bank rwanda ltd type private industry financial services founded 2004 headquarters kigali rwanda key people celestin kayitare chairman olabayo veracruz managing director 1 products loans checking savings investments debit cards revenue pretax us 0.08 billion rwf 0.062 billion q4 2015 total assets us 102.0 million rwf 76.24 billion q4 2015 website gtbank.co.rw guaranty trust bank rwanda ltd commonly referred to as gtbank is one of the licensed commercial banks in the republic of rwanda . contents 1 overview 2 history 3 ownership 4 branch network 6 5 governance 6 see also 7 references 8 external links overview edit guaranty trust bank rwanda ltd headquarter kigali city as of december 2015 update guaranty trust bank rwanda had an estimated asset base of us 102.0 million rwf 76.24 billion . 2 guaranty trust bank rwanda ltd is a subsidiary of guaranty trust bank a nigerian financial services conglomerate gtbank has subsidiaries in the following countries gtbank rwanda 3 kigali rwanda gtbank kenya nairobi kenya gtbank uganda kampala uganda gtbank c te d ivoire abidjan ivory coast gtbank gambia banjul gambia gtbank ghana accra ghana gtbank liberia monrovia liberia gtbank sierra leone freetown sierra leone gtbank uk london england united kingdom history edit the beginnings of the bank in rwanda can be traced to 1983 when the bacar bank was established . it became one of the first privately owned commercial banks in the country . sometime before 2004 bacar was taken over by the national bank of rwanda the country s central bank because of managerial issues . in 2004 fina bank at that time a kenyan commercial bank acquired bacar . in 2008 fina bank opened banking operations in uganda as well forming the fina bank group . in 2013 guaranty trust bank acquired 70 percent shareholding in the fina bank group for a cash payment of us 100 million . 4 in january 2014 the bank rebranded to reflect the new ownership structure . 5 ownership edit as of january 2014 update the shareholding in the stock of gtbank rwanda was as follows gtbank rwanda stock ownership rank name of owner percentage ownership 1 guaranty trust bank 95.73 2 government of rwanda 4.27 total 100.00 branch network 6 edit as of june 2016 gtbank maintained branches at the following locations 7 main branch 20 boulevard de la r volution kigali gisozi branch gasabo kigali muhanga branch muhanga southern province kayonza branch kayonza eastern province ngoma branch ngoma eastern province karongi branch karongi western province kicukiro branch kicukiro kigali kigali city market branch nyarugenge kigali kimironko branch gasabo kigali nyabugogo branch nyarugenge kigali remera branch gasabo kigali rubavu branch rubavu northern province musanze branch musanze northern province rusizi branch rusizi western province governance edit the activities of guaranty trust bank rwanda are directed by a seven person board of directors . the chairman of the board is celestin kayitare one of the non executive directors . the daily activities of the bank are supervised by a ten person senior management team . the managing director is olabayo veracruz . 1 see also edit list of banks in rwanda economy of rwanda guaranty trust bank uganda guaranty trust bank kenya fina bank group references edit a b gasore ben 20 may 2014 . rwanda gt bank completes takeover of finabank s 70 percent stake . new times rwanda . retrieved 7 june 2015 . gasore ben 29 may 2015 . rwanda gtbank records rwf 260.4 million net profit in q1 . the new times rwanda . retrieved 30 may 2015 . guaranty trust bank rwanda ltd . www.facebook.com . retrieved 2016 06 29 . nation correspondent . 29 december 2013 . regulator approves plan by nigerian bank to buy 70 percent fina stake . daily nation mobile nairobi . retrieved 7 june 2015 . kasambira timothy 29 january 2014 . finabank rebrands to gt bank . new times rwanda . retrieved 7 june 2015 . branch locator gtbank rwanda . gtbank.co.rw . retrieved 2016 06 29 . gtbr . 2015 . the branch network of guaranty trust bank rwanda . guaranty trust bank rwanda gtbr . retrieved 7 june 2015 . external links edit guaranty trust bank rwanda homepage 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 guaranty trust bank rwanda & oldid 733563158 categories banks of rwandacompanies of rwandabanks established in 2004economy of rwanda2004 establishments in rwandahidden categories pages using infobox company with unsupported parametersarticles containing potentially dated statements from december 2015all articles containing potentially dated statementsarticles containing potentially dated statements from january 2014 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured 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