NAIROBI (Reuters) - Rwanda has given Kenya Commercial Bank (KCB) the green light to cross-list its shares in the tiny African country's Over-The-Counter market, the bank said in a statement on Wednesday. The approval makes KCB the first company to have its stock dealt in Rwanda's nascent capital market, where only government bonds are traded currently. "The board ... has approved the cross-listing of 2.2 billion ordinary KCB shares of par value Kshs 1.00 each on the Rwanda Over the Counter Market," said Robert Mathu, executive director of Rwanda's Capital Markets Advisory Council. Some private firms and state-owned companies such as Fina Bank, Rwanda Commercial Bank and Rwanda Breweries also plan to list on the market. KCB's shares are also traded in bourses in Kenya, Uganda and Tanzania, where the bank has operations. It also carries out business in Sudan, plans to open branches in five Rwandan towns and enter Burundi. "Our objective is to make KCB a business that is owned, managed and supported by East Africans," CEO Martin Oduor-Otieno said in a statement. | 
