CRDB Bank Plc has reported strong financial performance for the first quarter of 2026, posting a Profit After Tax of TZS 206 billion, an increase of 18.9%, reaffirming its position as a market leader in profitability and overall performance.
The Bank’s total assets grew by 7.1% to TZS 23.9 trillion, while loans and advances increased by 6.8% to TZS 14.7 trillion. Customer deposits also rose by 9% to reach TZS 16.3 trillion, reflecting continued trust from customers.
Commenting on the results, Group CEO Abdulmajid Mussa Nsekela attributed the performance to disciplined execution of the Bank’s strategy, strong customer value delivery, and sustained efforts to support economic growth across its markets.
