Finance

Rawbank makes exceptional progress in the 300 African Finance Champions ranking

Rawbank makes exceptional progress in the 300 African Finance Champions ranking
Tuesday, 04 October 2022 11:52

Rawbank, a major player in the banking sector in the Democratic Republic of Congo, is proud to be listed among the top 200 African Banking Champions published by Jeune Afrique Magazine in its 300 Champions of Finance edition, published on September 26, 2022.

This notable increase of 22 places compared to 2021 is the result of the various programmes launched by the bank concerning the digitalisation of banking services, SME financing, support for the informal sector and support for female entrepreneurship.

In this year's ranking, Rawbank consolidates its leading position and reaffirms its constant commitment as the first Congolese bank and 3ème bank in Central Africa with a Net Banking Product that has increased by 37% and a 45% variation of the balance sheet in 2021.

"We are delighted to have moved up 22 places among the 300 champions of finance. This is the result of the work of all our teams, the trust placed in us by our partners and the demands we place on ourselves every day to meet the challenges of tomorrow. We will continue to progress and surpass ourselves every day," said Mustafa Rawji, Managin director of Rawbank.

Rawbank is grateful for the trust shown by the bank's partners and customers who enable Rawbank to honour its commitments and exceed their expectations, anticipating difficulties and innovating in difficult contexts.

ABOUT RAWBANK

For 20 years, Rawbank has been supporting the development of the Congolese economy. It offers the most modern products and services to its 500,000+ corporate, SME and individual customers through a network of 100 sales outlets in 19 provinces of the country, including Greater Katanga, Greater Kasai, the two Kivus, Equateur and Central Kongo. In addition to this vast network of branches, there is a representative office in Brussels and 240 ATMs. With more than 1,800 employees, Rawbank has a market share of over 30%. Solidity, profitability and sustainability are Rawbank's priorities for consolidating its growth strategy. Its work has been rewarded with the African Bankers Award 2022 for the best regional bank in Central Africa, a Moody's CAA 1 rating, ISO/IEC 20000 and ISO/IEC 27001 certifications. Partners who trust RAWBANK include: IFC, AfDB, TDB, BADEA, Shelter Africa, AGF.

7856 rawbank

On the same topic
• Central African Republic seeks $12B for 2024-2028 development plan• 58 projects target agriculture, mining, energy, transport, and health• Goal:...
• S&P Global Ratings lowered Botswana's sovereign credit rating to BBB from BBB+, maintaining a negative outlook.• The downgrade stems from collapsing...
• Only six of Nigeria's 13 listed banks currently meet the Central Bank of Nigeria's (CBN) new recapitalization requirements.• The CBN significantly...
• Kenyan lender Equity Bank has initiated steps to enter the Ethiopian banking market, recently opened to foreign investment.• Ethiopia offers a market of...
Most Read
01

From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...

Africa's Boundless Future: How a simple mobile phone became a pocket bank for millions
02

• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...

WAEMU Region Records Second Straight Month of Deflation, at -0.9% in July 
03

Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...

Gabon’s Airtel, Moov to Share Towers Under Govt-Brokered Deal
04

Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...

Saudi Arabia’s 2025 Shopping List Now Includes Industrial Parks in Africa — With a $700 Million Entry Ticket
05

As a relatively small issuer in the West African Economic and Monetary Union (WAEMU) market, Benin i...

How Benin, a Small West African Nation, Became a Darling of Regional Debt Markets
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.