Exim Bank Tanzania Chief Finance Officer, Mr. Selemani Ponda (Centre) briefs journalists at a news conference to announce the bank’s financial results for the first quarter of 2014 in Dar es Salaam Looking on is Head of Treasury, Mr. George Shumbusho (first left) and Seniour Finance Manager, Mr Issa Hamisi (first right). The EXIM Bank Group 1st quarter (Q1) 2014 pretax profit rose by 42% to TZS 6.4 billion from the same period last year as per recently published results.
“We are pleased to report good results to start the year,” said Selemani Ponda, Exim Bank Chief Finance Officer. “Strong top-line revenue growth reflects the success of the Bank’s highly diversified income streams. We continue to improve upon operational efficiency to optimize our customers’ satisfaction. “Our Bank is continuing to move in the right direction. We are making progress towards fulfilling our ambitions. Our Q1 results show that we have had an encouraging start to the year,” he added.
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