Central bank's move to reassure Crane Bank clients commended

Bankers and financial sector experts have lauded the swift action by National Bank of Rwanda (BNR) to reassure the public, particularly Crane Bank customers, after it emerged that Uganda’s central bank had taken over its parent company, Crane Bank Uganda. The experts say the fast reaction by BNR was instrumental in confidence building, calming the situation that would have easily gotten out of hand, thanks to social media. When Business Times visited the two branches of the bank in Kigali, operations were going on normally and customers were transacting their business smoothly.
Crane Bank Rwanda offices in Kigali. The Central bank has assured the public that the bank will not be affected by the woes of its parent company in Uganda.
Crane Bank Rwanda offices in Kigali. The Central bank has assured the public that the bank will not be affected by the woes of its parent company in Uganda.
Times Reporter