Banque Nationale du Rwanda (Central Bank of Rwanda)
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The National Bank of Rwanda is the central bank of Rwanda. The bank was established by the Law of 24th April 1964 and came into existence on 19th May 1964. The bank was initially started with an objective of issuing currency in the Rwandan territory.
Important objectives of the bank are as follows:
The National Bank of Rwanda is the central bank of Rwanda. The bank was established by the Law of 24th April 1964 and came into existence on 19th May 1964. The bank was initially started with an objective of issuing currency in the Rwandan territory.
Important objectives of the bank are as follows:
- Issuing currencies
- Managing Foreign Exchange Reserves
- Regulates the money market
- Maintaining relationship with the Government and public institutions
The Board of Directors in the bank holds administrative powers. The Governor heads Board of Directors. The board consists of the Governor, the Vice-Governors, and four Directors appointed by the Prime Minister’s decree.
The Address and Contact details of the bank is as follows:
Banque Nationale du Rwanda
Address: B.P. 531 Kigali RWANDA
Phone No.: ++250-7 52 49
Fax: ++250-7 25 51
