Customers will benefit from competition in banking

Bank of Kigali (BK) has announced that it will roll out new Automated Teller Machines (ATMs), with additional features to process deposits, while KCB says it plans to launch Visa Debit Cards in the competitive banking sector. Kenya’s Equity Bank is expected to launch its operations in the country this year.Rwanda’s banking sector has evolved with the entry of regional and international players, as well as, more diversified products. And it is projected to emerge much stronger this year, largely occasioned by the country’s status as an ideal investment destination and the central bank’s financial sector reforms.