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BK Group Focuses on Core Banking | Rwanda News
BK Group is streamlining its empire, ditching insurance and tech to laser-focus on commercial and investment banking. BK General Insurance is fully sold for 31.7 billion Rwandan francs, while BK Techouse has merged into Bank of Kigali’s digital division. Management’s strategy? Diversify smarter — within banking and finance — not across unrelated sectors. The move is already paying off: net income jumped 8.6% to over 56 billion francs, assets hit 2.98 trillion francs, and operating income rose despite a slight loan book dip. Growth in deposits and digital transactions signals a new revenue…
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