Bank of Kigali posts 21% rise in profit

Kigali - Rwanda's Bank of Kigali has reported a 21.3% rise in full-year pretax profit to 22.8bn Rwandan francs ($33.3m).

Net interest income at the bank, the largest by assets in the east African country, climbed to 39.3bn francs in the year through December from 35.2bn a year before, it said on Friday.

Net fees and commissions nudged higher to 10.9bn francs from 10.8bn. The bank's total assets grew 14.3% to 482.6bn francs.