{"id":14504,"date":"2022-04-04T16:48:49","date_gmt":"2022-04-04T16:48:49","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/zigama-css-records-rwf17-7-billion-as-digital-transactions-hit-record-high"},"modified":"2022-04-04T16:48:49","modified_gmt":"2022-04-04T16:48:49","slug":"zigama-css-records-rwf17-7-billion-as-digital-transactions-hit-record-high","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/economy\/zigama-css-records-rwf17-7-billion-as-digital-transactions-hit-record-high","title":{"rendered":"Zigama CSS records Rwf17.7 billion as digital transactions hit record high"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Rwanda. <\/strong><\/span>Zigama Credit and Savings Society (Zigama CSS) has announced a net profit of Rwf17.7 billion up from 13.7 billion in 2020. The results were announced on Monday during the bank\u2019s General Assembly held at the Defence Headquarters, Kimihurura.<\/p>\n<p>\u201cIt 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\u201d the Bank\u2019s Chairman of the Board of Directors, Dr James Ndahiro, told the General Assembly<\/p>\n<p>He pointed out that the main agenda of the meeting was to present to members the 2021 audited financial statements. He further thanked members for their continued support and collaboration.<\/p>\n<p>Zigama CSS, officials said, 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 per cent and 4 per cent cashier transactions.<\/p>\n<p>The financial cooperative highlighted that digital services currently available Include mobile money, mobile application, ATM, USSD, SMS message to facilitate its members for different transactions.<\/p>\n<p>Zigama\u2014which predominantly caters for members of the Rwanda Defence Force, Rwanda Correctional Service, Rwanda National Police, and Rwanda Investigation Bureau (RIB)\u2014has more than 90,000 members.<\/p>\n<p>Consequently, the bank has a target of raising its asset value or capital to $1 billion in the next five years (2019-2023) from the current $280 million.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/rwanda\">Rwanda<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Rwanda. Zigama Credit and Savings Society (Zigama CSS) has announced a net profit of Rwf17.7 billion up from 13.7 billion in 2020. The results were announced on Monday during the bank\u2019s General Assembly held at the Defence Headquarters, Kimihurura. \u201cIt was a successful year as the Bank kept its growth and we are [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":14503,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,29,28],"tags":[760,763,758],"class_list":["post-14504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","tag-africa-press","tag-africa-press-rwanda","tag-rwanda"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Zigama CSS records Rwf17.7 billion as digital transactions hit record high - Rwanda<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/rwanda\/all-news\/zigama-css-records-rwf17-7-billion-as-digital-transactions-hit-record-high\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zigama CSS records Rwf17.7 billion as digital transactions hit record high\" \/>\n<meta property=\"og:description\" content=\"Africa-Press &#8211; Rwanda. Zigama Credit and Savings Society (Zigama CSS) has announced a net profit of Rwf17.7 billion up from 13.7 billion in 2020. The results were announced on Monday during the bank\u2019s General Assembly held at the Defence Headquarters, Kimihurura. \u201cIt was a successful year as the Bank kept its growth and we are [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/rwanda\/all-news\/zigama-css-records-rwf17-7-billion-as-digital-transactions-hit-record-high\" \/>\n<meta property=\"og:site_name\" content=\"Rwanda\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-04T16:48:49+00:00\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/zigama-css-records-rwf17-7-billion-as-digital-transactions-hit-record-high#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/zigama-css-records-rwf17-7-billion-as-digital-transactions-hit-record-high\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Zigama CSS records Rwf17.7 billion as digital transactions hit record high\",\"datePublished\":\"2022-04-04T16:48:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/zigama-css-records-rwf17-7-billion-as-digital-transactions-hit-record-high\"},\"wordCount\":241,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/zigama-css-records-rwf17-7-billion-as-digital-transactions-hit-record-high#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2022\/04\/img-624b25cf8e8ba.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Rwanda\",\"Rwanda\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/all-news\/zigama-css-records-rwf17-7-billion-as-digital-transactions-hit-record-high#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/zigama-css-records-rwf17-7-billion-as-digital-transactions-hit-record-high\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/zigama-css-records-rwf17-7-billion-as-digital-transactions-hit-record-high\",\"name\":\"Zigama CSS records Rwf17.7 billion as digital transactions hit record high - 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