Dar es Salaam, Feb. 3 -- DAR ES SALAAM: NMB Bank has reached a significant milestone in its financial performance, posting a record profit before tax of 931bn/- in 2024, bringing it close to the coveted trillions hilling mark.

This represents a remarkable 20 per cent increase compared to the 775bn/- reported in 2023, showing the banks continued growth and solid financial health.

The strong profit growth and a return on equity of 28 per cent, the bank has demonstrated its ability to generate substantial returns for its shareholders, positioning itself as a key player in the countrys banking sector.

NMB CEO Ms Ruth Zaipuna  said over the weekend that last year was a year of exceptional financial and operational achievements for the ...