AB Bank Rwanda

{{Infobox company

| name = AB Bank Rwanda

| logo =

| type = Private

| company_slogan =

| foundation = 2013

| location = Kigali, Rwanda

| key_people = Zachary Raymond
Managing Director

| num_employees =

| assets = US$5.54 million (RWF:3.683 billion) (2013)

| revenue =

| industry = Financial services

| products = Loans, Checking, Savings, Investments, Debit Cards

| homepage = [http://www.abbank.rw/ www.abbank.rw]

}}

AB Bank Rwanda (ABR), is a microfinance bank in Rwanda. The bank is one of the licensed banks in the Republic of Rwanda.{{cite web

|url=http://www.bnr.rw/index.php?id=317

|title=List of Licensed Banks In Rwanda

|accessdate=3 August 2014

|publisher=National Bank of Rwanda

|date=2014

|url-status=dead

|archiveurl=https://web.archive.org/web/20140712183101/http://bnr.rw/index.php?id=317

|archivedate=12 July 2014

}}

Overview

ABR is a Rwandan microfinance bank, wholly owned by International institutions, that was established in 2013. It is affiliated with, and is subsidiary of AccessHolding, a commercial microfinance investment and holding company based in Germany, with subsidiaries in Azerbaijan, Madagascar, Tanzania, Nigeria, Liberia, Tajikistan, Zambia and Rwanda.{{cite web|title=Overview of Access Microfinance Holding AG (AccessHolding)|accessdate=3 August 2014|url=http://www.accessholding.com/About_Us/|publisher=AccessHolding (AMFHAG)|archive-date=21 August 2014|archive-url=https://web.archive.org/web/20140821132349/http://accessholding.com/About_Us/|url-status=dead}}

History

The bank was granted a banking license by the National Bank of Rwanda, the national banking regulator, in 2013 and commenced commercial banking services in the same year. By June 2014, AB Bank Rwanda maintained over 4,000 deposit accounts and more than 1,300 loan accounts. The loan book exceeded RWF:1 billion (US$1.5 million).{{cite web|date=13 June 2014|url=http://www.newtimes.co.rw/news/index.php?i=15752&a=77534|title=AB Bank Rwanda Loan Book Hits RWF:1 Billion|first=Ben|last=Gasore|publisher=The New Times (Rwanda)|accessdate=3 August 2014|archive-url=https://web.archive.org/web/20140810101613/http://www.newtimes.co.rw/news/index.php?i=15752&a=77534|archive-date=2014-08-10|url-status=dead}}

Ownership

The stock of the bank is privately owned by institutional investors. {{asof|December 2013}}, the shareholding in the bank is as depicted in the table below:{{cite web|title=AB Bank Rwanda: Shareholders|url=http://www.abbank.rw/shareholders.html|accessdate=3 August 2014|publisher=AB Bank Rwanda|date=2013|archive-url=https://web.archive.org/web/20140810030212/http://www.abbank.rw/shareholders.html|archive-date=10 August 2014|url-status=dead|df=dmy-all}}

style="font-size:100%;"
width="100%" align="center" \| AB Bank Rwanda Stock Ownership
valign="top" \| {\| class="wikitable sortable" style="margin-left:auto;margin-right:auto" ! style="width:2em;" \|Rank !!Name of Owner!!Percentage Ownership
1	AccessHolding	67.9
2	German Development Bank (KfW)	17.1
3	International Finance Corporation (IFC){{cite web \|url=http://www.microfinancenigeria.com/other-news/rwanda-ifc-access-bank-rwanda-sign-300000-pact-to-support-rural-smes/ \|title=Rwanda: IFC, Access Bank Rwanda Sign $300,000 Pact To Support Rural SMES \|date=8 April 2014 \|accessdate=3 August 2014 \|publisher=MicroFinanceNigeria.Com \|url-status=dead \|archiveurl=https://web.archive.org/web/20140811183229/http://www.microfinancenigeria.com/other-news/rwanda-ifc-access-bank-rwanda-sign-300000-pact-to-support-rural-smes/ \|archivedate=11 August 2014 }}	15
	Total	100.00