Welcome to COGEBANQUE,
Dear Shareholders, Twenty years ago, a group of committed and hard-nosed Rwandans joined hands to set up a bank from scratch. This was a very bold move at the time but looking back they have every reason to be proud of their achievement. The journey has not been easy but nonetheless worthwhile. Today Cogebanque is a well-known brand and an important player in the financial sector space with a balance sheet size of Frw 227 billion (from just over Frw 1bn at the end of 1999). What a difference 20 years can make! I congratulate you from the bottom of my heart.
I am extremely delighted to present to you the annual report of Cogebanque at such a historical moment. The bank is in a strong financial position judging by its recent performance. With this and its previous achievements, we have every reason to strive even harder and bolder and fight for our rightful place in the ever-changing financial sector landscape. We will be guided by our strategy to drive shareholder value and pursue other meaningful objectives as good corporate citizens.