Kigali, Rwanda Press, 18 July 2023 – Zigama Credit and Savings Society (ZIGAMA CSS) – Rwanda’s bank that brings together members of the security organs, has recorded a net profit of Rwf22.8 billion for the year 2022, up from 17.7 billion recorded the previous year.
The new figures were announced on Tuesday, during the bank’s 38th General Assembly presided over by Defence Minister, Juvénal Marizamunda.
Dr. James Ndahiro, the bank’s Chairman of the Board of Directors, noted that the assembly conveyed its appreciation for the fact that 97% of the cooperative members have adopted digital banking as opposed to waiting in queues at the cashiers.
“We are actively advocating for enhanced online services within our bank, enabling members to conveniently access a wide range of services using their mobile phones. Additionally, the meeting evaluated the significance of enhancing the well-being of junior members in the bank,” Ndahiro said during the assembly that took place at Rwanda Defence Force headquarters in the capital Kigali.
As a result, Dr. Ndahiro added, “A committee was formed, tasked with delivering a comprehensive report within one month, outlining actionable steps to enhance their quality of life.”
ZIGAMA CSS is a financial cooperative with membership drawn mainly from Security Organs namely Rwanda Defence Force, Rwanda National Police, Rwanda Correctional Services, National Intelligence and Security Service, Rwanda Investigation Bureau and Rwanda Forensics Laboratory.
