BK GROUP PLC
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BK GROUP PLC
BK Group Plc formerly (Bank of Kigali Limited) is Rwanda’s largest commercial bank by assets and licensed by the country’s banking regulator, National Bank of Rwanda. It offers a full spectrum of products and services for retail banking, corporate banking and central treasury. Bank of Kigali SA commenced operations in 1967; initially as a joint venture between the government of Rwanda and Belgolaise, with each owning 50% of the ordinary share capital. In 2007, the government of Rwanda acquired the Belgolaise shareholding which increased its direct and indirect shareholding in the Bank of Kigali to 100% of the entire Issued Shares. The Bank changed its name to Bank of Kigali Limited in 2011 under a new law relating to companies. Bank of Kigali Limited now has 79 branches located in the main towns and cities of Rwanda with its head office in the capital city, Kigali. BK Group Plc has a primary listing on the Rwanda Stock Exchange and a secondary listing on the Nairobi Securities Exchange.
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Financial Reports for BK GROUP PLC
Access detailed financial reports for BK Group PLC, including annual reports, interim reports, and key financial statements. Stay informed about the company’s performance, financial strength, and strategic direction with the latest financial updates
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BK Group Plc, the parent company of Bank of Kigali Plc, announced Thursday, March 28, it registered a 25 per cent annual increase in net profit, reaching Rwf74.8 billion in 2023.
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BK Group’s net profit grew 25% in 2023
NSE listed BK Group investors get Sh1 billion dividend payout The Sh1 billion payment comes just months after BK Group paid out another Sh3.5 billion for the full year ended December 31 2022.
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02
NSE listed BK Group investors get Sh1 billion dividend payout
Total assets grew by 16.1 percent year-on-year to Sh228.5 billion. •Net loans increased 4.4 percent to Sh138.5 billion while Client balances and deposits went up 21.5 percent to Sh140.7 billion.
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Interest, transactions income drive BK Group to Sh4.4bn H1 profit
Nairobi Securities Exchange – NSE
BANKING INDUSTRY | |||
COMPANY NAME | ISIN CODE | TICKER | MARKET CAP |
KE0000000067 | ABSA |
| |
KE5000008986 | BKG |
| |
KE0000000158 | DTK |
| |
KE0000000554 | EQTY |
| |
KE0000000240 | HFCK |
| |
KE0000000125 | IMH |
| |
KE0000000315 | KCB |
| |
KE0000000398 | NBK |
| |
KE0000000406 | NCBA |
| |
KE0000000091 | SBIC |
| |
KE0000000448 | SCBK |
| |
KE1000001568 | COOP |
Company News
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- KCB, NBK in Life Insurance Distribution Deal with Sanlam March 15, 2024KCB and National Bank of Kenya have signed a distribution deal with Sanlam Life Insurance to deepen the uptake of life insurance products in the country.(Feed generated with FetchRSS)
- NBK launches ‘National Business Forum’ to empower SMEs March 15, 2024This initiative seeks to support local entrepreneurs to grow their businesses in a sustainable way.(Feed generated with FetchRSS)
- National Bank of Kenya Posts KShs.117M in Q1 2023 Net Profit March 15, 2024National Bank of Kenya (NBK) has posted KShs. 117 million in Profit after Tax for the first quarter of 2023 ending March. The Bank recorded a strong growth in non-funded income which registered a 60% growth to KShs. 884 million compared to KShs. 551 million over the same period in 2022.(Feed generated with FetchRSS)
- NBK System Upgrade Update March 15, 2024(Feed generated with FetchRSS)