November 2011

Disclaimer
This presentation contains statements that constitute forward-looking statements, including, but not limited to, statements relating to the implementation of strategic initiatives and other statements relating to our business development and financial performance. While these forward-looking statements represent our judgments and future expectations concerning the development of our business, a number of risks, uncertainties and other factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, (1) general market, macroeconomic, governmental policies, legislative and regulatory trends, (2) movements in local and international currency exchange rates, interest rates and securities markets, (3) competitive pressures, (4) technological developments, (5) changes in the financial position or credit worthiness of our customers, obligors and counterparties and developments in the markets in which they operate, (6) management changes and changes to our group structure and (7) other key factors that we have indicated could adversely affect our business and financial performance, which are contained elsewhere in this presentation and in our past and future filings and reports, including those filed with the National Bank of Rwanda and the Rwanda Stock Exchange. We are under no obligation (and expressly disclaim any such obligations to) update or alter our forward-looking statements whether as a result of new information, future events, or otherwise.

Presentation Team
LADO GURGENIDZE Chairman of the Board Email: lgurgenidze@bk.rw Mobile: +995 599 477 272 lado.gurgenidze.2008

J A M E S G AT E R A Managing Director Email: jgatera@bk.rw Te l : + 2 5 0 2 5 2 5 9 3 1 2 1

LAWSON NAIBO Chief Operating Officer Email: lnaibo@bk.rw Mobile: +250 78 830 2076

Table Of Contents
1. Country & Sector Overview 2. Corporate Governance 3. Bank Overview 4. Financial Overview 5. Strategic Outlook 6. Contact Information

C O U N T RY A N D S E C TO R O V E RV I E W

Rwanda Country Profile

National Facts Business Environment

Area Population (2010) Official Languages Capital Currency Credit Rating

26,338 sq km 10.7 million Kinyarwanda, French, English Kigali Rwandan Franc (RWF) B/Stable (Fitch Ratings)

Rwanda has been recognized by the World Bank as the second most active reformer globally 2005-2011 Since 2005, Rwanda has implemented over 22 business regulation reforms in the areas measured by the World Bank Doing Business Index Today, entrepreneurs can register a new business in 24 hours as well as online

Macro Economic Indicators

Nominal GDP (2010) Nominal GDP Per Capita (2010) Real GDP Growth Rate 2011E Inflation Rate (Oct 2011) Private Sector Credit Growth External Debt to GDP (2010) Currency Depreciation (Year to September) FDI as % of GDP (2011E)

US$5.6 billion US$562 6.5% 7.76% 20.9% 14.9% 0.9% 1.9% 6

Source: IMF, CIA World Factbook, Ministry of Finance and Economic Planning, National Institute of Statistics Rwanda, National Bank of Rwanda

Sound Macro Fundamentals

GDP per Capita continues to grow 12 10 8 338 6 4 2 0 2006 2007 2008 2009 2010 2011E 2012F
Age Class 40-59

Population Pyramid for Rwanda 2010 632 700 600 500 400
80+

489 399

533

562

593

9.2

9.4

9.6

9.8

10.0

10.2

10.4

300 200 100 0

60-79

Population (LHS)

Nominal GDP Per Capita (RHS)

Healthy GDP growth with moderating inflation

8 7 6 5 4 3.1 3 2 2006 2007 2008 2009 2010 2011E 2012E % female
Source: US Census Bureau

20.0% 15.4% 6.1 5.6 8.8% 9.1% 3.7 2.3% 3.1% 5.2 4.7 10.3% 5.5% 8.0% 4.0% 30 0.0% Percent % male 20 10 0 10 20 30 0-19 12.0% 6.6 20-39 16.0%

Nominal GDP (US$ Bn)

Source: Ministry of Finance and Economic Planning, IMF

Inflation (%)

