Mkombozi Commercial Bank (MKCB) — FY 2013
Earnings report for Mkombozi Commercial Bank (MKCB) for FY 2013 (iliyotolewa 31 Mar 2014). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Net profit after tax for FY 2013 was TZS 119.01 million, a significant improvement from a loss of TZS 716.70 million in 2012.
- Total assets increased by 59.4% to TZS 64.02 billion in 2013 from TZS 40.15 billion in 2012.
- Total deposits grew by 75.9% to TZS 49.78 billion in 2013 from TZS 28.30 billion in 2012.
- Loans and advances to customers increased by 73.1% to TZS 28.88 billion in 2013 from TZS 16.69 billion in 2012.
- Return on Equity improved to 3.0% in 2013 from -7.6% in 2012.
- Return on Total Assets improved to 0.5% in 2013 from -1.8% in 2012.