This page features an overview of the most recent developments within BK Group and its core jurisdictions of operation.
The content is provided solely for informational purposes; it should not be relied upon or used as a substitute for consultation with accounting, legal, tax, or other professional consultants.
An extraordinary general meeting of BK Group’s Executive Board ended by the announcement that the group has decided to intensify its presence in Scandinavia.
An official communiqué said that BK (Sweden) AB will be dismantled and that Co-Founder and Partner Ralph J. Kraayeveld will be delegated to Sweden, to co-ordinate the group’s activities in the region.
Added: September 1st, 2009
BK Group's Executive Board announced a recomposition of its management in
Hans R. de Beun, Executive Board Member responsible for the Mediterranean, would like to thank the discharged direcetors for their invaluable contributions to the group's mission in Cyprus.
Added: March 20th, 2009
BK Group has bought a 25 percent stake in Hong Kong based GANGDA Corporate Ltd.
Financial details of the transaction were not disclosed.
In a joint statement, the companies said the deal was the first step in collaborative in- and outbound trading projects in Greater China.
“We are extremely pleased to welcome BK Group as a shareholder and anticipate that this will help even further to cement our already excellent position within the international market place”, said Marco van der Putten, GANGDA Corporate's Executive Vice President and Chief Operations Officer.
Added: March 13th, 2009
Ladies & Gentlemen,
On behalf of our staff and ourselves, it is our great pleasure to inform you on yet another exceptionally succesful year for BK Group.
The year 2008 was characterized by a considerable intensification of critical market conditions. Conditions, already very difficult, deteriorated further, and liquidity in the financial system became scarcer than at any point in recent history.
In response, governments and central banks across the world intervened on an unprecedented scale to recapitalize major financial institutions and purchase troubled assets.
BK Group has welcomed, and will continue to support, efforts by governments and international bodies to develop coordinated responses to systemic issues.
Despite these extraordinary conditions, BK Group reported significantly better headline numbers than in 2007 - already a record year for the group.
BK Group continued to bolster its solid capital position and strong funding base. These are both vital in times of acute market stress.
After a period of exceptional market turbulance, the outlook for our business remains challenging. Our business model, which combines a world-leading trust company with stable business, has been proved to be robust.
As a strong institution in uncertain times, BK Group stands to gain from a flight to quality and efficiency on the parts of cost conscious but demanding clients. As a result, we see significant challenges, but also opportunities, for BK Group.
We have the potential to strengthen all our core businesses; we will continue to exercise strong discipline in our management of cost, capital, liquidity and risk.
BK Group has proved its ability to withstand extreme market stress, but we are conscious of the negative and regrettable impact which the crisis has had; our staff and our Executive Board feel a strong sense of duty to steer BK Group through this exceptionally difficult environment.
Despite exceptionally difficult market conditions in recent months, and a challenging near-term outlook, we remain absolutely focused on the interests of our clients; we are determined to confront the challenges we face, but also, to capture opportunities to build our platform and create lasting value for all involved.
We greatly appreciate your loyalty and support.
Sincerely yours,
Hans R. de Beun Ralph J. Kraayeveld Gejo Kamp
Added: January 1st, 2009
A high-profile meeting of BK Group’s Executive Board ended by the announcement that the group is currently intensifying its alliances in
BK Group's Executive Board is delighted that this reputable office is joining the group's international network of associated offices.
The communiqué further said that Co-Founder and Partner Ralph J. Kraayeveld will be delegated to
Added: June 21st, 2008
BK Group, one of the founding members of the Dutch Fiduciary Association (DFA), announces that the association has released a new internet site: www.dutchfiduciary.nl.
Added: May 30th, 2008
BK Group's Executive Board announced a major recomposition of its management in Cyprus. It is in the process of discharging Annie Yeap and Shane Charalambous as senior officials, who will be succeeded by Paraskevas Zacharoullis, Carolina Mannouris, and Niki Koulouroudia.
The adjustments were made for the purpose of strengthening the structure for the (near) future.
It is only after careful consideration and with deep respect for the discharged directors, that BK Group's Executive Board has made this decision.
Hans R. de Beun, Executive Board Member responsible for the Mediterranean, would like to take this opportunity to thank the discharged directors for their invaluable contributions to the group's mission in Cyprus.
Added: February 25th, 2008
Ladies & Gentlemen,
On behalf of our staff and ourselves, it is our great pleasure to inform you on an exceptionally successful year for BK Group. The year 2007 was a record for us; all the headline numbers turned out to be significantly better than 2006.
And we are very confident that we can sustain our growth momentum. We are very well-positioned to respond to the fundamental trends, which will shape our business over the next few years.
Let us give you two examples of these trends.
First and foremost: globalization. Emerging economies in our group's new focus areas, such as China, India, and Turkey, will continue to open-up to the free movement of trade and capital. As geographical boundaries disappear, these fast-growing markets assume increasing importance. This offers new and attractive prospects for financial services providers in general and for trust services providers in particular.
Second: globalization is already driving the Dutch trust market, which is experiencing powerful growth. Global entrepreneurial appetite continues to grow unabated. And these entrepreneurs demand international structures, and ultimately trust services, that are specifically tailored to their individual needs and requirements.
These trends are the foundations of our future growth. BK Group is well-positioned to take advantage of these trends, but we fully depend on our clients' satisfaction and our staff's dedication.
First: satisfied clients – they are at the centre of everything we do, across all of our business divisions and regions. They are the basis for our success. BK Group would not have such a strong position today if we were not successful in impressing our clients with first class performance and in justifying the trust they place in us.
Second – highly qualified and highly motivated people from all over the world. Their diversity, their different cultural backgrounds, and experience are trump cards for us. Even as our marketplace is entirely global, we must still take account of local cultures and the different wishes of clients in different jurisdictions. Our staff is ideally suited to do just that. Each and every day, they deploy their creativity, their dedication, and their know-how, to provide innovative services to our clients. They are the guarantee for BK Group's good results.
Let us take this opportunity to express our very special thanks to all our clients and all our staff for their unwavering trust and commitment in 2007.
We are resolved to continue along the path we have chosen!
Sincerely yours,
Hans R. de Beun Ralph J. Kraayeveld Gejo Kamp
Added: January 5th, 2008
BK Group's Executive Board proudly presents “Face to face with our company”, a corporate release and historic document on the city of Alkmaar, BK Group, and its valued staff.
Added: December 17th, 2007
BK Group announced today the opening of a new branch in Amsterdam: BK (Netherlands) BV.
Gejo Kamp, Executive Board Member responsible for the domestic market, said: “opening an Amsterdam mission represent a move into yet another dynamic international environment.
Amsterdam is a breeding ground for attorneys-at-law, civil law notaries and tax consultants, and BK (Netherlands) BV's new offices will place its operations directly under their doorsteps, enabling BK Group to strengthen its domestic platforms, and to develop and improve its global services”.
Added: September 4th, 2007
BK Group today further strengthened its long-term partnership and commitment to the Mediterranean with the establishment of BK (Cyprus) Limited.
The mission will enhance the group's presence in southern Europe and help strengthen its operational activities in the region.
Hans R. de Beun, Executive Board Member responsible for the Mediterranean, welcomed Annie Yeap and Shane Charalambous as BK (Cyprus) Limited's managing directors and expressed his gratitude for the support and assistance he has received over the past few months in preparing for the mission's opening.
Added: June 27th, 2007
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