Egide Gatera’s group acquires Kibo’s stake into I&M Rwanda
Founded in 1963 as Banque Commerciale du Rwanda and acquired by I&M Group in 2012, I&M Rwanda (RSE:IMR) is the second largest bank in Rwanda with a market share of just over 10%. Through its fourteen branches around the country, the bank offers a full range of banking services all over Rwanda, with a strong focus on corporates and SMEs. I&M Rwanda has been listed on the Rwanda Stock Exchange since 2017, and is a long-time partner of development finance institutions, especially IFC, Proparco and DEG.