MAENDELEO Bank has achieved impressive financial growth, showcasing its robust lending operations.
For the year ending December 2025, the bank reported a 29 per cent increase in net profit, rising to 4.75bn/- from 3.68bn/-. This growth was primarily driven by a surge in net interest income, which climbed by 28 per cent to 25.78bn/-.
MAENDELEO Bank’s Strong Profit Growth
MAENDELEO Bank’s net profit reflects a significant year-on-year increase, driven by enhanced lending activities. The bank’s net interest income rose substantially, indicating a successful strategy in expanding its lending operations.
The total revenue also saw a notable increase of 26 per cent, reaching 29bn/- from 23bn/-. This growth aligns with a 23 per cent expansion in the loan portfolio, which now stands at 108.9bn/-.
Tanzania: Key figures on net profit
- Net profit: 4.75bn/-
- Previous year’s net profit: 3.68bn/-
- Net interest income: 25.78bn/-
- Previous year’s net interest income: about 20bn/-
- Total revenue: 29bn/-
- Previous year’s total revenue: 23bn/-
- Loan portfolio: 108.9bn/-
- Previous year’s loan portfolio: 88.6bn/-
- Total assets: 202bn/-
- Previous year’s total assets: 151.2bn/-
- Customer deposits: 136.2bn/-
- Previous year’s customer deposits: 104bn/-
- Non-performing loans (NPLs): 4.51%
- Previous year’s NPLs: 4.76%
Factors Behind the Bank’s Success
The bank’s performance is attributed to improved operational efficiency and a strong core lending business. Enhanced financial literacy programs and robust credit monitoring have contributed to better asset quality, with non-performing loans decreasing.
MAENDELEO Bank’s leadership emphasizes the importance of these initiatives in maintaining customer trust and ensuring timely loan repayments.
Future Plans for MAENDELEO Bank
- Continue growth under a six-year strategic plan to 2030.
- Focus on human capital development, digital transformation, and financial inclusion.
- Establish an innovation hub to enhance service delivery.
- Invest approximately 500m/- in technology upgrades.
- Implement technology upgrades in six phases, starting with cybersecurity.
MAENDELEO Bank’s financial results highlight its commitment to growth and customer confidence.
