MUCOBA Bank PLC (MUCOBA) — FY 2020
Earnings report for MUCOBA Bank PLC (MUCOBA) for FY 2020 (iliyotolewa 27 Mar 2021). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Net Income After Tax was TZS 716 million for FY 2020, up from TZS 410 million in FY 2019.
- Total Assets grew by 34.47% to TZS 22,893 million as at 31 December 2020.
- Customer deposits increased by 4.20% to TZS 15,101 million in FY 2020.
- Net Interest Income was TZS 2,877 million for FY 2020, up from TZS 2,637 million in FY 2019.
- Return on Average Shareholders' Funds significantly improved to 60.55% for FY 2020 from -43.97% in FY 2019.