June 20, 2018 3:23 AM ET

Banks

Company Overview of Bank M Tanzania plc

Company Overview

Bank M Tanzania plc provides commercial banking services in Tanzania. The company offers wholesale banking services, including trade finance, cash management, securities services, foreign exchange and risk management, capital raising, and corporate finance solutions to corporate and institutional clients. It also provides corporate banking services that comprise deposit, loan, and trade finance products; customized banking and financial solutions; private banking; institutional banking; sovereign banking; and wealth and financial planning, investment advisory, and specialized services. The company targets the upper end mid-market and corporate enterprises in the manufacturing and trading sec...

Money Centre

8 Obama Drive

P.O. Box 96

Dar es Salaam,  

Tanzania

Founded in 2007

Phone:

255 22 2345678

Fax:

255 22 2127825

Key Executives for Bank M Tanzania plc

Bank M Tanzania plc does not have any Key Executives recorded.

Bank M Tanzania plc Key Developments

Bank M Reports Earnings Results for the Second Quarter and Half Year of 2016

Bank M reported earnings results for the second quarter and half year of 2016. The company has posted a pre-tax profit increase by 43% in this year's second quarter, after generating TZS 7.69 billion compared to TZS 5.39 billion of similar quarter last year. The Bank attributed the profit to both net interest and non-interest incomes that generated hefty revenues. The bank's net interest income contributed dearly on second quarter profitability after generating TZS 9.64 billion versus TZS 7.09 billion of same quarter last year. The bank first half pre-tax profit hits TZS 15.18 billion which was almost matching the entire last year profit before tax of TZS 17.5 billion.

Similar Private Companies By Industry

Company Name Region
Akiba Commercial Bank Plc Middle East/Africa
Amana Bank Limited Middle East/Africa
Azania Bank Limited Middle East/Africa
Bank M Tanzania plc Middle East/Africa
Bank of Africa Tanzania Ltd. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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