Banque Populaire du Rwanda

Banque Populaire du Rwanda (Part of Atlas Mara)
Private
Industry Financial Services
Founded 1986
Headquarters Kigali, Rwanda
Key people

John Vitalo Chairman of the board,
Sanjeev Anand MD,
Konde Bugingo Deputy MD
Afrique Ramba COO

Judith Muhongerwa CHRO
Products Loans, Checking, Savings, Investments, Debit Cards
Website http://www.bpr.rw

Banque Populaire du Rwanda (BPR) is a commercial bank in Rwanda.

Overview

The bank is one of the thirteen licensed commercial banks in the Republic of Rwanda. Banque Populaire du Rwanda (BPR) is commonly know to focus on retail (consumer) banking activities (current and savings, accounts, loans, etc. and consumer banking tools like mobile banking), as well as agricultural business expertise, with corporate customers in the food and agri-business value chain - in-line with their farming/cooperative foundation and involvement Rabobank as a shareholder.

History

BPR started in 1986 as Union des Banques Populaires du Rwanda (UBPR), an alliance of cooperative financial institutions around the county.[1] In 2008, UBPR transformed from a cooperative bank into a commercial bank, Banque Populaire du Rwanda SA.

Ownership

The table below, summarizes the stock ownership of BPR:
Banque Populaire du Rwanda Stock Ownership
Rank Name of OwnerPercentage Ownership
1Atlas Mara62.1
2Local Shareholders23.3
3Rabobank14.6
Total100.0

Branch network

As of February 2011, BPR maintains a branch network of eighteen (18) branches around the country, and 189 total bank locations (including sub-branches and outlets): [2]

  1. Main Branch - Kigali
  2. BPF Branch - Kigali
  3. Kimironko Branch - Kigali
  4. Muhima Branch - Kigali
  5. Rwezamenyo Branch - Kigali
  6. Muhanga Branch - Muhanga
  7. Musanze Branch - Musanze
  8. Rusizi Branch - Rusizi
  9. Gicumbi Branch - Gicumbi
  10. Rubavu Branch - Rubavu
  11. Ngoma Branch - Ngoma
  12. Huye Branch - Huye
  13. Rwamagana Branch - Rwamagana
  14. Karongi Branch - Karongi
  15. Nyamagabe Branch - Nyamagabe
  16. Nyagatare Branch - Nyagatare
  17. Bugesera Branch - Bugesera
  18. Nyanza Branch - Nyanza

Directors

The activities of Banque Populaire du Rwanda are supervised by an eight-member Board of Directors. The current chairman of the board is John Vitalo.[3]

Management board

The day-to-day activities of the bank are administered by an executive management board representing commercial activities, operations, risk and the branch network, headed by the Managing Director, (MD). The current MD is Sanjeev Anand.[4]

References

  1. ↑ UBPR Formed in 1986 as a Cooperative Bank Archived September 19, 2010, at the Wayback Machine.
  2. ↑ BPR Branch Network
  3. ↑ The Board of Directors of BPR Archived September 19, 2010, at the Wayback Machine.
  4. ↑ Management Team of BPR Archived September 19, 2010, at the Wayback Machine.

External links

This article is issued from Wikipedia - version of the 11/14/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.