Tanzania’s banking industry has kicked off 2025 with rising profitability driven by double-digit growth in both funded and non-funded income during the first quarter of the year. PHOTO | FILE
Dar es Salaam. Tanzania’s banking industry has kicked off 2025 on a strong footing, with rising profitability driven by double-digit growth in both funded and non-funded income during the first quarter of the year.
An analysis by The Citizen of financial statements from 22 commercial banks reveals that the industry posted solid performance figures, signalling the likelihood of another record-breaking year for the country’s lenders.
