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Article

Tanzania's Mkombozi Commercial Bank begins paying 2.4bn/- in dividends to shareholders for the 2025 financial year.

AllAfrica Business Aug 31, 2026
Read the original Article page

TL;DR

Mkombozi Commercial Bank PLC has commenced the payout of 2.4bn/- in dividends, equivalent to 100/- per share, as approved by shareholders for the 2025 financial year.

Managing Director Respige Kimati urged shareholders to verify their details, revealing that approximately 500m/- in historical dividends remains unclaimed from the 2016, 2017, and 2024 financial years.

Intelligence

The bank reported a profit before tax of 8.77bn/- for the first six months of the year, with customer deposits growing 12% to 272bn/- and total assets rising to 345.5bn/-.

The bank's continued expansion of digital services is expected to drive further deposit growth.

However, resolving the 500m/- in unclaimed historical dividends will require the bank to improve its shareholder records verification processes.

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