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Private Sector Credit Rises from 18.7% to 23.2% of GDP Between April 2025 and April 2026

Latest Tanzania economy news · Private Sector Credit Rises from 18.7% to 23.2% of GDP… explained · 2026 updates · updated Aug 3, 2026 · economy news · GDP · investment

TLDR

  • Tanzania’s banking sector recorded profit after tax of TZS 1.38 trillion in H1 2026, up 13% from H1 2025, according to the Tanzania Banking Sector Performance Report for H1 2026, published in August 2026 by AML Finance.
  • Private-sector credit rose from 18.7% to 23.2% of GDP between April 2025 and April 2026, a pace Massawe frames within Tanzania’s Vision 2050 ambition to build a USD 1 trillion economy.
  • Performance Overview Profit after tax (PAT) reached TZS 1.38 trillion in H1 2026, up 13% from H1 2025.
  • Between H1 2020 and H1 2026, CRDB’s assets grew from TZS 7.00 trillion to TZS 26.40 trillion while its CIR improved from 70% to 43.2%.
  • Momentum continued between Q1 and H1 2026, with CRDB’s assets rising from TZS 23.9 trillion to TZS 26.4 trillion, NMB’s from TZS 17.9 trillion to TZS 18.4 trillion, and NBC’s from TZS 5.6 trillion to TZS 6.3 trillion.

Latest news excerpts & sources: Private Sector Credit Rises from 18.7% to 23.2% of GDP…

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