Kigali, Rwanda, 30th May 2022: I&M Bank (Rwanda) PLC has announced its financial results for the period ended 31st March 2022.

Commenting on the financial results, Mr. Robin Bairstow, the CEO of I&M Bank (Rwanda) PLC said: 

"We have delivered a strong first quarter, built on the solid momentum of 2021 and ongoing execution of our iMara 2.0 strategy. A review of the results shows positive performances across key financial metrics.”

Financial performance review

Q1-2022 Income statement highlights (vs Q1-2021)

The strength of the bank’s performance was reflected in all profitability metrics, with return on equity (ROE) and return on asset (ROA) increasing to 12.14% and 1.61% respectively.