NMB BANK PLC (NMB) — Q2 2023
Earnings report for NMB BANK PLC (NMB) for Q2 2023 (iliyotolewa 21 Jul 2023). Key highlights and the PDF statement below.
Market: Closed
DSE (Dar es Salaam)
Highlights
- Net Profit After Tax for the period ended 30 June 2023 was TZS 262 billion, a 26% increase year-on-year.
- Total Assets grew to TZS 11.49 trillion as of 30 June 2023, up 27% year-on-year.
- Customer Deposits reached TZS 8.4 trillion, marking a 23% year-on-year growth.
- Loans & Advances amounted to TZS 6.63 trillion, an increase of 32% year-on-year.
- The Cost to Income Ratio (CIR) for the Group was 38%.
- The Non Performing Loans to Gross Loans ratio stood at 3.5%.