Windfall as NMB's net profit skyrockets to Sh429 billion

NMB Bank’s board of directors’ chairman, Dr Edwin Mhede, congratulates NMB Bank chief executive officer Ms Ruth Zaipuna in Dar es Salaam yesterday. With them is chief finance officer Mr Juma Kimori. PHOTO | COURTESY

What you need to know:

  • The amount translates into an annual net profit growth of 46.8 percent compared with the Sh292.14 billion in net profit that was registered during the preceding year