BPR introduces a corporate unit to its portfolios

Bank Populaire du Rwanda (BPH) has introduced a corporate centre to cater for clients who make large transactions, according to the top executive. Ben Kalkman, the CEO of the bank made the revelations last week at the official opening of the new Rwf500m refurbished head office in Kigali. He said the new portfolio is aimed at improving service delivery. “We are working with the government to keep the banking industry safe for Rwandans to keep their savings,” explained kalkman. Kalkman also said that this was part of their long-term plan to reform the bank. BPR is Rwanda’s leading retail bank with a nationwide branch network of 130 branches and outlets throughout the country. François Kanimba, the Governor of the Central Bank applauded BPR’s role in boosting the small and medium enterprises (SMEs) segment in the country. The Governor also challenged the banking industry to compliment their expansion programmes with increased product innovation and diversification. BPR recently changed from a co-operative to a corporate structure but it has remained true to its co-operative roots, by retaining its widespread shareholder base of clients throughout the country. Statistics by the National Bank of Rwanda show that BPR boasts approximately 600,000 account holders who own 65 percent shares in the bank’s shareholding structure. Ends

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BPR introduces a corporate unit to its portfolios