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Originally published by The Kenyan Wall Street
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business
August 29, 2025
1d ago

BK Group H1 Profits Flat at KSh 4.7Bn, up 8.6% in Rwandan Franc terms

BK Group H1 Profits Flat at KSh 4.7Bn, up 8.6% in Rwandan Franc terms

BK Group Plc H1 2025 net profit flat at KSh 4.7Bn but up 8.6% in Rwanda francs. Loans grew 15.7% and deposits 5.9% in RWF, with ROE at 22.5%...

✨ Key Highlights

BK Group Plc reported a mixed H1 2025 financial performance, with strong growth in Rwandan Franc terms but a flat or reduced pace when translated into Kenyan Shillings due to currency weakening.

  • Net profit rose by 8.6% in RWF to RWF 51.9 Bn, but remained flat at KSh 4.7 Bn.

  • Dr. Uzziel Ndagijimana, Group CEO, highlighted strong momentum across all subsidiaries, driven by Rwanda's economy expanding at 7.8% in Q1.

  • Total assets increased by 4.9% in RWF but only 1.7% in KSh, with net loans growing 15.7% in RWF and 12.2% in KSh, underscoring the significant impact of currency translation.

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