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I&M Group has registered a 15.9 percent rise in net profit for the six months to June, supported by interest income from loans, and investment in government securities.
Start-up fund manager I&M Capital has seen its assets under management rise to Sh700 million after bagging 45 high-net-worth clients.
I&M Group has registered a 43.6 percent rise in net profit for the three months to March.
NAIROBI, Kenya May 24-I&M Group PLC has reported a Sh2.7billion net profit for the first quarter of 2022, a 44 per cent growth compared to Sh1.9 Kenya breaking news | Kenya news today |
The Group’s net profit growth to Sh8.62 billion in the year, softened compared to other top-tier banks that have registered double-digit net profits.