Equity Group Holding has announced the acquisition of 99.26 percent of Cogebanque from the Government of Rwanda and other minority shareholders effective December, 31, 2023.
In a statement, the Group also confirmed that all requisite regulatory approvals relating to the proposed merger have been received.
“EBR and Cogebanque are pleased to announce that all requisite regulatory approvals relating to the proposed merger have been received. Receipt of the requisite regulatory approvals marks a major step forward in our journey to combine our strengths and create a more robust, efficient, and customer-centric combined entity,” read te statement.
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