BK Group Plc has posted a Q1 2025 net profit of RWF 25.2 billion (KSh 2.7 billion), marking a 5.4% rise year-on-year.

• Net interest income rose 11.2% to RWF 50.2 billion (KSh 5.4bn), underlining the strength of the core banking business.
• Non-interest income dropped 33.0% to RWF 13.3 billion (KSh 1.4bn), dragging the total operating income slightly, by 2.3%, to RWF 63.5 billion (KSh 6.8bn).
• Despite the revenue dip, the Group delivered its most efficient quarter in 8 years.

The cost-to-income ratio improved to 33.9%, down from 36.9% in 2024. NPLs remained low at 3.6%, while ROAE stood at 22.3%, slightly below the prior year’s 25.3%.

Q1 2025 vs Q1 2024 Comparison

Subsidiary Highlights

BK Group’s non-banking arms also posted solid growth:

• BK Insurance grew gross written premiums by 12.7% to RWF 3.5B, maintaining a strong 83% combined ratio.
• BK TecHouse saw revenues rise 45% year-on-year, thanks to higher adoption of digital identity and payment platforms.
• BK Capital more than doubled its AUM to RWF 92.3B, driven by strong investor inflows.

Long-Term Growth Snapshot (Q1 2018 – Q1 2025)

Since 2018, BK Group has:

• Quadrupled its Q1 net profit
• More than tripled its asset base
• Maintained double-digit growth in deposits and loans

This sustained momentum confirms BK’s evolution from a national leader into a regional financial powerhouse.