BK Group Plc shareholders on Friday, Could 22, permitted key resolutions together with larger dividends payout, because the monetary establishment marked 60 years because the institution of Financial institution of Kigali and outlined growth plans anchored on monetary inclusion, digital transformation, and long-term funding progress.
It was through the Group’s Annual Basic Assembly (AGM) in Kigali. It introduced collectively shareholders, board members, regulators, companions, and traders, and was adopted by an investor discussion board centered on Rwanda’s funding and capital markets panorama.
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Six many years of progress
Talking on the assembly, BK Group Plc Board Chairperson Jean Philippe Prosper stated the establishment has advanced from a single industrial financial institution based in 1966 into what he described as “Rwanda’s built-in monetary ecosystem.”
The financial institution began with one department and now operates 67 branches throughout the nation.
“Sixty years in the past, Financial institution of Kigali opened its doorways with a mandate to mobilise financial savings, prolong credit score, and assist Rwanda’s financial growth. Six many years later, that mandate has not modified, however the establishment has grown far past what its founders might have imagined,” he acknowledged.
“In the present day, BK Group is a multi-subsidiary monetary ecosystem encompassing industrial banking, funding banking, insurance coverage, monetary know-how, and neighborhood funding.”
BK Group at the moment includes Financial institution of Kigali, BK Capital, BK Basic Insurance coverage, BK Tech Home, and BK Basis.
ALSO READ: BK’s 60-year journey instructed by way of the voices of its shoppers
Robust 2025 efficiency
The Group posted sturdy progress throughout its companies through the 2025 monetary 12 months.
Web revenue rose by 20.9 per cent to Rwf110 billion, return on fairness strengthened to 22.9 per cent, whereas whole belongings elevated by 15.8 per cent to Rwf2.9 trillion.
“These aren’t merely good numbers. They’re the product of constant disciplined execution throughout each entity of the Group,” Prosper instructed shareholders.
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At Financial institution of Kigali, the mortgage e-book expanded by 16.1 per cent whereas sustaining a non-performing mortgage ratio of two.9 per cent, under the sector common.
The SME portfolio elevated from 13.6 per cent to 19.8 per cent of the mortgage e-book, whereas agricultural lending reached Rwf93.4 billion — 4 instances the sector common.
BK Capital greater than doubled its belongings beneath administration to Rwf154.7 billion, whereas BK Basic Insurance coverage posted gross written premiums of Rwf19 billion and internet revenue of Rwf4.7 billion.
BK Tech Home processed Rwf85.8 billion in fee collections throughout 6.6 million transactions, serving 5.7 million distinctive digital customers.
BK Basis channelled almost Rwf4 billion into varied interventions, together with agriculture assist, environmental programmes, and training, together with 620 scholarships.
Monetary inclusion and investor confidence
Prosper stated monetary inclusion stays central to BK Group’s enterprise technique and nationwide growth position.
“Monetary inclusion is the place BK Group’s industrial ambitions and nationwide duties converge most visibly,” he stated.
He highlighted programmes corresponding to Bigereho na BK, SME financing, agricultural lending, and residential fairness merchandise as initiatives serving to broaden entry to monetary companies amongst girls, youth, and rural entrepreneurs.
“Inclusion shouldn’t be charity. It’s technique,” Prosper stated. “Each farmer we onboard on our digital channels, each youth we upskill, each SME we finance is a buyer deepened, a relationship expanded, and an information asset developed. Prosperity past numbers shouldn’t be a slogan. It’s a enterprise mannequin.”
BK Group additionally pointed to sturdy investor confidence, with the corporate’s share value on the Rwanda Inventory Change rising from Rwf125 throughout its preliminary public providing in 2012 to Rwf600 by mid-Could 2026, which means its worth greater than quadrupled throughout that interval.
“Once I joined BK Group as chairman in June 2023, the share value was round Rwf300. It has since doubled, as you’ll have famous, with no single rights challenge or capital name on shareholders,” Prosper stated.
Greater dividend permitted
Shareholders permitted the Board’s advice of a last dividend of Rwf41.84 per share for the 2025 monetary 12 months, bringing the whole dividend payout to Rwf53.04 per share — an 80 per cent enhance in comparison with the earlier 12 months.
“This isn’t a one-off gesture. It’s a recalibration of how BK Group thinks about returning capital to those that personal it,” Prosper stated.
“You’ve been affected person companions on this establishment’s progress. It’s proper that we share in its returns, not symbolically however materially.”
Shareholders specific confidence
Shareholders welcomed the Group’s progress trajectory and rising returns.
Marie Rose Muhorakeye, a Gasabo District resident, stated she initially purchased 1,000 BK shares through the financial institution’s 2012 public providing at Rwf125 per share and has since elevated her holdings to 4,200 shares.
“The key change I’ve seen is the regular enhance within the share worth, which has now reached Rwf600. The dividends have additionally continued to develop through the years,” she stated.
Muhorakeye stated the constant dividend funds and confidence within the establishment’s administration motivated her to proceed investing in BK shares, together with reinvesting her 2025 dividends.
One other shareholder, Jean Damascene Bizimana from Gicumbi District, stated he plans to extend his funding from 200 shares to at the very least 1,000 shares because the Group continues to broaden.
“My goal is to extend my shares as a result of the worth of the financial institution retains rising, which additionally means rising income,” he stated.
Growth plans for 2026
Wanting forward, BK Group introduced plans to launch Rwanda’s first structured institutional personal fairness fund by way of a three way partnership with Superior Finance and Funding Group.
The fund is predicted to assist medium-sized enterprises thought-about too massive for microfinance establishments however not but prepared for public capital markets.
BK Basis additionally plans to broaden its youth empowerment programmes by way of the Bloom Africa initiative in partnership with World Imaginative and prescient, concentrating on 8,000 younger folks and increasing scholarship programmes into sports activities and artistic industries.
Prosper stated BK Group stays centered on constructing an establishment able to enduring for many years to return.
“In the present day, this establishment is a gaggle, and that group shouldn’t be completed. We now have the capital, the capabilities, the digital infrastructure, and most significantly, the belief of Rwandans to construct one thing that endures for an additional 60 years,” he stated.
“What we owe this nation and also you as shareholders is the braveness and self-discipline to pursue that ambition with out compromise.”
