RAWBANK

RAWBANK is a pioneering financial institution serving a range of clients and is the first in the Democratic Republic of Congo with a program for women.

About RAWBANK

With a market share of 19 percent, RAWBANK is a pioneer and leading financial institution in the DRC. Founded in 2002, RAWBANK provides quality personalized and targeted banking services to retail, corporate and institutional segments. Serving almost 200,000 customers, the bank has an asset base of US$700 million. With a network of 36 branches, RAWBANK aims to significantly increase its footprint throughout the country and expand its network to more than 80 branches by 2016.

The Program

As the only program in the DRC to offer a comprehensive value proposition to women, Lady’s First aims to optimize the quality of services available to businesswomen and create an environment conducive to business success. Launched in 2010, Lady’s First offers improved access to financial services, business and financial training, access to market information, access to networks and partnerships, and advisory services and legal aid. In 2014, RAWBANK also launched an internal diversity initiative, Raw Ladies, to promote women within the bank.

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WOMEN AT RAWBANK

RAWBANK’s female customers make up 21 percent of its customer base.

Female savings accounts make up 30 percent of the bank’s total savings accounts.

Women make up 35 percent of RAWBANK’s total staff.

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The Opportunity - Democratic Republic of Congo

  • 71%

    of women age 15 or older participated in the work force as of 2013, according to the ILO.
  • 39%

    of firms had women participating in ownership in 2010, the World Bank found.
  • 58%

    of women in the DRC borrowed money in 2014, according to Findex.
  • 2%

    of women borrowed from a financial institution in 2014, Findex found.