GICUMBI - Bank of Kigali officials led by the Director General, James Gatera, called upon Gicumbi residents to use the existing opportunity to buy shares in the bank.

Gatera told the residents, who included traders, that they should expect profits once they become shareholders.

The BK boss told both traders and farmers that buying shares in the bank will help improve their standard of living as they will benefit from their dividends.

"BK is a sure deal for you as it is a promising institution aimed to develop people, so, you should own it; it’s for all Rwandans,” Gatera said.

Gatera further added that the bank denied many high profiled foreign institutions which had earlier wanted to buy the shares the government was selling but instead decided to give the opportunity to Rwandans.

"BK is a committed to uplifting the economic status of Rwandans and this is the time for you to invest in it,” he said.

The government is selling 45 percent of its shares in the bank; 60 percent of these shares will be bought by Rwandans and other people in the region, while the other 40 percent will be sold to foreign investors.

Robert Murekezi, a businessman, said that after he fully understood how one can benefit from buying shares, he is going to give it a try by buying at least 250 shares.

"It seems a promising venture,” he said.

Gicumbi BK branch manager, Allen Muhangayire, said most of Gicumbi residents have understood what being a BK shareholder means.Each share is sold at Rwf125 and the minimum purchase is 100 shares.

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