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Kigali Financial Centre in Talks With Turkish Aktif Bank

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Kigali Financial Centre team said on Tuesday they are currently in Istanbul, Turkey for discussions with Aktif Bank on its future activities and how they can increase their presence across Africa through KIFC.

Aktif Bank based in Instanbul became the first licensed international bank to open a representative office in Rwanda thus putting away the distance between Africa and Turkey by carrying out various services as part of their foreign trade operations.

According to details, Aktif bank enjoys a network of 350 banks. Its presence in Kigali aims at amplifying its operations with the continent.

Muzaffer Suat Utku, Aktif Bank’s Executive Vice President in charge of International Banking, said that the bank set up in Rwanda due to geographical location that makes it easy to access other african countries.

He also commends Rwanda’s stable political and economic environment; ”We feel pleased and excited not only for being the first foreign bank that has opened an office in Rwanda but also for having opened our first international office in such a beautiful city”.

“We, as Aktif Bank, are providing the Turkish exporters with foreign trade solutions and facilitating their lives thanks to the correspondent relationship we have established with more than 350 African banks. We are aiming for taking such operations of ours much further by the new Representative Office we have established in Rwanda, a country in the East Africa.”