CRDB BANK PLC (CRDB) — Q4 2024
Earnings report for CRDB BANK PLC (CRDB) for Q4 2024 (iliyotolewa 24 Jan 2025). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Net profit after tax for the Group increased to TZS 550.8 Billion for the year ended 31 December 2024, compared to TZS 422.8 Billion in 2023.
- Profit before tax for the Group increased to TZS 783.8 Billion for the year ended 31 December 2024, compared to TZS 598.7 Billion in 2023.
- Total Assets for the Group grew by 25% to TZS 16.6 Trillion as at 31 December 2024, from TZS 13.3 Trillion in December 2023.
- Total Deposits for the Group grew by 24% to TZS 10.9 Trillion as at 31 December 2024, from TZS 8.9 Trillion in December 2023.
- Total Loans for the Group grew by 23% to TZS 10.4 Trillion as at 31 December 2024, from TZS 8.4 Trillion in December 2023.
- Return on Average Total Assets for the Group was 5.2% for the year ended 31 December 2024.