Key Figures

2015 Key figures (Amounts in TZS"000")

Activity

  2015

Yearly Growth % (*)

Deposits   350,714,452 12.20
Loans 307,101,405 12.36
Number of branches at the end of the financial year 23 9.52

 

Structure

  2015

Yearly Growth % (*)

Total Assets    575,340,447 16.13
Shareholders’ equity    68,318,545 28.62
Average number of employees 289 15.14

Capital Adequacy Ratio

  2015

Yearly Growth % (*)

Tier 1      56,924,343 -
Tier 2   Tier 2 -
Risk Weighted Asset (RWA 291,169,760 -
Tier 1 + Tier 2 / RWA (%) 21.5 -

Income

  2015

Yearly Growth % (*)

Net operating income  43,348,624 19.5
Operating expenses   (33,660,887) 18.2
Gross operating profit      7,447,076 29.4
Cost of risk (in value) (**)     (2,240,661) 10.5
Net income 5,101,490 28.8
Operating ratio (%) 77.7  -0.80
Cost of risk (%) -0.8 0
Return on Assets (ROA %) 0.9 0.1
Return on Equity (ROE %) 8.4 0

 

(*) Yearly Growth 2015-2014

(**) Including general provision

Annual Report

ANNUAL REPORT BOA TANZANIA 2014

Despite the external pressure that affected government revenues and balance of trade, macroeconomic developments remained favorable during the year 2014. The Central Bank of Tanzania contained inflation in the year 2014 with December inflation rate reported at 4.8%. The interest rates even though high were stable during the year with 12 months Treasury Bills rate averaging 13.98% during the year. This favorable economic condition is expected to support the GDP growth to 7.2% in 2015 driven by growth in the transport, communication, manufacturing, agriculture and infrastructural sectors.