Significant Banking Sector Potential

2010 Banking Assets/GDP 2010 Banking Assets Per Capita5
(US$)

Large Unbanked Population Economy is still cash based with bank accounts being used mostly

for cash deposits and withdrawals

Kenya 534

Kenya

66%

Approximately 20% of the population is banked 90% of banked adults have a product with UBPR or credit unions
Source: Finscope Rwanda 2008

Tanzania

50%

Tanzania

274

Prudential Regulations

CAR (Tier One) Total CAR

Uganda 165

10% 15% 20% 5% of total deposits

Uganda

33%

Liquidity Ratio Reserve Requirement

Rwanda 124

Rwanda

22%

Lending in foreign currency

(1) Source: Central Bank of Kenya and Economic Survey 2011 (2) Source: IMF and Tanzania Banking Survey 2011 (Serengeti Advisers) (3) Source: IMF and Bank of Uganda Joint Annual Supervision & Financial Stability Report December 2010 (4) Source: IMF and published financial statements (5) Source: population stats by IMF

Restricted to exporters

Banking Sector Overview

Rwanda Banking System Growth (Total Assets) 20.0% Rwf bn
CAGR 06-10 = 18.9%

Performance Indicators 15.3% 9.2% 9.0% 2.9% 3.3% 17.4%

15.0% 820.7 722.1 579.5 10.0% 5.0% 0.0% NPLs/Gross Loans Return on Average Assets Return on Average Equity

900 800 700 600 500 400 300 200 100 0

468.7 360.8

516.2

Asset Quality Banking Sector 2006 2007 2008 2009 2010 Sep-11

Profitability ratios BK

Source: BNR Supervision Department, August 2011 Monetary Policy, BK Reviewed September Results

Regulatory Reforms in Access to Credit Branch Coverage Enactment of Law on Mortgages, requiring the registration of mortgages and enabling lenders to foreclose on defaulters Establishment of Commercial Courts dealing solely with commercial disputes Reorganization of the Land Centre which has computerized records and operations in addition to timely issuance of property titles Reorganization of the Office of the Registrar General to enhance and fast track registration of mortgages and foreclosures Establishment of Credit Reference Bureau to enhance information sharing among banks and other financial institutions in order to assist with credit risk assessment
Source: National Bank of Rwanda, Bank of Kigali Data

45 40 35 30 25 20 15 10 5 0

41

18

16

15

11

10

* BPR has over 100 sub-branches

Bank of Kigali is the Market Leader

Rank Total Assets Loans Deposits Equity 1
BANK OF KIGALI

33.4%
BANK OF KIGALI

32.7%
BANK OF KIGALI

29.7%
BANK OF KIGALI

42.6%

2
UBPR

18.1%
UBPR

23.8%
UBPR

19.4%
UBPR

15.6%

10.7%
BCR ECOBANK

12.6%

11.7%
BCR BCR

9.7%

4
ECOBANK

10.6%
BCR

9.5%
ECOBANK

9.7%
ECOBANK

7.7%

5
COGEBANQUE

8.2%
FINA BANK

7.6%
COGEBANQUE

7.8%
KCB

7.3%

6
FINA BANK

6.7%
KCB

7.5%
FINA BANK

7.4%
COGEBANQUE

7.1%

7
KCB

6.5%

ACCESS BANK

3.9%
KCB

7.3%
FINA BANK

5.1%

8
ACCESS BANK

5.9%

COGEBANQUE

2.4%
ACCESS BANK

7.1%

4.9%
ACCESS BANK

Preliminary estimates have been used for ECOBANK in calculating the banking sector figures whose Q3 2011 performance figures are subject to confirmation. Any resulting changes are unlikely to be material.

10

Source: Reviewe IFRS financial statements from Rwandan banks for June 2011, National Bank of Rwanda

Bank of Kigali market share evolution

40.0% 35.0% 30.0% 26.4% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% Total Assets 2009 Net Loans 2010 9M 2011 Client Deposits 33.4% 31.5% 27.4% 26.8% 32.7% 29.7% 25.7% 25.9%

Preliminary estimates have been used for ECOBANK in calculating the banking sector figures whose Q3 2011 performance figures are subject to confirmation. Any resulting changes are unlikely to be material.

