April 30, 2016 7:32 AM ET

Banks

Company Overview of Bank of Kigali Limited

Company Overview

Bank of Kigali Limited provides retail and corporate banking services to individuals and legal entities in Rwanda. It operates through Retail Banking, Corporate Banking, and Central Treasury segments. The company provides current accounts, joint accounts, call and term deposit accounts, and fixed deposits, as well as BK special, cash extra, student’s, and juniors saving accounts; and consumer, mortgage, vehicle, and agriculture loans, as well as other credit facilities in local and foreign currencies, and overdrafts. It also provides funding and centralized risk management services; issues debt securities; invests in liquid assets, such as short-term placements, and corporate and government ...

Bank of Kigali Building

Avenue de la paix

PO Box 175

Kigali,  

Rwanda

Founded in 1966

Phone:

250 788 143000

Key Executives for Bank of Kigali Limited

Chief Executive Officer
Acting Chief Financial Officer
Chief Operating Officer
Chief Shared Services Officer
Head of Retail Banking
Compensation as of Fiscal Year 2015.

Bank of Kigali Limited Key Developments

Bank of Kigali Announces Executive Changes

Bank of Kigali has appointed Dr. Diane Karusisi as the new Chief Executive Officer replacing Dr. James Gatera who has served in this position since 2007. According to a statement signed by Marc Holtzman, the chairman board of governors of Bank of Kigali and Dr. Shivone Byamukama the company secretary, Gatera’s resignation takes effect from the time when the Central Bank approves a new chief executive. The statement adds that Gatera has accepted a new position that will be announced in the nearest future. Dr. Karusisi joins the bank after serving on several boards including financial Institutions and comes with extensive experience in managing private and public sector institutions. She has been working in the Office of the President where she headed the Strategy and Policy Unit and prior to that, she was Director General of the National Institute of Statistics of Rwanda (NISR).

Bank of Kigali Limited Presents at Future Bank East Africa, Sep-15-2015 09:00 AM

Bank of Kigali Limited Presents at Future Bank East Africa, Sep-15-2015 09:00 AM. Venue: Nairobi, Kenya. Speakers: James Gatera, Chief Executive Officer and Managing Director.

Bank of Kigali Limited Proposes Dividend

Bank of Kigali Limited’s board of directors proposed that the AGM approves a dividend pay-out of 60% of the Bank's audited IFRS-based Net Income in respect of 2014, i.e. RWF 11.0 billion. This translates into an annual dividend of approximately RWF 16.33 per share, or an approximately 5.55% dividend yield based on the current share price of RWF 294.

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