The developments in information technology are radically changing the platform of business transactions. The banks in Rwanda have not kept up with pace of adopting the new ICT technologies despite the governments effort in providing tax exemptions on ICT related products. This study was conducted so as to identify the underpinning elements that foster the adoption of ICT in Rwandan banks. The study put in use the following variables: staff training, cost of adoption, organisational culture, perceived risk of innovation, perceived ease of use, innovation compatibility, competitive advantage,...