The FiRe Award, presented by the Capital Markets Authority Kenya, Institute of Certified Public Accountants of Kenya, Nairobi Securities Exchange, Public Sector Accounting Standards Board â€" Kenya, and the Retirement Benefits Authority, celebrates organisations that demonstrate outstanding integrity, clarity, and responsibility in reporting.
Now in its 18th edition, the platform is widely regarded as the region's benchmark for best practice in financial reporting.
Speaking after the announcement, Bank of Kigali's Chief Finance Officer Anita Umuhire said the recognition affirms the bank's commitment to openness and professionalism.
'Winning the FiRe Award reflects the professionalism that define everything we do at Bank of Kigali,' said Umuhire. 'It's a recognition that our commitment to transparency not only strengthens trust with our customers but also sets a benchmark for the Rwandan financial sector and beyond.'
Chief Executive Officer Dr. Diane Karusisi described the win as a reflection of the dedication of staff, partners, and regulators.
'We dedicate this award to our dedicated teams, regulators, partners, and every customer whose confidence inspires us to raise the bar every year. This recognition motivates us to continue leading with excellence in all we do," stated Dr. Karusisi.
The recognition comes on the back of a solid half-year performance. The bank reported a Profit After Tax of Rwf 52.2 billion for the first half of 2025, a 12.9 percent increase from the previous year. Growth was supported by a loan book expansion of more than Rwf 231 billion, improved asset quality, and an increase in customers.
Total assets rose to Rwf 2.6 trillion, while loans reached Rwf 1,75 trillion, underscoring the bank's central role in financing Rwanda's economic activity. SMEs accessed Rwf 238 billion in credit, retail lending climbed to Rwf 313 billion, and agribusiness financing increased sharply to Rwf 95 billion, one of the fastest-growing segments.
Corporate and institutional lending rose to Rwf 1.1 trillion, supporting investment across infrastructure, transport, tourism, health, and education. A newly introduced Institutional Banking segment has also begun enhancing service delivery to NGOs and faith-based organisations.
Established in 1966, Bank of Kigali is Rwanda's largest commercial bank and serves more than one million customers nationwide. Its performance has earned repeated international accolades, including multiple honours from Euromoney Awards for Excellence and Global Finance Magazine.
Wycliffe Nyamasege
