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Investors flock to I&M Bank Rwanda IPO
March 21, 2017 / 4:39 AM / 9 months ago

Investors flock to I&M Bank Rwanda IPO

KIGALI, March 21 (Reuters) - Rwanda’s initial public offering of a 19.81 percent stake in I&M Bank IPO-IMB.RW attracted solid demand by investors, with the subscription rate at 209 percent, the finance ministry said on Monday. (Reporting by Clement Uwiringiyimana; Writing by Duncan Miriri; Editing by Kim Coghill)

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