Equity Group Managing Director and CEO, Dr. James Mwangi, alongside the boards and management of Equity Group subsidiaries, extended a warm welcome to the staff and customers of Equity Bank Rwanda and COGEBANQUE.
The event marked a significant milestone following the successful completion of the acquisition of COGEBANQUE by Equity Group Holdings Plc.
The event was graced by esteemed clergyman, Rev. Dr. Erisa Mutabazi, Subdean of St. Etienne Cathedral, Anglican Church of Rwanda.
Dr. Mwangi, addressing the audience, emphasized the transformative impact of the COGEBANQUE acquisition on Rwanda’s position as an Eastern and Central Africa trade hub.
He outlined how this strategic move is poised to propel Equity Group towards further growth in Sub-Saharan Africa.
Customers of both COGEBANQUE and Equity Bank Rwanda can anticipate tangible benefits from the merger, including a more substantial balance sheet, an expanded branch network, and enhanced digital banking services.
Dr. Mwangi’s vision extends beyond mere business expansion; he sees these developments as catalysts for positive change within the Rwandan banking landscape.
The enthusiastic atmosphere at the event conveyed a sense of confidence among the staff, who left with the assurance that the synergies arising from the merger are not only reshaping the banking sector in Rwanda but also unlocking unprecedented opportunities for professional growth and development.
As Equity Group solidifies its presence in the region, the successful integration of COGEBANQUE sets the stage for a new era in banking, where collaboration and innovation pave the way for shared success and prosperity.
Dr. Mwangi underscored the commitment of Equity Group to contribute significantly to the economic development and financial well-being of Rwanda and the broader Sub-Saharan African region.
The celebration was held at Serena Hotel.