11

Source: Reviewe IFRS financial statements from Rwandan banks for June 2011, National Bank of Rwanda

C O R P O R AT E G O V E R N A N C E

Corporate Governance
The Board of Directors is composed of eight independent non-executive directors (including two non-resident directors with extensive expertise in international banking practices) The Board of Directors is approved by the Central Bank and meet on a quarterly basis or more frequently as the business demands The Board retains full responsibility for the direction and control of the Bank as spelled out in the Memorandum and Articles of Association, the Board Charter and the corporate governance guidelines The Board sub-committees have clear TORs which underscore the scope and context of their performance as approved by the Board & corporate governance regulation The Board receives detailed financial information and regular presentations from the management on the Banks business performance. This enables the Directors to make informed decisions on governance, strategic, financials and operational issues

Shareholding Structure
Shareholding Structure Retail Investors, 16.92% Government of Rwanda , 29.75%

ESOP, 1.08% International Institutional Investors, 18.00% Local Institutional Investors, 2.47% Regional Institutional Investors, 4.50%

Other State Owned Entities, 0.10%

Rwanda Social Security Board, 27.17%

Report date Current price, RwF Market Cap, US$ mln Free float Free float in US$ mln Average daily traded volume in US$ mln Common shares outstanding, mln shares 12-month high 12-month low P/E 2010 P/BV 2010 Ticker Code

24-Nov-11 130 144 45% 67 0.18 667.3 200 127 9.74 1.51 BOK

Rwf/USD Exchange Rate (e-o-p) of 601.716 as at 24 November 2011

*Capital gains on the RSE transactions are exempted from Capital Gains Tax

Share Price Performance September 2011

200 175

Price

150 125 100 1-Sep-11 3-Sep-11 5-Sep-11 7-Sep-11 9-Sep-11 IPO PRICE- Rwf 125 11-Sep-11 13-Sep-11 15-Sep-11 17-Sep-11 19-Sep-11 21-Sep-11 23-Sep-11 25-Sep-11 27-Sep-11 29-Sep-11 1-Oct-11 3-Oct-11 5-Oct-11 7-Oct-11 9-Oct-11 11-Oct-11 13-Oct-11 15-Oct-11 17-Oct-11 19-Oct-11 21-Oct-11 23-Oct-11 25-Oct-11 27-Oct-11 29-Oct-11 31-Oct-11 10-Nov-11 12-Nov-11 14-Nov-11 16-Nov-11 18-Nov-11 20-Nov-11 22-Nov-11 24-Nov-11 2-Nov-11 4-Nov-11 6-Nov-11 8-Nov-11

Closing Price

IPO Price

14

B A N K O V E RV I E W

Background and History

US$62.5 mln Initial Public Offering of 45% of its shares and listing on RSE

Established in 1967 as J.V with Belgolaise S.A

Current management team assembled

Supervisory Board enhanced & internationalised

A+ credit rating by GCR (Global Credit Rating)

1967

2006

2007

2009

2010

2011

Government of Rwanda acquired 50% stake from Belgolaise becoming 100% shareholder

New strategy focusing on the universal banking business model and profitable growth adopted

AFD loan signed: EIB loan signed: EUR 5 MM 7 years

US$ 20 MM 10 years

AfDB loan signed:

-US$12 MM -10 years
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A Snapshot of Bank of Kigali

Key Facts The leading bank in Rwanda (33.4% market share by total assets as of September 30, 2011), offering a wide spectrum of commercial banking services to corporate, SME and retail customers As of 30 September 2011 the Bank had:

US$ MM Total Assets Net Loans Client Deposits Shareholders' Equity Net Income
MARKET SHARE Total Assets Net Loans Client Deposits Shareholders' Equity

