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Bank of Kigali starts 50-year celebrations

Donates 500 solar panels to poor households

Bank of Kigali (BK) officially launched yearlong activities while marking 50 years anniversary since incorporation in 1963.

Among the activities, BK donated 500 solar panels that will benefit at least 2,500 members of needy households that currently do not have electricity as a way of supporting government efforts to promote rural electrification in the country.

The solar panels were handed over at the Ministry of Local Government to the to the Minister of State for Social Economic Development, Vincent Munyeshyaka, who received them on behalf of the Government.

“With this intervention and many others in the past, your success in the last 50 years will be felt in the lives of the people that will benefit from these solar panels. We thank you for your support and wish you a successful year of celebrations that you have started today,” he said.

Among the yearlong activities will be launching of new subsidiaries such as BK General insurance, BK TecHouse, a national savings campaign, and a grand anniversary gala that will be held in March this year

BK is the Rwanda’s country’s second oldest financial institution after former Banque Commerciale du Rwanda (BCR), with a market share of 34 percent.

While addressing media in an event held at Marriot Hotel, Bank of Kigali Chief Executive Officer Diane Karusisi thanked stakeholders that have been part of the BK’s growth story in the last 50 years, and the bank’s customers.

“We have been in business for half a century but our strongest growth has been recorded in the last two decades after our country’s liberation, which ushered in political stability, security and enabling policies for which we owe our success,” Karusisi said

She said the next 50 years will be about staying focused on the bank’s vision of being the leading provider of the most innovative financial services to businesses and individual customers.

Bank of Kigali’s anniversary activities will also see a number of charity interventions in areas of environmental conservation, education, health, and poverty alleviation, in line with its Corporate Social Responsibility (CSR) strategy.

According to the bank’s publicist, Kenneth Agutamba, he said the day started by cake cutting ceremony at every BK branch network where customers were also served the cake that was led by the board chair Marc Holtzman before heading to Marriot Hotel.

The cake was served as a symbol of sweet service to their customers, most of whom were parents who had come to pay school fees for the new academic year.

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