Rwanda, DRC most profitable units for KCB, Equity banks



Business Daily | by Charles Mwaniki


Rwanda and the Democratic Republic of Congo (DRC) were the most profitable regional subsidiaries for KCB Group and Equity Group respectively in 2021, revealing the benefits of acquisitions they made in those countries.

KCB acquired Banque Populaire du Rwanda (BPR) in June last year from London-listed financial services firm Atlas Mara Limited, eyeing a larger footprint in retail banking in the country…

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