The story
The bank was granted a banking license by the National Bank of Rwanda, in 2011 and commenced banking services in the fourth quarter of 2011. Rwanda was the fourth East African country where the Equity Bank Group has opened a subsidiary. Operations in Tanzania commenced during the first quarter of 2012. The bank group maintains financial services subsidiaries in Kenya, Rwanda, South Sudan, Democratic Republic of Congo, Uganda and Tanzania. Operations in Burundi are planned to begin in the next five years.
According to the New Times Rwanda, Equity Bank Rwanda received the Bank of the Year-Rwanda 2020 award by The Banker during the Bank of the Year Awards. In 2020 the bank rebranded to Equity Rwanda as it diversified into insurance, it began by being an insurance brokerage firm.
From Wikipedia’s article on Equity Bank Rwanda Limited, shared under CC BY-SA 4.0.5