ZIGAMA CSS records Net Profit of Rwf 17.7 billion

Kigali, 4 April 2022

Zigama Credit and Savings Society (ZIGAMA CSS) has announced a net profit of Rwf17.7 billion for the year 2021. It is an increase from Rwf13.7 billion recorded as net profit in 2020.

This was communicated during a General Assembly held today at the Defence Headquarters, Kimihurura.

The 36th General Assembly was attended by the Minister of Defence, Major Gen Albert Murasira, Minister of Justice Dr Emmanuel Ugirashebuja, Minister of interior, Alfred Gasana, Chief of Defence Staff, General JB Kazura and IGP Dan Munyuza, RDF  service chiefs and other heads of security organs as well as a selected list of members from security organs.

Zigama CSS Chairman of the Board of Directors, Dr James Ndahiro said that the main agenda of the meeting was to present to members the 2021Audited Financial Statements. “It was a successful year as the Bank kept its growth and we are optimistic that it will grow even more in the years to come” he said. 

He further thanked members for their continued support and collaboration.

ZIGAMA CSS continues to expand the use of IT services to facilitate its members for different transactions. For instance, in 2021 the digital services transactions were 96% and 4% cashier transactions.

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 and Rwanda Investigation Bureau.

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