TOP STORY: KCB to cross - list on Rwanda bourse this year

According to the bank’s top executive KCB will open one branch in Butare, Cyangugu, Ruhengeri, Gisenyi, Nygatare and two more branches in Kigali Kenya Commercial Bank (KCB) is ready to float its shares on the Rwanda stock market, but the initiative awaits an endorsement from the shareholders’ annual general meeting. The move would allow Rwandans to purchase shares in East Africa’s largest indigenously owned bank, without necessarily trading on USE and NSE which are Uganda and Kenya’s stock market respectively.