trending Market Intelligence /marketintelligence/en/news-insights/trending/gafNbqEs20ovj5ySyEKxGQ2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Report: Rwanda's Bank of Kigali eyes insurer Sonarwa

Blog

Banking Essentials Newsletter: May Edition

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Blog

Banking Essentials Newsletter: April Edition - Part 2

Blog

The Evolution of Cloud Banking: Successful Implementation & Frameworks


Report: Rwanda's Bank of Kigali eyes insurer Sonarwa

Bank of Kigali is in discussions to acquire property and casualty insurer Sonarwa SA, the bank's CFO, Nathalie Mpaka, told Reuters.

The Rwandan lender has been eyeing Sonarwa for a while, Mpaka said, adding that a proposal could be presented to the bank's board by August.

Sonarwa offers aviation, fire, automotive and marine insurance, among other coverage. In 2008, Nigeria-based Industrial and General Insurance Plc bought a 35% stake in Sonarwa.