Tanzania: CRDB Posts U.S. $66 Million Profits

Dar es Salaam — CRDB Bank Plc, one of Tanzania's leading banks, has posted a pre-tax profit of Tsh107.7 billion (about $65 million) during the last financial year.

This is an increase of 111% compared to the previous year figure of Tsh51 billion ( about $30 million).

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