Author: admin

Ecobank Tanzania, a subsidiary of Ecobank Transnational Incorporated (ETI) — a leading pan-African multinational bank operating across 34 countries — delivered an outstanding financial performance in 2012, recording remarkable growth across all key metrics. Overall, 2012 marked a defining year for Ecobank Tanzania, with the Bank demonstrating strong momentum and a clear trajectory toward becoming a dominant force in Tanzania’s banking sector. Revenue surged by 125% to a record TSh 8.6 billion, reflecting the Bank’s strengthened market position and expanded business activities. Total loans and advances more than doubled, rising by 112% to an unprecedented TSh 77.4 billion, underscoring the…

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