Type | Private |
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Industry | Financial Services |
Founded | 1986 |
Headquarters | Kigali, Rwanda |
Number of locations | 189 (2011) |
Key people | Afrique RAMBA, Chairman Herman Klaassen, CEO |
Products | Loans, Checking, Savings, Investments, Debit Cards |
Employees | 1,480 (2011) |
Website | http://www.bpr.co.rw |
Banque Populaire du Rwanda (BPR) is a commercial bank in Rwanda.
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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.
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 copoperative bank into a commercial bank, Banque Populaire du Rwanda SA.
As of December 2009, the majority of shares in the bank are held by the Rwandan financial cooperatives that constituted the old UBPR. A minority stake in the bank is owned by the Dutch cooperative bank, Rabobank. The table below, summarizes the stock ownership of BPR:[2]
Banque Populaire du Rwanda Stock Ownership | ||||||||||||||||||||||||
Branch networkAs 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): [3]
DirectorsThe activities of Banque Populaire du Rwanda are supervised by an eight-member Board of Directors. The current chairman of the board is Manasse Twahirwa.[4] Management boardThe 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 Chief Executive Officer, (CEO). The current CEO is Herman Klaasen.[5] ReferencesExternal links
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