2007 225.1 89.4 187.2 23.5 7.8

29.0% 25.3% 30.6% 28.3%

2008 216.1 129.0 167.9 28.4 10.3

23.4% 24.4% 24.6% 22.3%

2009 265.9 135.0 191.7 32.5 9.3

26.3% 26.8% 25.8% 26.8%

2010 332.5 170.6 228.2 53.6 10.6

27.4% 31.5% 25.9% 32.2%

Sep 2011 456.7 209.0 288.5 96.0 10.0

33.4% 32.7% 29.7% 42.6%

CAGR 20072010

13.9% 24.0% 6.8% 31.6% 10.8%

Over 13,000 corporate accounts Over 126,000 retail accounts 41 branches 26 ATMs (46 by December 2011) 552 employees 15,246 debit cards in issue

Western Union Agent for International Transfers One of two Banks in Rwanda that offer International VISA cards. On average, the break-even period for new branches is less than 24 months

Branch Network Evolution

50 40 30 20 10 0

552 453 267 295 303

11 2007

14

18

33

41

600 500 400 300 200 100 0

2008 2009 Number of Branches

2010 Sep-11 Number of Employees

Growth in ATMs, POS Terminals and # of retail accounts 150 100 50 0

Source: National Bank of Rwanda, Bank of Kigali

97 40 6 52 30 6 60 41 26 26

126 173

27 6 0

2007 ATMs

2008 POS

2009 2010 Sep-11 (000) Retail Accounts Number ('000')

17

Overview of the Loan Book

Gross Loan Portfolio
(RWF Bn)

Portfolio Composition, 30th September 2011

Corporate: RWF 95.0 Bn Retail: RWF 36.1 Bn Micro loans, 3.6% Micro overdrafts , 5.6% Consume r loans, 34.6% Mortgage s, 42.6% Overdraft s, 13.6%

140 120 100 80 60 40 20 0

2007
Source: Bank of Kigali

131.2
CAGR 07-10 = 16.8%

105.5 20.7

36.1
SMEs, 26.0%

NBAs, 3.9%

80.9 78.8 56.6 10.8 45.9 13.6 65.2 14.0 66.9 95.0 84.8

Corporate , 70.0%

2008

2009

2010

Sep-11

Corporate Loans

Retail Loans

Notes: *NBAs (Non Business Associations) includes Non-Profit Organizations, Charities, Religious institutions, Educational Institutions, Co-operatives,etc

Corporate Loan Book, 30th September 2011

0-50 million, 50M- 9.8% 100Millio n, 8.2%

Transport & Communic ation, 7.0%

Others, 2.8%

Manufactur ing, 7.5%

Over 1 Billion, 36.0%

Top 10 Corporate Loans, 26.2%

Commerce, restaurants & hotels, 55.2%

Constructio n, 27.5%

100M-500 Million, 34.2%

500M-1 Billion, 11.8%

Other Corporate Loans, 73.8%

Source: Bank of Kigali

Corporate Loans: RWF 95.0 Bn

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Customer Deposit Base

Customer Deposits Growth
(RWF Bn)

Net Loans / Customer Deposits, %

200 180 160 140 120 100 80 60 40 20 0

CAGR 07-10 = 7.4%

173.0 135.7 50.0

123.0

101.9 23.9
78.0

93.8 24.2
69.6

109.4 27.8
81.6

36.4
99.3

90% 80% 70% 60% 50% 40% 30% 20% 10% 0%

76.8% 54.8% 47.8%

70.4%

72.7%

2007
Source: Bank of Kigali

2008 Corporate

2009

2010 Retail

Sep-11

2007

2008

2009

2010

Sep-11

Net Loans/Customer Deposits

Structure of Deposits, 30th September 2011

CB Term Deposits, 27% RB Term Deposits, 13%

Customer Deposits Concentration

30 September 2011
Larges Depositors, 16.3%

31 December 2010 Large depositors* 22.4%

CB Demand Deposits, 73%

RB Demand Deposits, 87%

Other, 83.7%

Other 77.6% Notes: * depositors with total balances above 5% of shareholders equity of BoK Source: Bank of Kigali

