Kinshasa, September 30, 2022 – Rawbank, a major player in the banking sector in the Democratic Republic of Congo, is proud to be ranked among the top 200 African banking champions published by Jeune Afrique Magazine in its 300 Champions of Finance edition, released on September 26, 2022.
This notable increase of 22 places compared to 2021 is the result of the various programs launched by the bank regarding the digitalization of banking services, SME financing, support for the informal sector, and support for women’s entrepreneurship. In this year’s ranking, Rawbank consolidates its leadership position and reaffirms its ongoing commitment as the leading Congolese bank and the third-largest bank in Central Africa, with a 37% increase in Net Banking Income and a 45% change in balance sheet in 2021.
“We are delighted to have moved up 22 places among the 300 financial champions. This is the result of the work of all our teams, the trust placed in us by our partners, and the high standards we set for ourselves every day to meet the challenges of tomorrow. We will continue to progress and surpass ourselves every day,” said Mustafa Rawji, CEO of Rawbank.
Rawbank thanks the trust shown by its partners and clients, which enables Rawbank to honor its commitments and exceed their expectations, anticipating difficulties and innovating in challenging environments.
ABOUT RAWBANK
For 20 years, Rawbank has supported the development of the Congolese economy. It offers the most modern products and services to its 500,000+ corporate, SME, and individual clients through a network of 100 points of sale in 19 provinces across the country, including Greater Katanga, Greater Kasai, the two Kivus, Equateur, and Kongo Central. This extensive branch network also includes a representative office in Brussels and 240 ATMs. With over 1,800 employees, Rawbank holds over 30% of the market share.
Strength, profitability, and sustainability are Rawbank’s priorities to consolidate its growth strategy. Its work has been recognized with the 2022 African Bankers Award for Best Regional Bank in Central Africa, a Moody’s CAA 1 rating, and ISO/IEC 20000 and ISO/IEC 27001 certifications.
Partners who trust RAWBANK include: IFC, AfDB, TDB, BADEA, Shelter Africa, and AGF.
Press Contact:
Léonore Mascarell
