An I&M Bank branch in Kigali. PHOTO | CYRIL NDEGEYA
Although it is taking longer than expected, stockbrokers are still upbeat about the forthcoming I&M initial public offering, also saying that the results of the recently concluded Crystal Telecom IPO will be a big determinant on how the I&M IPO will do.
Two months ago, the government announced its intention to sell its 19.8 per cent stake in I&M Bank.