Corporate: RWF 122.9 Bn

Source: Bank of Kigali

Retail: RWF 46.9 Bn

19

Corporate Banking
Description Clients include corporate, SMEs and NBAs* Interest rates were in the 15.0%-17.25% range as of September 30, 2011 Key products: CAPEX loans: long-term loans for investment or expansion of the business Commercial mortgage loans: typical customer participation at 30% of property value, typical tenor of up to 10 years 100 90 80 70 60 50 40 2.5 14.1 29.2 3.5 15.1 46.6 5.7 15.2 46.0 61.8 66.6 45.9 65.2 66.9 2.3 20.6
(RWF Bn) Loans

Key Segments
(RWF Bn) Deposits

84.8

95.0 140 3.7 24.8 120 78 100 80 60 40 20 0 2007 2008 2009 11.4 8.8 20.5 46.1 8.0 52.9 10.8 11.5 12.1 58.7 76.5 69.6 81.6 11.3 99.3

123 11.7 14.3 97.0

Working capital loans: financing business needs to an 30 20 agreed limit for a short period (usually <1yr) Overdrafts Strategy Introduce new services, integrate client coverage Grow and consolidate market share Leverage superior lending capacity Focus on payroll services
*NBAs (Non Business Associations) includes Non-Profit Organizations, Charities, Religious institutions, Educational Institutions, Cooperatives,etc Source: Bank of Kigali

10 0 2007 2008 Corporate 2009 2010 Sep-11 NBAs SMEs

2010 Sep-11 Corporate

NBAs

SMEs

Number of Accounts 12,000 10,000 8,000 6,000 4,000 2,000 0 2007 2008 Loans Accounts 2009 2010 Deposits Accounts Sep-11 1,619 4,813 5,236 1,823 4,968 1,567 5,873 4,153 2,757 9,561

20

Retail Banking
Description The Banks retail business is primarily focused on mortgages and consumer loans with notable share of overdrafts Key products: Mortgage loan: up to 10 years with typical customer participation at 30% of property value Consumer loan: up to 6x monthly salary and 24 months Overdraft: up to 50% of monthly salary (normally repaid in 30 days) Other products include credit cards and asset leasing Strategy: Build a ubiquitous branch footprint throughout the country Build sufficient channel capacity to be able to service 500,000+ clients by 2015 Build out the retail product lineup to achieve relevance to the daily lives of the banked population Expand credit card/debit card offering to other providers (MasterCard, Amex etc) 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 40 35 30 25 20 15 10 5 0
13.3 14.0 15.1 20.7

Key Segments
(RWF Bn)
Loans

(RWF Bn)
36.1

Deposits

2.4 14.8

60 50 40
23.8 23.9 27.9 36.4

50.0

6.5 4.2

0.4 10.1 7.4 0.9 5.7 2.0 8.2 3.4 15.5

1.9 4.5 0.9 3.5

1.5 6.9 1.1 4.2

30 20 10

3.8

4.0 3.4

2007

2008

2009

2010
Overdrafts Other

Sep-11

20.1

20.8

23.9

32.2

43.5

2007 2008 2009 2010 Sep-11 Demand deposits Term deposits

Consumer loans Mortgages

Number of Accounts

70,002 55,615 44,894 29,081 18,419 8,199 20,579 9,145 11,524 15,131

2007
Source: Bank of Kigali

2008 Loans

2009 Deposits Accounts

2010

Sep-11

21

F I N A N C I A L O V E RV I E W

Profitability
Net Interest Margin, %
Kenya average: 10.8% Nigeria average: 6.8%

Cost / Income, %
Nigeria average: 67.3% SA average: 59.1% Kenya average: 57.1%

10% 9% 8% 7% 6% 5% 4% 3% 2% 1% 0%

9.5%

9.2%

8.7%

SA average: 6.8%

60% 50% 40% 30% 20% 10% 0% 2007 2008 39.5% 39.8%

8.4% 8.0%

44.1%

47.5%

47.3%

2007

2008

2009 RoAE, %

2010

Sep-11

2009

2010

Sep-11

Source: Bank of Kigali Audited IFRS Statements

Source: Bank of Kigali Audited IFRS Statements

RoAA, %
Kenya average: 25.9% SA average: 14.4% Nigeria average: 10.4% Kenya average: 3.4% Nigeria average: 1.5% SA average: 1.1%

