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
SMEs drive up to 40% of GDP and most jobs but face regulatory and financial constraints Power shortages and limited access to finance remain major...
BOA Niger warns net profit to drop 92% in 2025 Decline driven by high provisions amid rising non-performing loans Sanctions and weak lending...
Togo minister opens talks with private sector to boost growth Businesses cite financing gaps, debt, and energy costs as...
British International Investment and Deutsche Bank launch a $150 million facility to support trade finance across Africa. The program...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
04

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
05

Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...

Report details land compensation for nearly 5,000 households in Uganda’s Tilenga oil project
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.