I&M Bank posts 36% half-year profit growth to ksh8.3bn

I&M Bank has posted a 36 percent rise in its net earnings for the first half of the year, with the lender posting a profit after tax of 8.3 billion shillings. This, they say, has been boosted by strong growth in revenue, with its primary market, Kenya, posting a 21 percent revenue growth year on year, with significant contribution from other businesses such as bancassurance and wealth management.