45% 40% 35% 30% 25% 20% 15% 10% 5% 0%

37.5%

39.4% 30.7% 24.5% 17.4%

5% 4.1% 4% 3% 2% 1% 0%

4.7% 3.9% 3.5%

3.3%

2007

2008

2009

2010

Sep-11

2007

2008

2009

2010

Sep-11

Source: Bank of Kigali Audited IFRS Statements

Source: Bank of Kigali Audited IFRS Statements

23

Asset Quality
NPLs Coverage
(RWF Bn)

Cost of Risk*, % 3%

14 12 10 8 6 4 2 0

93%

76% 68% 64% 65%

100% 80% 60% 40% 20% 1% 0.4% 0% 2007 2008 2009 2% 1.1% 1.9%

2.5%

2.1%

11.0
2007

12.1
2008

6.7
2009

9.0
2010

11.9
Sep-11

0%

NPLs
Notes: * LLPs / (NPLs Collateral)

Coverage ratio

2010

Sep-11

Notes: * LLP charge / Average gross loans for period

Loan Book Quality (NPLs, %) 25% 20% 15% 10% 5% 0% 2007 2008 2009 2010 Sep-11
Source: Bank of Kigali Audited IFRS Statements

Collateral Structure
Unsecured, 3.6% Cash Deposits, 13.7%

19.4% 15.4%

Guarantees 1.7%

8.3%

8.5%

9.1%

Unregistered Collateral, 38.1%

Real Estate, 42.9%

Unsecured loans Source: Bank of Kigali Audited IFRS Statements

Collateralized loans

24

Funding
Funding Structure, % 120% 100% 80% 60% 40% 20% 0% 2007 Deposits 2008 Due to Banks 2009 2010 Sep-11 Other Shareholders Equity
83.8% 77.7% 72.1% 68.6% 63.3% 1.9% 10.5% 3.7% 13.2% 6.0% 12.2% 9.9% 3.1% RwF bn 5.8% 5.7% 16.1% 9.6% 8.8% 6.7% 21.1% 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 (10,000) (20,000) (30,000) Up to 1 months 1-3 months 3-6 months 6-12 months 1-5 years Over 5 years

Maturity Gap, 30 September 2011

65,742

19,901 10,791 38

(17,285)

(21,460)

Source: Bank of Kigali Audited IFRS Statements

Source: Bank of Kigali Audited IFRS Statements

CAR, % 30% 25% 19.9% 20% 15% 10% 5% 0% 2007 2008 2009 2010 Sep-11
Source: Bank of Kigali Audited IFRS Statements

Highlights 27.0% 20.1% Deposits are the primary source of funding with share of demand deposits exceeding 60% as at September 2011. The Bank has also signed two long-term credit lines with the European Investment Bank and the French Development Agency worth 5 million for 7 years and $20 million for 10 years respectively. In 2011, a third credit line was signed with the African Development Bank worth $12 million for 10 years.

14.0%

14.9%

25

S T R AT E G Y

Outlook Strategic Objectives

Objectives
Build a ubiquitous branch footprint throughout the country

Actions
Expand the branch network to 60+ branches by YE 2013

Outcome / Impact
Benefit from first-mover advantage outside the capital city, making it more difficult for the competitors to follow suit Reach out to the unbanked (but bankable) population

