Banque Populaire du Rwanda

Banque Populaire du Rwanda
Type Private
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.

Contents

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 copoperative bank into a commercial bank, Banque Populaire du Rwanda SA.

Ownership

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
Rank Name of Owner Percentage Ownership
1 Rwanda Financial Cooperatives 65.0
2 Rabobank 35.0
Total 100.0

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): [3]

  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 Manasse Twahirwa.[4]

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 Chief Executive Officer, (CEO). The current CEO is Herman Klaasen.[5]

References

External links