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Maendeleo Bank Plc (Tanzania)

Main Activities: Commercial Banking
Full name: Maendeleo Bank Plc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Maendeleo Bank Plc was registered as a Limited Company on February 2011. In September, 9th 2013, Maendeleo Bank Plc started business as a regional bank. The bank was issued with a license number NBA 00026 to carry out banking business. Maendeleo Bank became the first bank in Tanzania to be registered in to Dar es Salaam Stock Exchange (DSE) and hence became Public Limited Company (PLC) from its start. The Bank has a special client focus on micro entrepreneurs, small and medium enterprises, and corporate customers.

Headquarters
P O Box 216
Dar es Salaam; Dar es Salaam;

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Website: http://www.maendeleobank.co.tz

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
February 01, 2011
Key Executives
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Chairman
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Vice Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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11%
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10%
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5%
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5%
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3%
Company Performance
Financial values in the chart are available after Maendeleo Bank Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TZS. Absolute financial data is included in the purchased report.
Net interest income
31.48%
Operating profit (EBIT)
180.98%
Net Profit (Loss) for the Period
140.97%
Total assets
5.09%
Total equity
6.92%
Total Assets Trend
-12.51%
Net Interest Income Trend
15.51%
Loans to Deposits Ratio
-4.65%
Loans to Asset Ratio
-0.19%

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