Build sufficient channel capacity

By YE 2013, increase the number of ATMs from 26 to 115+ By YE 2013, increase the number of POS terminals at qualified merchants from 100 to 1,000+ Build a modern and scalable mobile banking (SMS, USSD) and Internet banking platforms 200,000+ VISA cards outstanding by YE 2013 Up to 100,000 ZIPP prepaid cards distributed by YE 2013 Alternative client acquisition & service channels (retail chains, co-branded cards, utilities, etc) Flexible, offset, variable-rate, etc mortgages Full range of consumer loan products Revolving credit cards Payroll & pension-backed loans & overdrafts Microfinance Modern, multi-currency current accounts with debit cards Ubiquity of ATMs and POS terminals in urban centers and reasonable proximity elsewhere Payment & e-wallet solutions Full range of deposit products Integrated client coverage Leverage the superior lending capacity Cross-selling opportunities Documentary opps & trade finance, FX, other solutions Rep offices in EAC over time Private Banking, Securities, Insurance

Become the bank of choice and convenience for the middle class and youth entering the employment sector Create capacity to service 500,000+ clients

Expand retail product offering

Further diversification of revenue streams and funding base Expand the share of higher-margin lending Maximize the cross-sell opportunities Grow the share of retail in the loan book to up to 30%-40% in the medium term

Consolidate the leading position in corporate banking

Grow with clients Valuable source of retail clients through payroll programs Growth of loan book and F&C income Maximize the product-to-client ratio

Create a universal banking platform Increase the maturing profile of liabilities

Leverage the superior access to wholesale funding to complement the deposit funding base Continuous improvement of risk management policies & procedures Disciplined capital management, medium term target CAR of 15%-17% and ROE of 20%+, implying ROA in the 3.5% range

Reduce maturity gap Enable further expansion of long-term lending No profitability sacrifices for the sake of market share gains Sensible dividend policy as the growth curve flattens out over time

Maintain profitable growth

27

Outlook Key Investment Highlights

Politically stable country with sound governance Very attractive demographic profile: population of 10 million with 84% below the age of 40 Sound Macro Fundamentals Robust economic growth of 4.1%-11.2% between 2006-2010 and 8.8% expected for 2011 Moderate inflation: declined from 15.4% in 2008 to 2.3% in 2010 Very friendly business environment, recognized as the 2nd most reformer globally 2005-2011 in World Bank Doing Business Report Significant headroom for growth given low banking penetration Significant Banking Sector Potential Total assets/GDP of 22% Large unbanked population of approximately 90% Well regulated banking sector: fairly conservative regulator relative to regulators in the East Africa region Market leadership by Total assets (RWF 273,802 million as of 30 Sept 2011) 33.4% market share Market Leadership Net Loans (RWF 125,308million as of 30 Sept 2011) 32.7% market share Deposits (RWF 172,967 million as of 30 Sept 2011) 29.7% market share Shareholders equity (RWF 57,554 million as of 30 Sept 2011) 42.6% market share Relatively high capital adequacy ratios ranging from 14.0% - 27% between 2007 and September 2011 Conservative Business Model Manageable level of non-performing loans 9.1% of gross loans in September 2011, down from 19.4% in 2007 Loans to deposit ratio range of 54.8% - 72.7% between 2007 and September 2011. Management team with combined banking sector experience of 79 years Complemented by an experienced and diversified Board of Directors Track record of producing stellar results: ROAE ranging between 25% to 40% for the period 2006 - 2010

Experienced Management Team

Profitable Growth

Robust asset growth at a CAGR of 26.6% to RWF 273,802 million (2007-2011) ROAA ranging from 3.0% - 4.1% between 2006 and September 2011

28

Contact Information
For information please contact: Lado Gurgenidze Chairman of the Board Email: lgurgenidze@bk.rw Mobile: +995 599 477 272 James Gatera Managing Director Email: jgatera@bk.rw Mobile: +250 78 814 3000 Frances Ihogoza Head of Corporate Affairs/Company Secretary Email: fihogoza@bk.rw Mobile: +250 78 830 43 88

Lawson Naibo Chief Operating Officer Email: lnaibo@bk.rw Mobile: +250 78 830 2076

Website: www.bk.rw Telephone number: +250 252 593100 Address: Plot 6112, Avenue de la Paix, Kigali Rwanda
29