Rawbank, a leading bank in the Democratic Republic of Congo, celebrates its twentieth anniversary. This celebration marks two decades of development that have enabled the bank to become a key player in the national economy.
From the first branch opened on May 2, 2002, to a bank established throughout the country serving more than 500,000 clients, twenty years have passed. Over these two decades, Rawbank has developed tailor-made solutions to support all its customers.
Rawbank’s growth, both steady and controlled, has been driven by innovations that have successfully convinced individual, business, and institutional clients. Time and again, the bank has stood out for its ability to introduce offers to the Congolese market that were previously inaccessible. Whether it’s SWIFT services from its opening in 2002, Facturis for Small and Medium Enterprises in 2011, or illicocash, which is constantly being improved with new features, all these solutions have made daily life easier for millions of Congolese citizens.
On several occasions, the bank’s initiatives have earned it high-level distinctions, such as those from Global Finance magazine or The Banker (Financial Times). This recognition is a real driver for Rawbank, which has redoubled its efforts to contribute to the structuring of the Congolese financial market. While expanding its territorial network, Rawbank has partnered with high-level international institutions such as the Trade and Development Bank, Proparco, or the World Bank. Faced with the challenges of banking inclusion, this strategy has proven to be a winning one.
For Mustafa Rawji, CEO of Rawbank, “These recent years have been particularly decisive for structuring our offerings and expanding our territorial network. We can be proud: the results are solid and driven by strong financial performance. Today, we are highly focused on digitizing our services. I am convinced that this is our next growth lever. Finally, I would like to extend a heartfelt thank you to our clients—thank you for trusting us for the past 20 years. Thanks to you, we are realizing our vision and ambitions for the Democratic Republic of Congo more and more every day.”
Over the past twenty years, the history of the bank and the country have been closely linked. Driven by a shared desire to contribute to the country’s economic development, the teams have worked tirelessly to provide the best financial services in the country.
“I am proud of what Rawbank has become. Over the years, a deep mutual trust has developed between the Congolese people and the bank. We are as determined as we were on day one and will continue working to ensure as many people as possible have access to quality financial services.” concludes Mazhar Rawji, Chairman of the Board of Directors.
About RAWBANK
With over 1,850 employees, 100 branches, a representative office in Brussels, 240 ATMs, more than 500,000 clients, and over 28% market share, RAWBANK supports the development of the Congolese economy. Serving individuals, SMEs, corporations, and institutions, Rawbank is rated by Moody’s, ISO/IEC 20000 and ISO/IEC 27001 certified, and has established financing partnerships with several international donors (IFC, BADEA, Shelter Africa, TDB, AfDB, Afreximbank, and AGF). Security, profitability, and sustainability are Rawbank’s operational priorities to consolidate its growth strategy, especially towards individuals and the private sector. Our extensive branch network is one of the most developed in the Congolese banking sector, present in 19 provinces across the country, including Greater Katanga, Greater Kasai, the two Kivus, Équateur, and Kongo Central. RAWBANK’s goal is to provide its Corporate, SME, and Individual clients with access to the most modern banking and financial techniques, services, and products, which is why our slogan is: “RAWBANK is my bank.”
To learn more: Rawbank – www.rawbank.com
Press contact:
RAWBANK – Performance and Network Department [email protected] |