Bank of Kigali (BK) has received ‘Best Bank in Rwanda’ Award in the World's Best Banks Awards 2022 ceremony organised by Global Finance, an international magazine with 35 years of experience in financial reporting.

The ceremony was hosted on October 15 in Washington DC, during the IMF/World Bank Meetings.

It attracted senior banking executives and central bank governors from all over the world and presented an opportunity for the award winners to collect their awards physically, given that the awards were announced earlier this year in March.

BK was represented by Marc Holtzman, Chairman of the Board of Directors who proudly accepted the award on behalf of the bank.

Speaking after the ceremony, Holtzman reflected on BK’s position as a leading bank that aspires to financially transform lives.

"It’s an honor for us to be recognised for our amazing team and the pride they take in serving our customers. At Bank of Kigali we are continuously developing strategies to innovate and digitise our products to allow our clients to transact seamlessly. Our customers are at the heart of our mission. It is gratifying and rewarding to receive this recognition," he said.

BK has won the Global Finance ‘’Best Bank in Rwanda’’ for two consecutive years. The Global Finance accolades have become a trusted standard of excellence for the global financial community.

The winners of this year’s awards are the banks that attended carefully to their customers’ needs in difficult markets and accomplished strong results while laying the foundations for future success.

Selection of the nominees are made by the editors of Global Finance after extensive consultations with corporate financial executives, bankers and banking consultants as well as analysts across the world.

During the financial contest, banks were invited to submit entries supporting their selection. Global Finance considered factors that ranged from the quantitative objective to the informed subjective.

Headquartered in New York, with offices around the world, Global Finance, founded in 1987, has a circulation of 50,000 and readers in 189 countries.

Its audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions.