DAR ES SALAAM, April 15 -- MAENDELEO Bank has recorded strong financial results for the year that ended December 2025, posting a 29 per cent year-onyear increase in net profit, driven mainly by growth in net interest income and expansion of its lending operations.

According to the Banks audited financial statements released yesterday, net profit rose to 4.75bn/- from 3.68bn/- in the previous year, reflecting increased lending activity and improved revenue generation. Net interest income grew by 28 per cent to 25.78bn/- from about 20bn/-, supported by higher loan uptake and steady growth in customer deposits.

The banks Head of Finance, Mr Nolasco Charles, said the performance reflects the strength of its core lending business and improve...