Category: <span>News</span>

Zigama CSS Makes Rwf3bn Profit Past Target After Going Cashless
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Zigama CSS Makes Rwf3bn Profit Past Target After Going Cashless

Zigama Credit and Savings Society (Zigama CSS) has announced surpassed its predicted targets for the financial year 2017. The Rwandan Amy bank had earlier set its eyes on making a net profit of Rwf6.3billion after having recorded growth in clientele with over 10.000 customers coming on board in the last two years. The bank officials...

Rwanda’s Army Bank Makes Rwf8Bn Profit After Tax
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Rwanda’s Army Bank Makes Rwf8Bn Profit After Tax

Rwanda’s Amy bank,  Zigama CSS has announced it will fetch Rwf8 billion ($9.3million) profit after tax before end of this financial year. Zigama CSS could soon rise to the same league with Bank of Kigali Group – Rwanda’s largest bank by assets, which registered a pre-tax profit of Rwf30 billion last year. This new profit for...

Rwanda’s Army Bank Recorded $8.3m Net Profit In 2016
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Rwanda’s Army Bank Recorded $8.3m Net Profit In 2016

30 Mar 2017 Rwanda’s Amy bank, Zigama CSS has announced that it earned a total net profit worth Rwf6.8 billion ($8.3 million) in 2016 compared to Rwf5.2 billion ($6.3million) in 2015, representing an increase of 31%. The bank’s net profit represents 8% of the $100 million total net profit made by commercial banks in 2016....

Zigama-CSS records over Rwf6bn in profit, to start education scheme
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Zigama-CSS records over Rwf6bn in profit, to start education scheme

Yesterday, Zigama Credit and Savings Society (Zigama CSS) announced a net profit of over Rwf6.8 billion for the year 2016. During a General Assembly at Rwanda Defence Forces (RDF) headquarters in Kigali, Dr James Ndahiro, the chairman board of directors, Zigama CSS, told journalists that the cooperative bank’s profit is on course to rise in...

Zigama CSS To Repay Debts Of Deceased Clients
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Zigama CSS To Repay Debts Of Deceased Clients

The sorrow of losing a bread winner can be more agonizing when the family and children have to pay unsettled bank loans left behind by the deceased. Starting with next year 2017, family members of soldiers, police and correction service officers will not have to worry about this burden. The Zigama CSS bank general assembly...

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