BK Group Plc
NNSEKE:BKG57.00
KES
-2.75
(-4.60%)
ISIN
KE5000008986
Return %
Stock
S&P 500
1Y
40.74
14.20
3Y
60.56
81.12
5Y
103.57
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Uzziel Ndagijimana
- Full Time Employees
- 1,696
- Sector
- Finance
- Industry
- Major banks
- Address
- Kigali Rwanda
- IPO Date
- Aug 29, 2011
- Website
- bk.rw
- Similar Companies
- Business
- BK Group Plc is a Rwanda-based financial services holding company that operates primarily through its subsidiaries to provide commercial banking, insurance, wealth management, and digital technology solutions to individuals, small and medium-sized enterprises, large corporations, and institutional clients. Founded in 1966 and headquartered in Kigali, Rwanda, the company is listed on the Rwanda Stock Exchange and cross-listed on the Nairobi Securities Exchange under the ticker symbol BKG. The group operates across four core business subsidiaries: Bank of Kigali Plc, which conducts commercial and retail banking operations; BK General Insurance Limited, which provides non-life insurance underwriting; BK Capital Limited, which delivers investment banking, asset management, and securities brokerage services; and BK TecHouse Limited, which develops digital enterprise platforms, financial technology solutions, and agritech systems. The company offers an extensive range of financial and digital products and services across its operational segments. In its banking operations, the company provides retail deposit products, including current accounts, savings accounts, and fixed-term deposits; consumer lending solutions, comprising personal unsecured loans, residential mortgages, vehicle asset finance, and salary advances; corporate and commercial lending facilities, including working capital loans, term financing, overdrafts, syndicated credit, and project finance; trade finance instruments, including letters of credit, documentary collections, bid bonds, and customs guarantees; treasury and foreign exchange services, encompassing spot and forward currency trading, money market investments, and liquidity management solutions; and payment infrastructure, comprising Visa and Mastercard debit and credit cards, point-of-sale terminals, internet banking platforms, the BK Mobile application, and the BK Yacu agent banking network. Through its insurance business, the group underwrites general non-life insurance policies, including motor private and commercial insurance, fire and perils coverage, marine cargo insurance, engineering risk policies, public liability insurance, medical coverage, and agricultural and livestock insurance products. Through its wealth and asset management arm, the group provides collective investment schemes, including the BK Aguka Unit Trust Fund; portfolio management and custodial services; equity and fixed-income brokerage on regional exchanges; and corporate finance advisory for debt and equity capital raising. Through its technology arm, the group develops digital ecosystems, including the Smart Nkunganire System for agricultural input distribution and supply chain management, the Urubuto software platform for academic administration and payment processing, and tailored enterprise IT infrastructure solutions. The group serves retail consumers, micro, small, and medium-sized enterprises, agricultural cooperatives, multinational corporations, and public sector institutions across Rwanda and the wider East African Community. Its distribution network integrates physical branches and digital channels with an extensive nationwide agent network. In recent developments, BK Group Plc has expanded its capital resources and accelerated its digital transformation initiatives. The group concluded significant long-term credit and risk-sharing facilities with international development finance institutions, including the European Investment Bank and Proparco, designated to boost lending to small and medium enterprises with targeted allocations for climate-smart projects and women-led businesses. The company has rolled out digital onboarding capabilities and expanded its paperless retail banking services to streamline account origination and loan processing. Furthermore, the group scaled BK Capital's asset management operations, recording substantial asset growth in the BK Aguka Unit Trust Fund among domestic and diaspora investors, while expanding BK TecHouse's digital footprint across public agricultural distribution channels and educational institution payment networks.