Tanzania: Bank M profit surges on higher interest income

 Bank M’s pre-tax profit rose by 35 per cent in 2016 as the ten-year old bank braved a challenging environment to grow its loan book. The bank’s financial results show that interest income grew by a cool Sh22.3 billion to reach Sh94.7 billion. As a result, Bank M’s profit before tax reached Sh23.54…

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ACTUALITÉ AFRICAINE À TOUTE HEURE

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