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Agaseke Bank

Bank of Rwanda

Bank of Africa Rwanda Limited, also BOA Rwanda, formerly known as Agaseke Bank, is a commercial bank in Rwanda. It is one of the licensed banks in the Republic of Rwanda. The bank is a growing financial services provider in Rwanda.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2011Founded1

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Bank of Africa Rwanda Limited, also BOA Rwanda, formerly known as Agaseke Bank, is a commercial bank in Rwanda. It is one of the licensed banks in the Republic of Rwanda. The bank is a growing financial services provider in Rwanda. As of December 2012, its total assets were valued at approximately US$14.6 million (RWF:9.2 billion).2

The story

BOA Rwanda was formed in November 2003 as Centre Financier aux Entrepreneurs Agaseke (CFE SA Agaseke), with the aim of providing financial services to small and medium-sized businesses. On 14 December 2010, the shareholders adopted a resolution to convert CFE SA Agaseke to a microfinance bank, and adopted the name Agaseke Bank. It was granted a banking license by the National Bank of Rwanda, the national banking regulator, in 2011, and commenced commercial banking services in the same year.

On October 15, 2015, the Bank of Africa Group announced its acquisition of a 90% stake in Agaseke Bank. This led to Agaske Bank changing its name to Bank of Africa Rwanda Limited and converting to a commercial bank.

From Wikipedia’s article on Bank of Africa Rwanda, shared under CC BY-SA 4.0.3

Products and brands

  • loan

Listed on Wikidata.1

Timeline

  1. 2011Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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