navigation search i & m bank rwanda limited type private industry financial services founded 1963 headquarters kigali rwanda key people irwin william carlisle chairman 1 robin bairstow managing director 1 products loans checking savings investments debit cards revenue aftertax us 6.77 million rwf 5 billion december 2015 total assets us 232.8 million rwf 172 billion december 2015 number of employees 300 2015 2 slogan you will love the difference website homepage i & m bank rwanda limited is a commercial bank in rwanda that is licensed by the national bank of rwanda the national banking regulator . 3 contents 1 overview 2 history 3 i & m bank group 4 ownership 5 branch network 6 see also 7 references 8 external links overview edit the bank is a medium sized bank serving large corporations small to medium businesses and individuals . as of december 2015 update the bank s total assets were valued at rwf 175 billion approx . us 232.8 million . 4 shareholder s equity at 31 december 2014 was approximately us 28.9 million rwf 21.6 billion . 5 note us 1.00 rwf738 .84 on 6 august 2016 history edit the bank was opened in 1963 under the name banque commerciale du rwanda bcr or commercial bank of rwanda . in the beginning it was wholly owned by the government of rwanda . in 2004 it was privatized . as of april 2010 actis capital owned 80 percent and the rwandan government owned the remaining 20 percent of the financial institution . 6 actis capital is a private equity investment firm headquartered in london united kingdom that specializes in investments in developing countries . the firm s investment portifolio was almost us 5 billion as of april 2010 . in july 2012 actis capital divested from bcr by selling its shares to a consortium of the i & m bank group from kenya proparco from france and the german investment corporation . the rwandan government retained its shares in the bank . 7 8 in august 2013 the bank rebranded to i & m bank rwanda to reflect its current shareholding . 9 in september 2015 i & m bank rwanda appointed its current managing director robin bairstow 10 i & m bank group edit i & m bank rwanda is a member of the i & m bank group of companies . the group is a leading financial services provider in east africa with an asset base estimated at over us 1.875 billion ksh176 .5 billion as of december 2014 . the group has operations in kenya mauritius rwanda and tanzania . ownership edit as of april 2015 update the bank s stock was owned by the entities listed in the table below . at that time there were plans for the government of rwanda to list its shareholding on the rwanda stock exchange by floating an initial public offering . 11 12 i & m bank rwanda stock ownership rank name of owner percentage ownership 1 i & m bank group 55.0 2 proparco 12.5 3 german investment corporation deg 12.5 4 government of rwanda 19.8 5 others 0.2 total 100.00 branch network edit i & m bank rwanda branches i & m bank rwanda maintains the following branches as of april 2015 13 main branch 11 boulevard de la revolution kigali kacyiru umubano branch umubano hotel boulevard de l umuganda gasabo district kigali remera branch kisimenti remera kigali nyamirambo branch rwezamenyo sector nyamirambo kigali mateus branch rue du travail mateus quarter kigali rusizi branch kamembe sector cyangugu nyabugogo branch building inkundamahoro nyabugogo kigali rubavu branch gisenyi sector gisenyi also known as gisenyi branch musanze branch muhoza sector musanze gicumbi branch byumba sector byumba rwamagana branch kigabiro sector rwamagana karongi branch rssb building karongi western province kenya airways branch utc building nyarugenge kigali also known as nyarugenge branch magerwa branch gikondo magerwa kigali huye branch ngoma sector huye southern province kigali city market nyarugenge kigali see also edit list of banks in rwanda economy of rwanda references edit a b i & mbr . 2013 . i & m bank rwanda board of directors . i & m bank rwanda i & mbr . retrieved 27 april 2015 . ojulu edward 23 july 2012 . rwanda why bcr is a good buy for its new investors . rwanda focus via allafrica.com . retrieved 27 april 2015 . bnr . 2013 . list of licensed banks in rwanda pdf . national bank of rwanda bnr . retrieved 27 april 2015 . uwanziga appolonia 31 march 2016 . rwanda i & m bank net profit rises to rw5 billion lender to strengthen e platforms . new times rwanda via allafrica.com . kigali . retrieved 6 april 2016 . i & m bank rwanda . i & m bank rwanda limited statement of financial position as at 31 december 2014 pdf . i & m bank group i & mbg . retrieved 27 april 2015 . i & mbr . 2010 . the history of i & m bank rwanda . i & m bank rwanda i & mbr . retrieved 27 april 2015 . joint report . 13 november 2011 . actis to sale stake in bcr umeme and dfcu . the eastafrican nairobi . retrieved 27 april 2015 . rubadiri victoria 18 july 2012 . i & m bank ventures into rwanda market . 98.4 capital fm nairobi . retrieved 27 april 2015 . gasore ben 8 december 2013 . rwanda bcr rebrands to i & m bank . new times rwanda via allafrica.com . retrieved 27 april 2015 . tumwebaze peterson . banking sector must serve all market segments equally . the new times rwanda . retrieved 2016 02 04 . wainainah doreen 13 april 2015 . i & m bank rwanda to go public as state prepares to sell its 19.8 % stake . the eastafrican nairobi . retrieved 16 april 2015 . gasore ben 7 april 2015 . government to sell its stake in i & m bank to public through an ipo . new times rwanda . retrieved 27 april 2015 . imbr . 2014 . the branches of i & m bank rwanda . i & m bank rwanda imbr . retrieved 27 april 2015 . external links edit i & m bank rwanda website i & m bank rwanda 2013 half year profits increase by 80 % v t e economy of rwanda currency rwandan franc national bank of rwanda communications banking communications history of trade transportation industries agriculture tourism mining retrieved from https en.wikipedia.org w index.php title i % 26m bank rwanda limited & oldid 729925992 categories banks of rwandacompanies of rwandabanks established in 1963companies established in 1963economy of rwanda1963 establishments in rwandahidden categories articles containing potentially dated statements from december 2015all articles containing potentially dated statementsarticles containing potentially dated statements from april 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 15 july 2016 at 14 53 . text is available under the creative commons 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