{"id":37584,"date":"2018-05-29T21:31:03","date_gmt":"2018-05-29T21:31:03","guid":{"rendered":"https:\/\/new.igihe.com\/bk-nets-rwf6-billion-in-2018-first-quarter\/"},"modified":"2018-05-31T17:43:49","modified_gmt":"2018-05-31T17:43:49","slug":"bk-nets-rwf6-billion-in-2018-first-quarter","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/bk-nets-rwf6-billion-in-2018-first-quarter\/","title":{"rendered":"BK nets Rwf6 billion in 2018  first quarter"},"content":{"rendered":"<p>The financial results that were revealed on Tuesday indicate that institutions forming BK Group Plc which are Bank of Kigali, BK TecHouse and BK General Insurance earned Rwf9.7 billion profit before tax which marks a growth of 22.9% compared to the previous year.<\/p>\n<p>BK Plc Executive officer, Dr Diane Karusisi said that Rwf6 billion of profit is interesting and matches their targets which had been promised to shareholders.<\/p>\n<p>\u201cBeside the Rwf6 billion of profit in the first quarter, we are expanding activities, loans were increased by 12%, meaning we are issuing increased loans compared to last year. The money goes to develop clients\u2019 businesses and job creation among others, we are proud of that,\u201d she said.<\/p>\n<p>As at March 31st 2018, the bank served over 254,500 retail customers and over 24,000 corporate clients.<\/p>\n<p>\u201cWe remain focused on sustainability and innovation to maintain our leadership position in the market. We recently launched  our \u2018SingombwaKashi\u2019, an initiative to help the country achieve its goal of being a cashless economy by 2024,\u201d she explained.<\/p>\n<p>BK Chief Operations, D\u00e9sir\u00e9 Rumanyika said that through embracing technology, the bank will be able to raise loans.<\/p>\n<p>Bank of Kigali Group Plc Board of Directors recently revealed that they intend to cross list the company on the Nairobi Securities Exchange.<\/p>\n<figure class=\"spip-document spip-document-25532 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_mukuru_wa_bk_group_dr_diane_karusisi-3-140db.jpg\" alt=\"BK Plc Executive officer, Dr Diane Karusisi \" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>BK Group Plc has announced its reviewed financial results, reporting Net Income of Rwf6 billion ($7 million) which marks a growth of 7.7% in the first quarter of 2018.<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[72],"byline":[170],"hashtag":[],"class_list":["post-37584","post","type-post","status-publish","format-standard","hentry","category-news","tag-featured-news-home","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","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":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","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":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/37584","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\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=37584"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/37584\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=37584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=37584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=37584"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=37584"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=37584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}