CRDB considers dividend rise after Sh729 billion profit
Tanzania, May 14 -- Arusha. Shareholders of CRDB Bank are set to meet in Arusha this week to review the lender's strong financial performance for 2025, with profit after tax rising to Sh728.6 billion from Sh551 billion recorded in 2024.
The deliberations will take place during the bank's 31st Annual General Meeting (AGM), scheduled for May 15 and 16 under the theme Youth and Investment in Shares.
The meeting is expected to be officially opened by Finance Minister Khamis Mussa Omary.
Among the key issues on the agenda is a Board of Directors' proposal to increase dividend payments to Sh90 per share from the 2025 profits, up from Sh65 per share paid in 2024.
This represents a 38 percent increase and is expected to be one of the main poi...
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