Rwanda's Bank of Kigali says pretax profit up 7.7 pct in Q1

The lender said the earnings were boosted by a 14.5 percent increase in its net interest income, which climbed to 11 billion francs during the period.

But the impact of the gains in net interest income was offset by a drop in non-interest income, such as foreign exchange trading. Consequently, total income grew only 2 percent to 15.1 billion francs.

Total costs fell 4.7 percent during the period, the bank added.

($1 = 685.0000 Rwandan francs)