Higher interest income helped lift BK Group’s earnings, although rising operating costs tempered profit growth.
By
Patrick Alushula
Business Reporter
Nation Media Group
Rwanda’s commercial bank BK Group reported a 3.7 percent profit growth in the first quarter ended March, helped by higher interest income.
Growth majorly driven by growth in interest-earning assets and a drop in interest expense.
National Bank of Kenya has reported a Sh1.03 billion profit after tax for the first quarter ending March 31, 2026, driven by net…
CBK) shows that the lenders’ pre-tax earnings in the review period stood at Sh111.8 billion, rising from Sh98.2 billion a year…
The lender has in recent months seen corporate developments that continue to shape its financial position and ownership structure.
A slower pass-through of CBK rate cuts to borrowers helped banks grow first-quarter earnings as deposit costs fell.
Shareholders of CRDB Bank are set to meet in Arusha this week to review the lender’s strong financial performance for 2025, with…
