DAR ES SALAAM, Dec. 12 -- 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, guidance on accounting, and sector knowledge as they scale.

Many businesses from trading shops in Kariakoo to food processors near Arusha operate without formal accounting systems but have clear demand for their products.

“We take risks on SMEs when they are small and grow with t...