Subsidiaries of Kenyan banks have posted a 74.7 percent jump in pre-tax earnings in Tanzania to TSh91.4 billion (Sh4.36 billion at the current exchange rate) for the half year ended June 2024, highlighting the growing influence of regional banking business.
Data from the Bank of Tanzania (BoT) shows that the latest pre-tax profit was a jump from TSh52.3 billion (Sh2.49 billion) in a similar period last year.
