Nairobi, May 29 -- Rwanda's commercial bank BK Group reported a 3.7 percent profit growth in the first quarter ended March, helped by higher interest income.

The company, which is cross-listed on the Nairobi Securities Exchange (NSE) and the Rwanda Stock Exchange, recorded a net profit equivalent of Sh2.4 billion during the review period.

This was up from Sh2.3 billion a year earlier. The company's functional currency is the Rwandan franc (Rwf), but it also reports its financial performance in US dollars and Kenya shillings because of its ownership by investors from different countries.

The lender's net profit growth was higher at 6.9 percent in Rwandan francs.

"BK Group delivered a solid revenue performance in the first quarter of 20...