I&M Group PLC has reported impressive financial results, underscoring its robust growth and strategic progress across the East African region.…
25% growth in profit after tax of Kshs.16 billion for 1st quarter 2024
29.1% return on average equity year on year to 31st March 2024
65% Group profit after tax contribution by subsidiaries speaking to successful transformation to a financial integrated services group
Strong start of business lines diversification with non-banking contributing 3.4% of the Group profit after tax driven by insurance subsidiary
The insurance subsidiary achieves 4th position in the market with 9% market share respectively in its second year of operations and records 106% growth in profits and 54% return on average equity
Brand ascends to become the world’s second-strongest financial brand and the region’s most valuable brand.