Mucoba Bank Plc 2022 Interim Results For The First Quarter

MUCOBA Bank Plc ( Q12022 Interim Report

By Published On: June 17, 2022TYPE: Interim ReportsYear: 2022Period: Q1Country: TanzaniaSector: Banking

MUCOBA Bank Plc ( listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2022 interim results for the first quarter.

For more information about MUCOBA Bank Plc ( reports, abridged reports, interim earnings results and earnings presentations visit the MUCOBA Bank Plc ( company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for MUCOBA Bank Plc ( in the past 12 months, as of 2nd June 2022, is US$5.1905 (TZS16K). An average of US$0 (TZS1.33K) per month.

MUCOBA Bank Plc 2022 interim results for the first quarter

Company Profile

Mufindi Community Bank Plc (MuCoBa) offers financial products and services to residents of the Mufindi District and surrounding areas. It was the first community bank established in Tanzania and offers loans, savings accounts and other financial services to entrepreneurs, farmers and employees in Mufindi District. Formerly known as Mufindi Community Bank Limited, MuCoBa opened its doors in 1999. It was established to meet increased demand for financial services in the district assisted with the aid of a grant from a Belgium NGO, with the aim being to promote secondary education in the region. Mufindi District is an important economic hub in Tanzania which supports a strong farming community located along the Tanzam highway which passes through Mufindi and connects Dar es Salaam with Zambia and Malawi. MuCoBa services an impoverished community in a remote region who would otherwise have no or limited access to banking services. Mufindi Community Bank Plc is listed on the Dar es Salaam Stock Exchange