Bank of Kigali ordinary share capital. In 1967, the Bank commenced its operations with its first branch in Kigali. Belgolaise was a subsidiary of Fortis Bank (now defunct), operating in Sub-Saharan Africa but in 2005 began to withdraw from its operations in Africa in line with Fortis’ strategy. In 2007 the Government of Rwanda acquired the Belgolaise shareholding in Bank of Kigali, thereby increasing its direct and indirect shareholding in the Bank to 100% of the entire Issued Shares. In 2011, the Bank changed its name under the new law relating to companies from Bank of Kigali S.A to Bank of Kigali Limited.
Kigali sidelining Rwandans in the judiciary. In this period, Kigali was one of two provincial capitals, alongside Gisenyi. The difficulty of governing the complex Rwandan society, and a crippling famine, led the Belgians to re-establish the German-style indirect rule at the end of 1917. Musinga was restored to his throne at Nyanza, with Kigali remaining home to the colonial administration. This arrangement persisted until the mid-1920s, but from 1924 the Belgians began once more to sideline the monarchy, this time permanently. Belgium took over control of dispute resolution, appointment of officials and expansion of control. Kigali remained relatively small through the