NBC’s New CEO to Focus on Profitability

Posted on by Staff Writer | 11317 Views | 8 min read

NBC Tanzania plans a number of new products to maintain profitability and secure its strong presence in the market, its new Chief Executive Officer has said. Mr Edward Marks, NBC’s new Managing Director, told reporters in Dar es Salaam on Thursday that he would focus on system improvement and profitability to steer the bank to

The Tanzania Postal Bank Profitability Level Has Crossed the 10bn/- Mark

Posted on by Staff Writer | 9376 Views | 8 min read

The Tanzania Postal Bank (TPB) profitability level has crossed the ten billion mark, after it increased by almost 50 per cent since the institution was established some two decades ago. The bank said yesterday that it has made a historic pre-tax profit of 10.28bn/- in 2014, well above 6.99bn/- recorded in 2013. The bank, according