Tanzania: NMB Profit Grows 76% in Market Confidence

NMB Bank, one of the largest lenders in the country, recorded a 76-per cent increase in pre-tax profit for year ending this September, thanks to tremendous market confidence in the bank.

The bank, listed on Dar es Salaam Stock Exchange (DSE), recorded a profit before tax jump from 118bn/- in last year's quarter three (Q3) to 208bn/- of similar period this year.

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