LOLC Holdings PLC has concluded a high-level strategic engagement with the National Bank of Rwanda (BNR), underscoring its commitment to supporting Rwanda's financial sector through greater financial inclusion and sustainable economic development.

The meeting was led by LOLC Holdings PLC Group Chairman Ishara Nanayakkara and brought together senior representatives from both organizations. The LOLC delegation included LOLC Unguka Finance PLC CEO Justin Kagishiro and Regional Director for Africa Rohana Kumara, while the National Bank of Rwanda was represented by Executive Director for Financial Stability Bernard Nsengiyumva, along with senior officials from the microfinance supervision department and the Governor's office.

Discussions focused on LOLC Unguka Finance PLC's strategic growth plans in Rwanda and the importance of close collaboration between financial institutions and regulators. The two sides highlighted the need to strengthen MSME development, promote entrepreneurship, expand green finance initiatives, and foster a resilient and innovative financial ecosystem that supports Rwanda's long-term economic and social development.

"The engagement reaffirmed a shared commitment to building a resilient, innovative, and inclusive financial ecosystem," the company said in a statement, adding that both parties are committed to creating lasting value for local businesses and communities.

The engagement marks an important milestone for LOLC Unguka Finance as it expands its presence in Rwanda while maintaining high standards of responsible finance. By aligning its strategy with the National Bank of Rwanda's financial stability objectives, the company aims to deepen its contribution to the country's economic growth through sustainable and inclusive financial services.