AB Bank Rwanda (ABR), is a microfinance bank in

Rwanda Rwanda, officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of East Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator, Rwanda is bordered by ...

. The bank is one of the licensed banks in the Republic of Rwanda.

Overview

ABR is a Rwandan microfinance bank, wholly owned by International institutions, that was established in 2013. It is affiliated with, and is subsidiary of AccessHolding, a commercial microfinance investment and holding company based in

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

, with subsidiaries in

Azerbaijan Azerbaijan, officially the Republic of Azerbaijan, is a Boundaries between the continents, transcontinental and landlocked country at the boundary of West Asia and Eastern Europe. It is a part of the South Caucasus region and is bounded by ...

Madagascar Madagascar, officially the Republic of Madagascar, is an island country that includes the island of Madagascar and numerous smaller peripheral islands. Lying off the southeastern coast of Africa, it is the world's List of islands by area, f ...

Tanzania Tanzania, officially the United Republic of Tanzania, is a country in East Africa within the African Great Lakes region. It is bordered by Uganda to the northwest; Kenya to the northeast; the Indian Ocean to the east; Mozambique and Malawi to t ...

Nigeria Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea in the Atlantic Ocean to the south. It covers an area of . With Demographics of Nigeria, ...

Liberia Liberia, officially the Republic of Liberia, is a country on the West African coast. It is bordered by Sierra Leone to Liberia–Sierra Leone border, its northwest, Guinea to Guinea–Liberia border, its north, Ivory Coast to Ivory Coast–Lib ...

Tajikistan Tajikistan, officially the Republic of Tajikistan, is a landlocked country in Central Asia. Dushanbe is the capital city, capital and most populous city. Tajikistan borders Afghanistan to the Afghanistan–Tajikistan border, south, Uzbekistan to ...

Zambia Zambia, officially the Republic of Zambia, is a landlocked country at the crossroads of Central Africa, Central, Southern Africa, Southern and East Africa. It is typically referred to being in South-Central Africa or Southern Africa. It is bor ...

and

History

The bank was granted a banking license by the

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 national banking regulator, in 2013 and commenced commercial banking services in the same year. By June 2014, AB Bank Rwanda maintained over 4,000 deposit accounts and more than 1,300 loan accounts. The loan book exceeded RWF:1 billion (US$1.5 million).

Ownership

The

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 corporatio ...

of the bank is privately owned by institutional investors. , the shareholding in the bank is as depicted in the table below:

Branch network

As of March 2019, the bank maintains six branches and six credit outlets across the country. # Nyamirambo Branch -

Nyamirambo Nyamirambo is a Sectors of Rwanda, sector (umurenge) in Districts of Rwanda, Nyarugenge District, Kigali Province, Rwanda, Kigali Province, Rwanda. Location It is located in the southwest part of the city of Kigali. The coordinates of Nyamirambo ...

, Kigali # Nyarugenge Branch -

Nyarugenge Nyarugenge is a sector (''umurenge'') located in Nyarugenge District, Kigali Province, Rwanda. Location It is located in the southwest part of the city of Kigali. The coordinates of Nyarugenge Sector are:1°58'02.0"S, 30°03'20.0"E (Latitude: ...

, Kigali - Main Branch # Gisozi Branch -

Gasabo Gasabo is a Districts of Rwanda, district (''akarere'') of Kigali, the capital of Rwanda. The headquarters of Gasabo are located in the Remera Sector. The district includes neighborhoods such as: Kacyiru, Kimironko, Remera, Nyarutarama and Kimihur ...

, Kigali # Kimironko Branch - Kimironko, Kigali #Nyabugogo Branch - Nyabugogo, Kigali #Musanze Branch -

Musanze Musanze is a sector, located in the district of the same name, in Northern Province, Rwanda Rwanda, officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of East Africa, where the African Great Lakes region ...

#Muhanga Credit Outlet -

Muhanga Muhanga (former Gitarama, renamed in 2006) is a List of cities in Rwanda, city in Rwanda, in the Muhanga District, in Southern Province, Rwanda, Southern Province. The city is situated above sea level. Though officially part of the Southern Pr ...

#Rwamagana Credit Outlet -

Rwamagana Rwamagana is a city and capital of both the Rwamagana District and the Eastern Province in Rwanda Description Rwamagana lies approximately from Kigali, on the newly renovated road leading east towards Tanzania. There was formerly a large amo ...

#Kabarondo Credit Outlet - Kabarondo #Huye Credit Outlet - Huye #Gicumbi Credit Outlet - Gicumbi #Nyagatare Credit Outlet - Nyagatare #Rubavu Credit Outlet -

Rubavu Rubavu District is one of the seven districts (''akarere'') in Western Province, Rwanda, with a total surface area of 388.4 km2. Its capital is Gisenyi, a large beach resort and border city. The Rubavu Urban area, which includes Gisenyi, Rug ...

#Rusizi Credit Outlet - Kamembe #Nyamata Credit Outlet - Bugesera #Nyanza Credit Outlet - Nyanza #Ruhango Credit Outlet -

Ruhango Ruhango is a sector and town in Southern Province, Rwanda Rwanda, officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of East Africa, where the African Great Lakes region and Southeast Africa converge. Locate ...

References

External links