PUBLIC ANNOUNCEMENT<\/p>\n
CHANGE OF NAME FROM BANQUE COMMERCIALE DU RWANDA LIMITED TO I&M BANK (RWANDA) LIMITED<\/p>\n
We wish to inform that upon receipt of statutory approvals, effective immediately, the Bank has changed its name from Banque Commerciale du Rwanda Ltd (BCR) to I&M Bank (Rwanda) Limited.<\/p>\n
By way of background, in July 2012, a consortium led by I&M Bank Ltd acquired 80% of the shareholding in BCR. As a result of the transaction, the effective shareholding of BCR changed with 55% being held by I&M Bank Ltd, a leading regional bank incorporated in Kenya, 12.5% each by PROPARCO and DEG, two leading European Development Finance Institutions, 19.8% by the Government of Rwanda and 0.2% by private shareholders. <\/p>\n
Since then, the management and staff have worked together towards a smooth and effective integration with the majority shareholder, culminating in the change in name.<\/p>\n
The change in name has no impact on the management structure and operations of the bank. We will continue to provide our esteemed customers with the highest levels of service.<\/p>\n
All existing contracts, agreements and documents in the name of Banque Commerciale Du Rwanda Limited (BCR) will remain contractually binding and enforceable.<\/p>\n
For any query, please contact any member of the management team.<\/p>\n
{{BY ORDER OF THE BOARD}}<\/p>\n","protected":false},"excerpt":{"rendered":"
PUBLIC ANNOUNCEMENT CHANGE OF NAME FROM BANQUE COMMERCIALE DU RWANDA LIMITED TO I&M BANK (RWANDA) LIMITED We wish to inform that upon receipt of statutory approvals, effective immediately, the Bank has changed its name from Banque Commerciale du Rwanda Ltd (BCR) to I&M Bank (Rwanda) Limited. By way of background, in July 2012, a consortium […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-9660","post","type-post","status-publish","format-standard","hentry","category-news","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/9660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=9660"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/9660\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=9660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=9660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=9660"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=9660"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=9660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}