NMB Bank PLC 2018 Annual Report with Sustainability Disclosures
The report highlights NMB Bank PLC's financial and operational performance for the fiscal year 2018. The company achieved a Profit Before Tax of TZS 142 billion, representing a 3% increase from the previous year, and expanded its distribution network by opening 11 new branches and growing its agent network to 6,800. Additionally, the company successfully adopted IFRS 9 in January 2018 and launched innovative digital products, including the NMB Klik mobile application and the Salary Advance mobile loan. On the sustainability front, the company allocated 1% of its profit after tax to corporate social responsibility initiatives, focusing on education, health, and financial capability programs.
Company: NMB Bank PLC
Sector: Finance & insurance
Country: Tanzania
Year: 2018
Type: Annual Report with Sustainability Disclosures
Pages: 236
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NMB Bank PLC
Annual Report
The report highlights NMB Bank PLC's financial and operational performance for the fiscal year 2018. The company achieved a Profit Before Tax of TZS 142 billion, representing a 3% increase from the previous year, and expanded its distribution network by opening 11 new branches and growing its agent network to 6,800. Additionally, the company successfully adopted IFRS 9 in January 2018 and launched innovative digital products, including the NMB Klik mobile application and the Salary Advance mobile loan. On the sustainability front, the company allocated 1% of its profit after tax to corporate social responsibility initiatives, focusing on education, health, and financial capability programs.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees