{"id":38105,"date":"2018-08-31T06:30:00","date_gmt":"2018-08-31T06:30:00","guid":{"rendered":"https:\/\/new.igihe.com\/bank-of-kigali-registers-over-rwf13-4bn-profit-in\/"},"modified":"2018-08-31T07:23:08","modified_gmt":"2018-08-31T07:23:08","slug":"bank-of-kigali-registers-over-rwf13-4bn-profit-in","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/bank-of-kigali-registers-over-rwf13-4bn-profit-in\/","title":{"rendered":"Bank of Kigali registers over Rwf13.4bn profit in first six months of 2018"},"content":{"rendered":"<p>Presenting the bank\u2019s performance, Dr. Diane Karusisi, managing director and CEO of Bank of Kigali, said the increase was enabled by Customers&#8217; trust, solid growth on the entire group&#8217;s business lines as well as effective cost management.<\/p>\n<p>\u201cOur net loans grew by 6.8 per cent to Rwf481.2billion. In the same period, customer deposits increased by 3.8 per cent to Rwf472.3 billion compared to the same period, last year. The total assets stand at Rwf731.8 billion which represents a growth of 1.7 per cent year-on-year,\u201d Karusisi announced<\/p>\n<p>The bank\u2019s first quarter statistics indicate that the total assets stood at Rwf6.0 billion as of which represents a significant growth of 7.7 year on year. <\/p>\n<p>\u201cWe will remain focused on innovation and digitalization to further drive growth, efficiency gains and cost optimization in all the subsidiaries.\u201d Karusisi observed<\/p>\n<p>To maintain their top position on the market, Bank of Kigali Group PLC is presenting a secondary offer, which includes the cross-listing on the Nairobi Securities Exchange, and is scheduled to start this year. <\/p>\n<p>BK will be the first Rwandan company to cross-list in Nairobi and therefore offer Regional and global investors a new opportunity to participate in Rwanda&#8217;s growth story. <\/p>\n<figure class=\"spip-document spip-document-26954 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_mukuru_wa_bk_dr_diane_karusisi_yavuze_ko_bateganya_gukomeza_gushyira_imbaraga_mu_ikoranabuhanga-8b7d2.jpg\" alt=\" Dr. Diane Karusisi, managing director and CEO of Bank of Kigali, presenting the bank&#039;s performance\" \/><\/figure>\n<figure class=\"spip-document spip-document-26955 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_ushinzwe_imari_muri_bk_nathalie_mpaka_yavuze_ko_inyungu_ya_bk_group_yazamutse_bigizwemo_uruhare_n_imikorere_myiza_y_ibigo_byose_biyigize-7da51.jpg\" alt=\"BK&#039;s Chief Financial Officer, Nathalie Mpaka\" \/><\/figure>\n<figure class=\"spip-document spip-document-26956 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/bamwe_mu_bayobozi_n_abakozi_muri_bk_bari_bitabiriye_igikorwa_cyo_gushyira_hanze_uko_ubukungu_bwari_bwifashe_mu_mezi_atandatu_ashize-7f6e0.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-26957 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/iki_gikorwa_cyitabiriwe_n_abanyamakuru_batandukanye-79622.jpg\" alt=\"\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Bank of Kigali Group PLC has announced a net profit of Rwf13.4 billion in the first six months of this year. This is a 17.8 per cent growth from the same period last year.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[69],"byline":[170],"hashtag":[],"class_list":["post-38105","post","type-post","status-publish","format-standard","hentry","category-news","tag-homehighlights","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\/38105","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=38105"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/38105\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=38105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=38105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=38105"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=38105"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=38105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}