KIGALI (Reuters) – Rwanda’s Bank of Kigali said on Friday its 60 billion francs ($67.50 million) rights issue was 108 percent subscribed.
Thank you for reading this post, don't forget to subscribe!The lender, which is Rwanda’s biggest by assets, offered one new share for every three held, issuing a total of 222.22 million shares, which will be listed domestically and on the Nairobi bourse.
($1 = 888.8939 Rwandan francs)
Reporting by Clement Uwingiriyimana; Writing by Duncan Miriri; Editing by Mark Potter