Taarifa Rwanda

BK Launches Fourth Subsidiary BK Capital Ltd

Bank of Kigali has officially started providing investment and advisory services through its newly launched subsidiary – BK Capital Ltd.

“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,” said Marc Holtzman the BK Group Plc Chairman.

BK Capital Ltd publicly launched on Thursday, becomes the fourth subsidiary under the group also composed of Bank of Kigali Plc, BK TecHouse and BK General Insurance.

“I’m so excited with the launch of BK Capital as it’s going to serve as a catalyst for large investors from all over the world to connect with Africa; led by Rwanda at the forefront of this continents’ ever-bright future,”
Holtzman said.

According to Holtzman, Rwanda’s economic landscape holds so much untapped potential, so the group is focused on a strategy to capitalize on it.

In 2013, BK Capital was first introduced to the market as BK Securities Limited a security brokerage licensed by the Capital Markets Authority.

Over the past years, its portfolio has expanded and now provides; Investment & Wealth Management, Corporate Finance & Advisory services, Brokering of capital markets instruments – bonds & equities, Pension Fund’s administration.

BK Capital ltd will be more stable on the market through a partnership with Mauritius’ Swan Group.

The non-insurance cluster of Swan has a total asset under management equivalent to $1.4Billion and presents extensive expertise in fund management business in Mauritius with global outreach.

“We are opening a new chapter in the history of both our organizations, I’m confident that together we have the ability to open new ventures within and beyond Africa,” said Louis Rivalland – SWAN Group CEO.

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