Dar es Salaam, Feb. 4 -- DAR ES SALAAM: NMB Bank, the most profitable bank in the country, has made history by becoming the first bank in the country to surpass a one-billion-dollar market valuation.

Data show that merely four years ago, NMBs market capitalisation stood at 1.4tri/- where today it has doubled to over 2.6tri/- (1.0 billion US dollars)—the bank has been on the winning streak.

This market valuation for the NMB suggests that the total market value of the bank, as determined by its stock price and the number of outstanding shares, has exceeded 1.0 billion US dollars.

The significant milestone underscores the banks strong financial performance and solidifies its position as the most profitable bank in the country.

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