CRDB considers dividend rise after Sh729 billion profit
Chairperson of the Board of Directors of CRDB Bank, Prof Neema Mori (centre), displays the bank’s 2025 annual report during a press conference held to announce the 31st Annual General Meeting of shareholders, scheduled to take place at the Arusha International Conference Centre (AICC) on May 15 and 16, 2026. To her left is CRDB Bank Chief Executive Officer, Dr Abdulmajid Nsekela, and to her right is the Deputy Board Chairperson, Dr Donald Mmari. PHOTO | COURTESY
Arusha. Shareholders of CRDB Bank are set to meet in Arusha this week to review the lender’s strong financial performance for 2025, with profit after tax rising to Sh728.6 billion from Sh551 billion recorded in 2024.
The deliberations will take place during the bank’s 31st Annual General Meeting (AGM), scheduled for May 15 and 16 under the theme Youth and Investment in Shares.
The meeting is expected to be officially opened by Finance Minister Khamis Mussa Omary.
Among the key issues on the agenda is a Board of Directors’ proposal to increase dividend payments to Sh90 per share from the 2025 profits, up from Sh65 per share paid in 2024.
This represents a 38 percent increase and is expected to be one of the main points of discussion among shareholders.
Speaking in Arusha, CRDB Board Chairperson Prof Neema Mori said the AGM will also consider audited financial statements, the Board’s annual report, the election of an independent director, and the appointment of external auditors.
She said the meeting provides shareholders with a platform to review performance and provide strategic direction for the bank’s future growth.
Prof Mori said the proposed dividend reflects the bank’s improved financial performance and sustained profitability, noting that CRDB has continued to strengthen its position in the regional banking sector through steady growth and operational efficiency.
CRDB Chief Executive Officer Dr Abdulmajid Nsekela said this year’s AGM theme has been designed to encourage young people to participate in share ownership and broader capital market investments.
He said youth involvement in investment is crucial for building long-term wealth, financial independence and economic empowerment. Dr Nsekela added that the bank is increasingly leveraging digital platforms to expand access to investment opportunities, particularly among younger investors.
“We celebrated 30 years last year, and now we are looking ahead to the next 30 years while asking ourselves who will carry CRDB into the future,” he said.
He further noted that young people are not only customers but also future investors, innovators and key drivers of economic transformation.
Dr Nsekela said the board has continued to provide strategic leadership that has supported the bank’s strong performance, improved shareholder value and long-term development agenda.
