Bank profit up by 231pc in one year : Equity CEO

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Makala: Joseph Shaluwa MAMBO yanakwenda yakibadilika. Ubunifu kwenye biashara ni jambo lenye msingi sana katika nyakati hizi za soko la ushindani.  Hata hivyo, wataalam wa uchumi duniani wanashauri kuwa, wakati watu wa masoko wakibuni mambo muhimu ya kuboresha huduma zao wanapaswa kujali muda wa mteja ambao kwa hakika ndiyo chachu ya kupandisha uchumi. Zamani ilikuwa benki unakwenda na kitabu, unapanga foleni ndipo...

Exim Bank Group posted a Sh5.4 billion pre-tax profit during the third quarter of this year.

Bank M’s net profit for the second quarter of the current calendar year went up by 9.375 per cent compared to a similar quarter in 2013, latest financial figures show.

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The profit before tax for the Kilimanjaro-based Mwanga Community Bank Limited (MCBL) rose by 197 per cent in 2014 on the back of increased interest income amid tightened spending, the bank has said.

DCB Commercial Bank has said it expects to increase profit after tax to Sh4 billion this year from Sh3.8 billion posted last year.

Exim Bank Tanzania Chief Finance Officer, Mr. Selemani Ponda (Centre) briefs journalists at a news conference to announce the bank’s financial results for the first quarter of 2014 in Dar es Salaam Looking on is Head of Treasury, Mr. George Shumbusho (first left) and Seniour Finance Manager, Mr Issa Hamisi (first right). The EXIM Bank Group 1st quarter (Q1) 2014 pretax profit rose by 42% to TZS 6.4 billion from the same period last year as per recently published results.
“We are pleased...

Exim Bank registered a pretax profit of Sh6.4 billion during the first three months of this year – a 42 per cent increase compared to a similar period in 2013.