I&M Group Cleared US$79 Million, Led by Rwanda and Uganda

KENYA · BANKING

Key Facts

—The headline: I&M Group reported profit after tax of Sh10.2 billion (about US$79 million) for the six months to 30 June 2026, up 22 percent. Total operating income rose 23 percent to Sh33.7 billion (about US$261 million).

—Where it came from: Pre-tax profit in Kenya was flat at Sh8.3 billion (about US$64 million). Rwanda rose 53 percent to Sh2.4 billion (about US$19 million) and Uganda more than tripled to Sh700 million (about US$5.4 million).

—Balance sheet: Net loans and advances grew 15 percent to Sh334 billion (about US$2.6 billion) and customer deposits 18 percent to Sh505 billion (about US$3.9 billion). Total assets rose 27 percent to Sh746 billion (about US$5.8 billion).