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| President Dr. Samia Suluhu Hassan (centre) receives a symbolic check worth TZS 15 billion from the Chairman of the Board of Directors of NBC Bank, Dr. Elirehema Doriye (left), along with the bank's Managing Director, Mr. Theobald Sabi (right). The dividend is awarded to the government for the year 2025, reflecting its 30 per cent ownership in the bank. The national ceremony for handing over the dividend to the government took place on 30 June 2026 at the State House in Dar es Salaam. |
Dar es Salaam, Tanzania – July 1, 2026 – NBC Bank Plc has reaffirmed its position as one of Tanzania's leading financial institutions after presenting a TZS 15 billion dividend to the Government of the United Republic of Tanzania, reflecting another year of exceptional financial performance and sustained value creation for shareholders.
The dividend, representing the Government's 30 percent shareholding in the Bank, was presented to President Samia Suluhu Hassan during the National Dividend Day held at the State House in Dar es Salaam. The presentation was led by NBC Bank Chairman, Dr. Elirehema Doriye, alongside the Bank's Managing Director, Theobald Sabi.
The payout follows a remarkable financial year in which NBC Bank posted a 26.5 percent increase in Profit After Tax, rising from TZS 117.8 billion in 2024 to a record TZS 149.0 billion for the year ended December 31, 2025. The results underscore the Bank's disciplined execution of its growth strategy, expanding customer base and continued operational excellence.
Strong Financial Performance Drives Higher Shareholder Returns
Speaking after the dividend presentation, NBC Bank Managing Director Theobald Sabi attributed the Bank's strong financial performance to successful strategy execution, business expansion, improved operational efficiency and the continued confidence that customers place in the Bank.
"The improved profitability enabled NBC Bank to deliver higher returns to all its shareholders, including the Government of Tanzania," he said.
The Government's dividend increased from TZS 10.5 billion in 2024 to TZS 15 billion this year—an impressive 43 percent increase. The growth reflects NBC Bank's consistent ability to generate sustainable earnings while maintaining a robust financial position.
Five Years of Consistent Growth
NBC Bank's long-term performance tells an equally compelling story. Over the past five years, the dividend paid to the Government has grown from TZS 4.5 billion in 2021 to TZS 15 billion in 2025, representing a remarkable 233 percent increase.
This sustained upward trajectory highlights the Bank's resilience, prudent financial management and commitment to delivering long-term value to shareholders while contributing meaningfully to the country's economic development.
Supporting Tanzania's Economic Transformation
While celebrating the financial milestones, Sabi emphasized that NBC Bank's mission extends beyond profitability.
"This dividend reflects NBC Bank's continued financial strength, disciplined execution and our commitment to creating sustainable value for all our shareholders. We are proud to deliver increased returns to the Government of Tanzania while continuing to invest in innovation, expand access to finance and support businesses that drive the country's economic growth."
He noted that the Bank will continue investing in digital banking solutions and customer-centric financial products to make banking more accessible for individuals, entrepreneurs and businesses across Tanzania.
The Bank is also strengthening its efforts to improve access to affordable financing, encourage private sector investment and support industries that contribute to industrialisation, job creation and inclusive economic growth.
A Collective Achievement
Sabi acknowledged that the Bank's success has been built on strong partnerships with its stakeholders, thanking customers, shareholders, regulators, the Government, the Board of Directors and employees for their continued trust and commitment.
"Our achievements would not have been possible without the trust of our customers, the confidence of our shareholders, the support of the Government and regulators, the strategic guidance of our Board of Directors and the dedication of our employees. Together, we continue to build a stronger NBC Bank and create long-term value for all our stakeholders."
Reinforcing National Development
The increased dividend further demonstrates NBC Bank's growing contribution to Government revenue through returns on public investment, while highlighting the vital role that a strong and profitable banking sector plays in accelerating Tanzania's economic development.
Looking ahead, NBC Bank remains focused on strengthening its financial position through continued investment in technology, expanding financial inclusion and providing innovative banking solutions that empower businesses of all sizes.
As the Bank continues to build on its strong financial foundation, its record profitability and increasing shareholder returns position it as a key partner in Tanzania's journey toward sustainable economic growth and prosperity.
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