Rawbank
Encyclopedia
Rawbank is a commercial bank of the Democratic Republic of the Congo
Democratic Republic of the Congo
The Democratic Republic of the Congo is a state located in Central Africa. It is the second largest country in Africa by area and the eleventh largest in the world...

. The bank was created in 2001 and is based in Kinshasa
Kinshasa
Kinshasa is the capital and largest city of the Democratic Republic of the Congo. The city is located on the Congo River....

. As of 2007 the director of the bank is Mr Thierry Taeymans.

Operations

Rawbank offers retail banking and commercial banking services. It offers internet banking, prepaid bank card, debit card
Debit card
A debit card is a plastic card that provides the cardholder electronic access to his or her bank account/s at a financial institution...

 and MasterCard credit card
Credit card
A credit card is a small plastic card issued to users as a system of payment. It allows its holder to buy goods and services based on the holder's promise to pay for these goods and services...

 services. It is a member of the SWIFT
Swift
The swifts are a family, Apodidae, of highly aerial birds. They are superficially similar to swallows, but are actually not closely related to passerine species at all; swifts are in the separate order Apodiformes, which they share with hummingbirds...

 interbank network. As of 2007 it operates branches
Branch (banking)
A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution offers a wide array of face-to-face and automated services to its customers....

 in Kinshasa, Matadi
Matadi
Matadi is the chief sea port of the Democratic Republic of the Congo and the capital of the Bas-Congo province. It has a population of 245,862 . Matadi is situated on the left bank of the Congo River from the mouth and below the last navigable point before rapids make the river impassable for a...

 and Lubumbashi
Lubumbashi
Lubumbashi is the second largest city in the Democratic Republic of the Congo, second only to the nation's capital Kinshasa, and the hub of the southeastern part of the country. The copper-mining city serves as the capital of the relatively prosperous Katanga Province, lying near the Zambian border...

. Rawbank was started by five brothers. Mazhar Rawji is currently the President of Rawbank SARL. Rawbank SARL continues to expand throughout Congo, and plans to go international in the next decade. The company backing the bank is called Group one of Congos leading companies consisting of Mazhar Rawji's brothers, Murtaza Rawji, Mushtaque Rawji and Aslam Rawji.
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