{"id":25235,"date":"2016-05-10T08:17:41","date_gmt":"2016-05-10T08:17:41","guid":{"rendered":"https:\/\/new.igihe.com\/bk-earns-rwf-5-3-billion-in-the-first-quarter-of\/"},"modified":"2016-05-14T06:26:36","modified_gmt":"2016-05-14T06:26:36","slug":"bk-earns-rwf-5-3-billion-in-the-first-quarter-of","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/bk-earns-rwf-5-3-billion-in-the-first-quarter-of\/","title":{"rendered":"BK earns Rwf 5.3 billion in the first quarter of 2016"},"content":{"rendered":"<p>{Bank of Kigali has announced it earned Rwf 5.3 billion in the first quarter of 2016 which saw the bank\u2019s profit   grow by 18.6%. } <\/p>\n<p>The good performance is attributed to the increase of loans which were increased by 10.3 % and reached Rwf 346.1 billion compared to similar season of last year.<\/p>\n<p>The BK Chief Executive Officer,  Dr Diane Karusisi said that such profit have resulted from expansion and good service delivery to clients. She said that BK will keep building a good reputation in the country which will be followed by expanding its activities beyond Rwanda\u2019s borders. <\/p>\n<p>\u201cWe still have many things to do in Rwanda. The number of people having bank accounts is still small at only 26%. This poses the need for much more hard work,\u201d she said.<\/p>\n<p>\u201cWe want to open an insurance company to grow the access from the current 2% of BK clients still need insurance services so that we can expand activities abroad after making sure that Rwandans have adequate services,\u201d she added.<\/p>\n<p>The director of operations at BK, Lawson Naibo said that BK is undergoing reforms and has made progress over the past five years becoming an institution responding to needs of clients wherever and whenever.<\/p>\n<p>\u201cWe expect to offer Master Cards cards having same function as Visa cards. We usually offer Visa but some foreign countries are unaware of such cards,\u201d he said.<\/p>\n<p>BK has 340,155 small scale clients and 31,192 high scale clients as of March 31st 2016. It has 75 branches and plans to open five  new branches by the end of 2016.<\/p>\n<figure class=\"spip-document spip-document-12229 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/dsc_3013-2.jpg\" alt=\"The BK Chief Executive Officer,  Dr Diane Karusisi \" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>{Bank of Kigali has announced it earned Rwf 5.3 billion in the first quarter of 2016 which saw the bank\u2019s profit grow by 18.6%. } The good performance is attributed to the increase of loans which were increased by 10.3 % and reached Rwf 346.1 billion compared to similar season of last year. The BK [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[160],"hashtag":[],"class_list":["post-25235","post","type-post","status-publish","format-standard","hentry","category-news","tag-homenews","byline-theophile-niyitegeka"],"bylines":[{"id":160,"name":"Th\u00e9ophile Niyitegeka","slug":"theophile-niyitegeka","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":3}],"contributors":[{"id":160,"name":"Th\u00e9ophile Niyitegeka","slug":"theophile-niyitegeka","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":3}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/25235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=25235"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/25235\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=25235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=25235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=25235"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=25235"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=25235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}