Bank of Kigali Limited announced earnings results for the first quarter ended March 31, 2016. Interest income was USD 23.5 million compared to USD 20.5 million a year ago. Net interest income was USD 18.1 million compared to USD 16 million a year ago. Total operating income was USD 25.4 million compared to USD 21.9 million a year ago. Profit before tax was USD 10.5 million compared to USD 9.8 million a year ago. Net income was USD 7.2 million compared to USD 7.7 million a year ago. Return on average assets was 3.7% compared to 4.3% a year ago. Return on average equity was 20.8% compared to 23.1% a year ago.

Net impairment on loans & advances were USD 2.9 million compared to USD 2.5 million a year ago.