BK Group Plc (Kigali) (Rwanda)

The Bank was incorporated in the Republic of Rwanda on 22 December 1966. Initially, the Bank was founded as a joint venture between the Government of Rwanda and Belgolaise, with each owning 50 of the ordinary share capital. In 1967, the Bank commenced its operations with its first branch in Kigali.
Belgolaise was a subsidiary of Fortis Bank operating in Sub-Saharan Africa and in 2005 began to withdraw from its operations in Africa in line with Fortis' strategy.
In 2007 the Government of Rwanda acquired the Belgolaise shareholding in Bank of Kigali, thereby increasing its direct and indirect shareholding in the Bank to 100 of the entire Issued Shares. In 2011, the Bank changed its name under the new law relating to companies from Bank of Kigali S.A to Bank of Kigali Limited.
The Bank was listed on Rwanda stock exchange in 2011. The Bank is engaged in providing corporate and retail banking services to corporate, small and medium size enterprises and retail customers in various parts of Rwanda.
On 6 December 2017, the shareholders approved the change of company name from Bank of Kigali Limited to BK Group PLC.
The Bank was listed on Nairobi stock exchange on November 30, 2018.