Rwanda * Johan A. Brandon: 1964–1965 * Masaya Hattori: 1965–1971 * Jean Berchmans Birara: 1971–1985 * Augustin Ruzindana: 1985–1990 * Denis Ntirugirimbabazi: 199 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
English Language
English is a West Germanic language that developed in early medieval England and has since become a English as a lingua franca, global lingua franca. The namesake of the language is the Angles (tribe), Angles, one of the Germanic peoples that Anglo-Saxon settlement of Britain, migrated to Britain after its End of Roman rule in Britain, Roman occupiers left. English is the list of languages by total number of speakers, most spoken language in the world, primarily due to the global influences of the former British Empire (succeeded by the Commonwealth of Nations) and the United States. English is the list of languages by number of native speakers, third-most spoken native language, after Mandarin Chinese and Spanish language, Spanish; it is also the most widely learned second language in the world, with more second-language speakers than native speakers. English is either the official language or one of the official languages in list of countries and territories where English ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EastAfrican
''The EastAfrican'' is a weekly newspaper published in Kenya since 7 November 1994, by the Nation Media Group, which also publishes Kenya's national ''Daily Nation''. The ''EastAfrican'' also circulates in the other countries of the African Great Lakes region, including Tanzania, Uganda, and Rwanda. It contains stories and in-depth analysis from each country in the region, in addition to international stories. In 1993, the Nation Group's managing editor, Wangethi Mwangi, requested experienced British journalist Gerry Loughran to return to Kenya to establish a regional newspaper. Joined by future editor Joseph Odindo and future marketing manager Jerry Okungu, Loughran traveled to Nairobi, Mombasa, Kisumu, Kampala, Arusha, Dar es Salaam, and Zanzibar to discuss a newspaper's establishment with readers, advertisers, and distributors. Its name originated with Lough's suggestion: with "EastAfrican" signifying unity and the omission of "nation", an appeal to a transnational audienc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rights Issue
A rights issue or rights offer is a dividend of subscription rights to buy additional securities in a company made to the company's existing security holders. When the rights are for equity securities, such as shares, in a public company, it can be a non-dilutive ''pro rata'' way to raise capital. Rights issues are typically sold via a prospectus or prospectus supplement. With the issued rights, existing security-holders have the privilege to buy a specified number of new securities from the issuer at a specified price within a subscription period. In a public company, a rights issue is a form of public offering (different from most other types of public offering, where shares are issued to the general public). Rights issues may be particularly useful for all publicly traded companies as opposed to other more dilutive financing options. As equity issues are generally preferable to debt issues from the company's viewpoint, companies usually opt for a rights issue in order to min ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East African Community
The East African Community (EAC) is an intergovernmental organisation in East Africa. The EAC's membership consists of eight states: Democratic Republic of the Congo, the Federal Republic of Somalia, the Republics of Burundi, Kenya, Rwanda, South Sudan, Uganda, and Tanzania. William Ruto, the president of Kenya, is the current EAC chairman. The organisation was founded in 1967, collapsed in 1977, and was revived on 7 July 2000. The main objective of the EAC is to foster regional economic integration. In 2008, after negotiations with the Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA), the EAC agreed to an expanded free trade area including the member states of all three organisations. The EAC is an integral part of the African Economic Community. The EAC is a potential precursor to the establishment of the East African Federation, a proposed federation of its members into a single sovereign state. In 2010, the EAC ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nairobi Stock Exchange
The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. The exchange had 66 listed companies in February 2021. History Founding Nairobi Stock Exchange (1954-1999) The Nairobi Stock Exchange was established in 1954 in Nairobi, the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. Previous to its founding, dealing in shares and stocks started in the 1920s when it was the British colonial Kenya Colony (1920−1963), a part of the British Empire. A stock exchange was first floated in 1922 at the Exchange Bar in the Stanley Hotel in Nairobi. However, the market was not formal as there did not exist any rules and regulations to govern stock broking activities. Trading took place on a ‘ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock
Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all Seniority (financial), senior claims such as secured and unsecured debt), or Voting interest, voting power, often dividing these up in proportion to the number of like shares each stockholder owns. Not all stock is necessarily equal, as certain classes of stock may be issued, for example, without voting rights, with enhanced voting rights, or with a certain priority to receive profits or liquidation proceeds before or after other classes of Shareholder, shareholders. Stock can be bought and sold over-the-counter (finance), privately or on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenya
Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. Kenya's capital and largest city is Nairobi. Its second-largest and oldest city is Mombasa, a major port city located on Mombasa Island. Other major cities within the country include Kisumu, Nakuru & Eldoret. Going clockwise, Kenya is bordered by South Sudan to the northwest (though much of that border includes the disputed Ilemi Triangle), Ethiopia to the north, Somalia to the east, the Indian Ocean to the southeast, Tanzania to the southwest, and Lake Victoria and Uganda to the west. Kenya's geography, climate and population vary widely. In western, rift valley counties, the landscape includes cold, snow-capped mountaintops (such as Batian, Nelion and Point Lenana on Mount Kenya) with vast surrounding forests, wildlife and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uganda
Uganda, officially the Republic of Uganda, is a landlocked country in East Africa. It is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region, lies within the Nile basin, and has a varied equatorial climate. , it has a population of 49.3 million, of whom 8.5 million live in the capital and largest city, Kampala. Uganda is named after the Buganda, Buganda kingdom, which encompasses a large portion of the south, including Kampala, and whose language Luganda is widely spoken; the official language is English. The region was populated by various ethnic groups, before Bantu and Nilotic groups arrived around 3,000 years ago. These groups established influential kingdoms such as the Empire of Kitara. The arrival of Arab trade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortis Group
Fortis N.V./S.A., was a Benelux-centered global financial services group active in insurance, banking and investment management, initially formed in 1990 by a three-way Belgian-Dutch merger and headquartered in Brussels. It grew rapidly through multiple acquisitions, and in 2007 was the 20th largest financial services business in the world by revenue. It was listed on the Euronext Brussels, Euronext Amsterdam, and Luxembourg stock exchanges. Fortis encountered severe problems in the 2008 financial crisis, not least as a consequence of participating in 2007 in the joint acquisition of ABN AMRO together with Royal Bank of Scotland Group and Banco Santander. It received an emergency bailout from the governments of Belgium and the Netherlands and was broken up soon thereafter. As a consequence: * Fortis Bank Nederland was nationalised by the Dutch government and merged in July 2010 with ABN AMRO's former Dutch operations, which had not yet been integrated with Fortis following the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Belgolaise
The Banque Belgo-Congolaise, abbreviated in 1965 as Banque Belgolaise, was a Brussels-based Belgian bank spun off in 1960 from the Banque du Congo Belge in the context of forthcoming Congolese independence. While retaining the brand Belgolaise, its registered name was changed to Banque Belgo-Zaïroise S.A. after 1971. It ceased operations in 2012 as it was wound down by its then owner BNP Paribas Fortis. Overview Ahead of the Belgian Congo's independence, the Banque du Congo Belge (BCB) restructured its European activities on 14 April 1960 into the newly formed Banque Belgo-Congolaise, with seat in Brussels. On , the bank's name was abbreviated as "Belgolaise". Also in 1965, Belgolaise purchased the which the BCB, by then renamed the Banque du Congo, had endowed the year before with its operations in what had become Burundi and Rwanda. In late 1966, Belgolaise separated the Rwandan activities into the Bank of Kigali, in which it took an equity stake of 40 percent. Banque Be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
