Compagnie Générale de Banque


Compagnie Générale de Banque, sometimes referred to as Cogebank, is a Rwandan multinational commercial bank. The bank is one of the commercial banks in the Republic of Rwanda, licensed by National Bank of Rwanda, the national banking regulator.

Overview

, the bank's total assets were valued in excess of US$192.2 million, with shareholders' equity valued at US$19.65 million.

History

Cogebanque was established in July 1999 by forty-two private Rwandan investors. At that time, the insurance company Compagnie Générale d'Assurance et de Reassurance, was the largest shareholder, with 34% ownership. In the beginning, the bank's emphasis was Small and Medium Enterprises, agriculture and the service industries. In 2008, three new international investors paid US$6 million for a 40% ownership in the bank. The new investors included: ShoreCap International of Chicago, Illinois, United States; the Belgian Investment Company for Developing Countries and AfricaInvest, an investment company based in Tunisia. These transactions, initiated in 2008, were concluded in early 2010. The original Rwandan investors maintain a 60% shareholding in the restructured bank.

Branch Network

As of March 2015, Cogebanque maintained branches at the following locations:
  1. Cogebanque Headquarters – Centenary House, KN 4 Avenue, Kigali
  2. Rond-Point Branch – BIB Trading Building, KN 1 Round About, Kigali
  3. Rubangura Branch – Rubangura House, KN 2 Street, Kigali
  4. Nyabugogo Branch – Chez Manu Building, KN 1 Road, Kigali
  5. Nyarutarama Branch – MTN Centre, KG 9 Avenue, Kigali
  6. Gisozi Branch – Companion House, KG 33 Avenue, Gisozi, Kigali
  7. Remera Branch – Nyiransengimana Justine Building, KG 11 Avenue, Kigali
  8. Kicukiro Branch – Inind House, Kigali
  9. Rwamagana Branch – Rusirare Jacques Building, Rwamagana, Eastern Rwanda
  10. Kabarondo Branch – Cogebanque Building, Kabarondo, Eastern Rwanda
  11. Huye Branch – Bihira Juvenal Building, Butare, Huye District, Southern Rwanda
  12. Nyamagabe Branch – Kanimba Building, Nyamagabe, Southern Rwanda
  13. Muhanga Branch – Mukantabana Speciose Building, Gitarama, Southern Rwanda
  14. Musanze Branch – Economat Diocese Building, Ruhengeri, Northern Rwanda
  15. Rubavu Branch – Munyandekwe Issa Building, Rubavu, Western Rwanda
  16. Kamembe Branch – Twizeyimana Vincent Building, Kamembe, Western Rwanda
  17. Tyazo Branch – Kagorora Jacques Building, Tyazo, Southern Rwanda
  18. Nyagatare Branch – Karangwa House, Eastern Rwanda
  19. Prestige Banking Branch – Centenary House, Kigali.