{"id":38959,"date":"2019-03-15T12:30:00","date_gmt":"2019-03-15T12:30:00","guid":{"rendered":"https:\/\/new.igihe.com\/bk-group-plc-launches-new-subsidiary-bk-capital\/"},"modified":"2019-03-15T20:56:27","modified_gmt":"2019-03-15T20:56:27","slug":"bk-group-plc-launches-new-subsidiary-bk-capital","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/bk-group-plc-launches-new-subsidiary-bk-capital\/","title":{"rendered":"BK Group Plc launches new subsidiary, BK Capital Ltd"},"content":{"rendered":"<p>BK Capital Ltd was first introduced to the market in 2013 as BK Securities Limited; a security brokerage licensed by the Capital Markets Authority. Over time, its portfolio has expanded to offer the following services: Investment &#038; Wealth Management, Corporate Finance &#038; Advisory services, Brokering of capital markets instruments \u2013 bonds &#038; equities, Pension Fund\u2019s administration.<\/p>\n<p>Commenting on the launch, BK Group Plc Chairman, Marc Holtzman said that the development was borne out of the institution\u2019s need to tap into Rwanda\u2019s economic landscape and vision of a more robust budget. <\/p>\n<p>\u201cRwanda\u2019s economic landscape holds so much untapped potential, so we\u2019ve aligned our strategy to capitalize on it. Our priority is expanding our financial services portfolio to make our brand into a One-Stop Center under which those services are available to customers.  The country envisions to have a more robust budget, and we are proudly taking a lead.\u201d Holtzman said<\/p>\n<p>After this addition, BK Group now counts 4 main subsidiaries which are namely the Bank of Kigali Plc which provides corporate and retail banking services; BK TecHouse\u2019s whose task is to drive digital innovation through providing connectivity solutions and software and analytics products; BK General Insurance which offers insurance packages including motor, fire, transport &#038; money insurance and more; and BK Capital Ltd.<\/p>\n<p>BK Capital Ltd has entered into a partnership with Swan Group, the leading financial solution provider in Mauritius. The non-insurance cluster of Swan, licensed by the Financial Services Commission of Mauritius, offers corporate advisory services, asset management services and stock-broking services, has a total asset under management equivalent to 1.4Billion USD and presents extensive expertise in the fund management business in Mauritius with global outreach.<\/p>\n<p>The Bank of Kigali was among the very first banks opened in Rwanda. It was incorporated in 1966 and started operations a year later. The institution was also the first Rwandan bank to list on the Rwanda stock exchange, in June 2011, also becoming the first Rwandan company to cross-list on the Nairobi Securities Exchange last year.<\/p>\n<p>The Group has posted consistent positive growth since it issued its IPO in 2011, largely attributed to a strong management team with extensive banking sector experience, complemented by an experienced and diversified Board of Directors.<\/p>\n<figure class=\"spip-document spip-document-28448 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/abayobozi_mu_nzego_zitandukanye_bishimiye_inyongera_bk_capital_izanye_ku_isoko_rya_serivisi_z_imari_mu_rwanda-59d3c.jpg\" alt=\"BK Group Plc yesterday officially launched a fourth subsidiary company; BK Capital Ltd\" \/><\/figure>\n<figure class=\"spip-document spip-document-28447 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/abitabiriye_basusurukijwe_n_intore_zabyinnye_mu_buryo_bwa_gakondo-633b2.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-28446 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/byari_akanyamuneza_ubwo_bk_capital_ltd_yatangizwaga_ku_mugaragaro-e8e51.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-28445 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/ibi_birori_byabereye_muri_kigali_marriott_hotel-8f726.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-28449 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/minisitiri_w_imari_n_igenamigambi_dr_ndagijimana_uzziel_yashimangiye_ko_itangizwa_rya_bk_capital_rijyanye_na_gahunda_y_icyerekezo_cy_igihugu_cya_2017-2024-4376d.jpg\" alt=\"Rwanda&#039;s Minister of Finance and Economic Planning, Dr. Uzziel Ndagijimana  observed that BK Capital Ltd was aligned to the country Vision 2017-2024\" \/><\/figure>\n<figure class=\"spip-document spip-document-28454 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_w_isoko_ry_imari_n_imigabane_ry_u_rwanda_rwabukumba_pierre_celestin_yavuze_ko_bk_capital_ari_inyongera_nziza-4b0c9.jpg\" alt=\"Pierre C\u00e9lestin Rwabukumba, CEO of Rwanda&#039;s Stock Exchange, noted the importance and benefits of the new subsidiary, BK Capital Ltd \" \/><\/figure>\n<figure class=\"spip-document spip-document-28453 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_wa_bk_capital_umutoni_carine_yavuze_ko_banki_ya_kigali_yaguye_ibikorwa_mu_kurushaho_kwegereza_abakiliya_serivisi_z_imari_n_ubujyanama_buboneye-c88e6.jpg\" alt=\"BK Capital Ltd&#039;s Managing Director, Carine Umutoni commented how the institution offers advisory and investment services\" \/><\/figure>\n<figure class=\"spip-document spip-document-28452 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_wa_swan_group_louis_rivalland_yavuze_ko_ikigo_ayoboye_cyishimira_gukorera_mu_gihugu_gifite_isoko_riyobowe_neza-1220d.jpg\" alt=\"Mr. Louis Rivalland - Chief Executive Officer at Swan Group, said he was excited for the promising partnership with BK Capital Ltd\" \/><\/figure>\n<figure class=\"spip-document spip-document-28451 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/umuyobozi_w_inama_y_ubutegetsi_ya_bk_group_plc_marc_holtzman_yashimye_ko_serivisi_zihabwa_abanyarwanda_zikomeje_kwaguka-00d90.jpg\" alt=\"BK Group Plc Chairman, Marc Holtzman said that the development was borne out of the institution\u2019s need to tap into Rwanda\u2019s economic landscape\" \/><\/figure>\n<figure class=\"spip-document spip-document-28455 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/ry6b0625-2-1d619.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-28456 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/ry6b0596-2-1529b.jpg\" alt=\"\" \/><\/figure>\n<figure class=\"spip-document spip-document-28457 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/ry6b0599-bded5.jpg\" alt=\"\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>BK Group Plc yesterday officially launched a fourth subsidiary company; BK Capital Ltd, an innovative facility that offers advisory and investment services.<\/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-38959","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\/38959","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=38959"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/38959\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=38959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=38959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=38959"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=38959"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=38959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}