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DTB Tanzania sees 50pc profit jump on SME strategy
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DTB Tanzania sees 50pc profit jump on SME strategy
DAR ES SALAAM: Diamond Trust Bank (DTB) Tanzania posted a 50 per cent increase in profit after tax to 13bn/- in the first quarter of 2025, alongside total assets of 1.89tri/-. The growth is attributed to stronger deposits, improved loan behaviour, and a strategy of prioritising small and medium enterprises (SMEs) as the core of its business. Chief Executive Ravneet Chowdhury says DTB engages SMEs early in their lifecycle, providing financing, gu…
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