ACCESS BANK RWANDAProfile
Our Philosophy
To go beyond the ordinary,
to deliver the perceived impossible,
in the Quest for Excellence
To transform our bank
into a world-class financial
services provider.
The Quest For Excellence
M I S S I O NV I S I O N
BRAND DRIVER
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Our Core Values
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In March 2008 Access Bank completed the acquisition of 75% stake in Bancor SA
The acquisition process was in adherence to International and local best practices, working with International firms like “Accenture”
The choice of Bancor SA is because we share common values, Humility and mutual respect, culture of excellence and professionalism
With this acquisition, Access Bank will leverage on Bancor’s solid customer base and create “Africa’s Bank of Best Practice” with operations in line with global best banking practices and staffed by Africa’s best and brightest banking professionals
This completion of this acquisition will greatly strengthen both the Access Bank Group and Bancor by accelerating the attainment of our Pan-African growth objectives and enhancing our business portfolio
Access Bank Acquisition of Bancor
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About Bancor SA Bancor SA was incorporated in 1995 with corporate office in Kigali
Repositioned in 2001 under new core investors
One of the top 4 Banks in Rwanda by balance sheet
Operates out of 3 other branches
Nyabugogo, Gisenyi and Cyangugu
Business Focus
Corporate ( Local & Large)
Commercial (Small & Medium Enterprise)
Retail (Individual)
Strong reputation for excellent customer service
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About Access Bank Rwanda
Access Bank Rwanda was incorporated in 2008 as a full service
commercial Bank
Total Asset as at 26th April 2012 is RWF47billion and total
shareholders fund of RWF 6.8 billion
Access Bank operates through a network of 7 branches in the country
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Access Bank Plc Leadership
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• Gbenga Oyebode was educated at University of Ife (LL.B Honours) and University of Pennsylvania, Philadelphia (LL.M Honours) where he graduated in 1979 and 1982, respectively.
• A Barrister & Solicitor of the Supreme Court of Nigeria (Admitted June 1980) and an Attorney-at-law of the Supreme Court of New York State (Admitted November 1983). Mr. Oyebode is a member of the Nigerian Bar Association, and the American Bar Society of International LawChairman
Group Managing Director/ CEO
• Aigboje Aig-Imoukhuede is Alumnus of Harvard Business School, Executive Management Programme and also holds an LLB and a BL degree from the University of Benin & the Nigeria Law School respectively.
• He is a Fellow of the African Leadership Institute under the auspices of Aspen Institute, Colorado USA and an Honorary Fellow of the Chartered Institute of Bankers (CIBN)
• Herbert Wigwe, an Alumnus of Harvard Business School, Executive Management Programme holds a B.Sc. Degree in Accountancy from the University of Nigeria, Nsukka and Masters Degrees in Banking and International Finance from the University College of North Wales and Financial Economics from the University of London. He is also a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).
• Herbert started his professional career with Coopers and Lybrand Associates, an international firm of Chartered Accountants prior to his banking career. He has over 10 years banking experience and has managed several portfolios including Financial Institutions, Corporates and Multinationals. He is the Group Deputy Managing Director of Access Bank Plc
Group Deputy Managing Director
Access Bank Rwanda Leadership
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Chairman
Okey Nwuke is a Fellow of the Institute of Chartered Accountants of Nigeria and an Associate of the Chartered Institute of Taxation of Nigeria. Mr. Nwuke has expertise in credit analysis, financial management and general banking business operations. Mr. Nwuke holds a B.Sc. degree in Accountancy from University of Nigeria and an MBA (Distinction) degree from the Birmingham Business School, United Kingdom. Okey has been exposed to several leadership and professional development programmes at renowned global
institutions of excellence including Harvard, INSEAD, Wharton, IMD amongst others.
Managing Director/ CEO
Jean Claude Karayenzi was educated in the George Washington University . He has expertise in credit analysis, financial management and general banking business operations from different banks that include Piedmont Federal Saving Bank, Virginia, U.S.A, Riggs National Bank, Washington D.C, U.S.A , Allied Bank International, Uganda, And Cogebanque, Rwanda. In addition to his B.Sc. Degree in Finance obtained with distinction Mr Jean Claude holds a masters degree in Business Administration, Accounting option (with distinction). He is currently the Country Managing Director of Access Bank Rwanda Ltd., a subsidiary of Access Bank plc for more than 10 years and a Board member of different organization in Rwanda including the Private Sector Federation of Rwanda. Jean Claude has been exposed to several leadership and professional development programs.
Access Rwanda – Fact Sheet
OUR VISION : To transform our bank into a world-class financial services provider.
OUR MISSION : To go beyond the ordinary, to deliver the perceived impossible, in the Quest for Excellence
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No of Employees 150
Partners
Total AssetsRWF47billion
Channels7 Branches4 ATMs
Shareholders FundsRWF 6.8 billion
Branches• Access Bank Head Office
• Access Bank Matheus
• Access Bank Remera
• Access Bank Nyabugogo
• Access Bank Musanze
• Access Bank Rubavu
• Access Bank Rusizi
Financial Highlights
Full Year Ended December, 2010Full Year Ended December, 2011.
Balance Sheet Size RWF 47.9 Billion RWF 55.8 Billion
Shareholders’ Funds RWF 5.97 Billion RWF 6.65 Billion
Gross Earnings RWF 6.981 Billion RWF 6.302Billion
Foreign Currency Lines US$ 2.5 Million US$ 5 Million
Network 7 branches. Strategically located in Musanze, Rubavu, Rusizi and the capital.
7 branches. Strategically located in Musanze, Rubavu, Rusizi and the capital.
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Strategic Targets - 2008-2013
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Top 3 financial services in Rwanda
Skills GovernanceRisk
ManagementCapital
Corporate / Wholesale Banking
Banking
the chain: Retail
E -Business
Trade
Finance
Our Vision for Rwanda
To Overall objective is to create a leading national financial services provide.
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To be at least the second leading bank in the Rwandan marketOur Rwandan Vision
To deliver superior customer service armed with the necessary trend in technology.
Specific Strategies
Our Promise
Customers
Cutting Edge Technology
World-class customer Service
Innovative Product portfolio
Access to Robust Continental Network
Government
Increase in Employment
Economic Growth – across key economic sectors
Create positive Positioning/perception of Rwanda in the African financial landscape
Support real sector and infrastructural financing
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Our Promise ( Cont…)
Corporations & Businesses Innovative Business Solutions Trade & Structured Finance
Regulators Introduce & Encourage global Best Practice in Rwanda Introduction of technology enhanced banking operations
Flex cube
Rwandese Community Increase in employment opportunity Economic growth and empowerment for locals Boost Economic activities within communitiesIndividual growth
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Our Value Proposition
Rwanda Banking Network Present in 3 Provinces
People – Highly trained Professional staff Excellent Service Delivery
Advisory/Consultancy
Import latest global Banking Technology Flex cube
Import banking best practice to Rwanda
Introduction of Innovative and ‘customerised’ product offerings
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Thank you