NAIROBI, Kenya, Nov 20 — I&M Group posted a 27 per cent year-on-year increase in Profit After Tax (PAT) to Sh12.7 billion for the third quarter of 2025, up from Sh10 billion in the same period last year.
Profit Before Tax (PBT) grew 26 per cent to Sh17.8 billion, reflecting sustained earnings across the Group.
The growth was driven by higher operating income, disciplined risk management, and a rise in customer deposits.
I&M Bank Kenya saw operating income rise 21 percent, supported by both net interest income and non-funded income streams.
Loan loss provisions remained disciplined, while cost efficiency and strategic investments in technology and digital solutions contributed to overall profitability.
“Our performance demonstrates the strength of our strategy, the confidence of our stakeholders, and the trust our customers continue to place in us,” said Kihara Maina, Regional CEO and Interim CEO of I&M Bank Kenya.
“We remain committed to delivering sustainable growth while elevating customer experiences through digital-first solutions for individuals and businesses, such as Solo Biz and I&M FX Direct, designed to empower businesses across Kenya. We continue to offer free Bank-to-Mobile Money transfers as well as a one-stop mobile banking platform, the I&M On-the-Go App.”
81pc transactions digital
In Kenya, 78 per cent of customers were digitally active in Q3, with 81 per cent of transactions conducted outside branches.
Customer engagement was further strengthened through campaigns such as Shinda Milioni, Card Reward programs, MSME forums, and business trips.
Regionally, I&M Rwanda posted a 21 percent rise in PBT, supported by loan and deposit growth of 28 percent and 20 percent, respectively.
I&M Tanzania recorded a 35 percent increase in operating profit, driven by recoveries and higher net interest income.
I&M Uganda saw modest operating income growth, with total assets up 25 percent and the loan and deposit book growing 21 percent.
Bank One in Mauritius recorded a 4 percent increase in PBT in local currency, with assets and deposits up 27 percent and 32 percent, respectively, in Shilling terms.
