Analysis of Financial Statements for Prediction of Business Sustainability in Rwanda: A Case of Banque Populaire Du Rwanda LtdJean Bosco Harelimana*
Institut d’Enseignement Superieur de Ruhengeri Musanze, Musanze, Rwanda
- *Corresponding Author:
- JHarelimana JB
Institut d’Enseignement Superieur
de Ruhengeri Musanze, Musanze, Rwanda
Tel: +250 788 357 6
E-mail: [email protected]
Received date: January 09, 2017; Accepted date: February 13, 2017; Published date: February 20, 2017
Citation: Harelimana JB (2017) Analysis of Financial Statements for Prediction of Business Sustainability in Rwanda: A Case of Banque Populaire Du Rwanda Ltd. Bus Eco J 8:288. doi: 10.4172/2151-6219.1000288
Copyright: © 2017 Harelimana JB. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Banks are the company which serves the society on the financial services. Banque populaire du Rwanda (BPR) is the one in providing such activity in Rwanda. Different means are provided to consider BPR activities. The main aim to this study is to analyze the financial indicators and business sustainability determinant of predicting future outlook of BPR Ltd during the period 2011 to 2015. BPR improves its services if it is aware of the sustainability index and the financial indicators as well as the relationship between financial indicators and factors of BPR business sustainability. After the employment of techniques in collecting both primary and secondary data on the sample of 83 out of 1606 total population, the financial indicators and business sustainability were analyzed using Bank Analysis Fact sheet (BAFs) and Statistical Package for Social Sciences (SPSS). The results indicate there are indications that the positive relationship is only true for low and moderate sustainability performers. The recommendation such as BPR recapitalization, cost cut-off for unnecessary expenditure and more were suggested as strategies for business sustainability.