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Mwalimu Commercial Bank Plc (Tanzania)

Main Activities: Commercial Banking
Full name: Mwalimu Commercial Bank Plc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Mwalimu Commercial Bank Plc (MCB) is a commercial bank located in Dar es Salaam, Tanzania. It was incorporated in 2012 and was established to cater to the needs of teachers and the general public. The bank aims to provide affordable and diverse financial solutions to its customers, with a focus on minimizing operational costs. MCB's objective is to empower teachers and other civil servants economically, in order to improve their living conditions and transform their lives.

Headquarters
Mlimani Tower, Sam Nujoma Road, P.O Box 61002
Dar es Salaam; Dar es Salaam;

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Website: http://mwalimubank.co.tz

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2012
Key Executives
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Chairman
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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
Ownership Details
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35.28%
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16.19%
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16.17%
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16.17%
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12.94%
Company Performance
Financial values in the chart are available after Mwalimu Commercial 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
3.39%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-2.07%
Total equity
-0.31%
Total Assets Trend
N/A
Net Interest Income Trend
-40.35%
Loans to Deposits Ratio
-8.58%
Loans to Asset Ratio
-1.01%

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