Company Overview of Banque Populaire du Rwanda S.A.
Banque Populaire du Rwanda S.A. provides personal and business banking products and services. Its personal banking products and services include current and savings accounts; term deposits; and mid-month salary, salary advance, car, medical care, marriage, and education loans. The company’s business banking products and services comprise current accounts; term deposits; various loan schemes, including temporary or permanent overdrafts, invoice discounting, working capital finance, equipment finance, and credit line; and performance bonds. It also provides current accounts, SME loans, micro-credit, agricultural loans, and credit and guarantee funds for SMEs; and mobile banking, call center, S...
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Key Executives for Banque Populaire du Rwanda S.A.
Chief Executive Officer and Managing Director
Chief Human Resources Officer
Compensation as of Fiscal Year 2016.
Banque Populaire du Rwanda S.A. Key Developments
Banque Populaire du Rwanda S.A Announces CEO Changes
Jan 7 16
Sanjeev Anand has joined as CEO of Banque Populaire du Rwanda S.A. The company like to thank Ephraim Turahirwa for the leadership he has provided BPR during the past three years and wish him the very best.
Atlas Mara Announces Potential Acquisition Of Stake in BPR
Apr 27 15
Atlas Mara Limited (LSE:ATMA) is in exclusive discussions to invest approximately $22.5 million in Banque Populaire du Rwanda S.A. (BPR). The transaction will result in Atlas Mara owning 45% of BPR. Following this transaction, Atlas Mara intends to merge BPR with BRD Commercial Bank Ltd. Atlas Mara will also purchase applicable secondary shares from local shareholders, resulting in Atlas Mara having a controlling stake of over 70% in the combined entity. At a recent extraordinary shareholders' meeting, BPR's shareholders granted approval to BPR's Board of Directors to engage with Atlas Mara, on an exclusive basis, to negotiate the terms of the contemplated transactions. The completion of the transactions is subject to binding legal agreements and regulatory approvals and is expected in the third quarter of 2015. Atlas Mara intends to fund the transactions with cash on its balance sheet.
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