Home East Africa The Mauritius Commercial Bank Limited (MCB) lends Bank of Kigali sign...

The Mauritius Commercial Bank Limited (MCB) lends Bank of Kigali sign a US$20 million loan

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  • A US$ 20 million loan has been successfully signed between The Mauritius Commercial Bank Limited (MCB) and Bank of Kigali Plc  recently to provide additional liquidity to Bank of Kigali Plc over
  • The loan  is for a 1-2 year period. This will facilitate execution of its lending strategy
  • Bank of Kigali Plc maintains strong financial performance and continues to attract the support of financial institutions.

A US$ 20 million loan has been successfully signed between The Mauritius Commercial Bank Limited (MCB) and Bank of Kigali Plc  recently to provide additional liquidity to Bank of Kigali Plc over. The loan  is for a 1-2 year period. This will facilitate execution of its lending strategy. Bank of Kigali Plc maintains strong financial performance and continues to attract the support of financial institutions.

The loan will be used for funding corporate projects, which will help inject the funds into the economy to boost growth and development.

The two organizations have over the years, established an excellent relationship. Their partnerships are across various spectrums of normal banking activities including    specialized advisory services around Capital Markets and Consulting.

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