Following Equity Group Holdings PLC’s (EGH) acquisition of 99.2610% shareholding of Cogebanque from the Government of Rwanda, Rwanda Social Security Board, Sanlam Vie Plc, Ms. Judith Mugirasoni and other minority shareholders of Cogebanque, EBR and Cogebanque sought regulatory approval for the amalgamation of the two entities. EBR and Cogebanque are pleased to announce that all requisite regulatory approvals relating to the proposed merger have been received.

Receipt of the requisite regulatory approvals marks a major step forward in our journey to combine our strengths and create a more robust, efficient, and customer-centric combined entity. The merger will be effective 31st December, 2023.

We wish to reassure all our customers, suppliers, and stakeholders that our commitment to providing exceptional service and value remains unwavering during this transition period. Our teams are dedicated to ensuring a smooth integration process.

All enquiries in relation to the amalgamation can be sent to info@equitybank.co.rw.