1. Investors Information
Financial Performance (Annual Results) as at 31st December, 2012
Total assets of the Bank increased by 13.3 % from TZS 2,713 billions in year 2011 to TZS 3,074 billions as at 31st December, 2012. Deposits increased by 7.6% from TZS 2,408 billions in year 2011 to TZS 2,591 billions as at 31st December, 2012. Loans and advances increased by 26.4% from TZS 1,429 billions in year 2011 to TZS 1,806 billions as at 31st December, 2012. Shareholders funds increased by 24.6% from TZS 254 billions in year 2011 to TZS 317 billions as at 31st December, 2012. The Bank recorded a profit after tax of TZS 80.5 billions for year 2012 compared to TZS 37.7 billions for year 2011.
* The decline of profit in 2011 financials was a result of malfunctioning of the foreign exchange trading computer system. The anomaly was realised only after year-end processes and rectified. (See 2011 Annual Report page 9)Annual report 2011
Key Financial Highlights as at 31st December, 2012
Selected Financial Indicators
Share Price Information
CRDB Bank Plc endeavours to provide investors with transparent, timely and comprehensive disclosure whenever such information is available. This is undertaken through a proactive process whereby information is continually and broadly disseminated to the general public on quarterly and annual basis. Below is the CRDB Bank Plc shareholding structure showing shareholders owning above 10%, between 10% and 1% and below 1% of the Bank’s share capital as at 31st January, 2013.
CHANGE OF EXTERNAL AUDITORS
The Banking and Financial Institutions (Independent Auditors) Regulations 2008, stipulates the maximum tenor of four years for which an Independent Audit firm can consecutively audit any bank or financial institution. The Shareholders in compliance with this regulation appointed M/s PriceWaterhouseCoopers to replace M/s Deloite and Touche.