{"id":48158,"date":"2023-05-25T09:48:30","date_gmt":"2023-05-25T09:48:30","guid":{"rendered":"https:\/\/new.igihe.com\/i-m-bank-rwanda-posts-12-profit-increase-in-first-quarter-of-2023\/"},"modified":"2023-05-27T08:25:33","modified_gmt":"2023-05-27T08:25:33","slug":"i-m-bank-rwanda-posts-12-profit-increase-in-first-quarter-of-2023","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/i-m-bank-rwanda-posts-12-profit-increase-in-first-quarter-of-2023\/","title":{"rendered":"I&M Bank Rwanda posts 12% profit increase in first quarter of 2023"},"content":{"rendered":"

I&M Bank Rwanda attributed its growing customer base, which now exceeds 71,000, to the implementation of digital solutions, data analytics, the establishment of a European desk, and the introduction of a Retail Banking loan center. The bank’s customer base experienced a 15% year-on-year growth.<\/p>\n

Additionally, I&M Bank Rwanda revealed that 78% of transactions are now conducted digitally, indicating the increasing adoption of digital banking services by customers.<\/p>\n

Robin Bairstow, the CEO of I&M Bank Rwanda, commented on the bank’s performance, attributing the growth in the first quarter of 2023 to the successful execution of their iMara strategy, which has consistently delivered positive outcomes.<\/p>\n

Bairstow further noted that the bank achieved a 4% increase in loans provided to all customer segments, including corporates, small and medium enterprises, and individuals. Moreover, deposits also rose by 5% during this period.<\/p>\n

\"I&M<\/figure>\n","protected":false},"excerpt":{"rendered":"

{I&M Bank Rwanda Plc has released its financial results for the first quarter of 2023, reporting a profit increase of 12%. During this period, the bank achieved a before-tax profit of Rwf3.5 billion, compared to Rwf2.9 billion in the same quarter of 2022.}<\/p>\n","protected":false},"author":62,"featured_media":2000056580,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[75],"byline":[170],"hashtag":[],"class_list":["post-48158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-homenews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000056580,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/e-w_jegwybga3s2_1_.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/e-w_jegwybga3s2_1_.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/e-w_jegwybga3s2_1_.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/e-w_jegwybga3s2_1_.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/e-w_jegwybga3s2_1_.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/e-w_jegwybga3s2_1_.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/48158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=48158"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/48158\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000056580"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=48158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=48158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=48158"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=48158"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=48158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}