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Five most profitable banks in East Africa amid sectors growth

Two Tanzanian banks, NMB and CRDB, are now among the top five most profitable commercial banks in the region. PHOTO | FILE

By  Josephine Christopher

Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers

Mwananchi Communications Limitted

Dar es Salaam. East Africa’s banking industry has continued to record impressive performance figures, with the latest results for the first quarter of 2024 pointing to a record year.

Two Tanzanian banks, NMB and CRDB, are now among the top five most profitable commercial banks in the region.

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