2011 Tanzania Banking Sector Performance Review Final

2011 Tanzania Banking Sector Performance Review
TANZANIA BANKING SECTOR PERFORMANCE REVIEW

YEAR ENDED 31 DECEMBER 2011
ERNST & YOUNG
MAY 2012
PREFACE
2011 Tanzania Banking Sector Performance Review is the fifth issue of this report produced by
Ernst & Young. The aim of the review is to highlight performance and developments in the sector
and therefore contributing to the countrys sources of reliable business and economic
information.
The sectors total assets increased by 16% (26% in 2010, 19% in 2009, 20% in 2008, and 30% in
2007), the ratio of earning assets to total assets decreased to 78.6% (80% in 2010, 79% in
2009, 83% for both 2008 and 2007). On the funding structure side, deposits increased by 16%
(25% in 2010, 24% in 2009, 22% in 2008 and 23% in 2007) and shareholders funds increased
by 14% (22% in 2010,28% in 2009, 25% in 2008 and 48% in 2007). Paid up capital recorded an
increase of 21% (31% in 2010, 39% in 2009, 15% in 2008, and 44% in 2007).
Furthermore, the banking liquidity was by and large satisfactory, with the ratio of liquid assets to
deposits at 54%, 59% in 2010, 58% in 2009, 54% in 2008 and 65% in 2007).
Two banks started operations in Tanzania which are Amana and FNB. CRDB embarked on a
process to set up operations in Burundi.
This years report comes with a special topic on Mortgage Financing.
It is my sincere hope that you will find this report valuable in supporting your objectives whether
relating to your business strategy, social-economic or academic interests.
I thank everyone for making the 2011 report a success.
Joseph Sheffu
Country Leader
ii
TABLE OF CONTENTS
1.
STRUCTURE OF THE REPORT ........................................................................................... 1
1.1
Summary ......................................................................................................................... 1
1.2
Contents of the Report ..................................................................................................... 1
2.
MORTGAGE FINANCING IN TANZANIA .............................................................................. 2
2.1
Mortgage Liquidity Facility................................................................................................ 2
2.2
Other countries experience ............................................................................................... 2
2.3
Tanzania Context ............................................................................................................. 3
2.4
Tanzania Mortgage Refinancing Company (TMRC) .............................................................. 3
2.5
Challenges facing the mortgage sector in Tanzania ............................................................ 4
2.6
Banks offering mortgage financing products and challenges faced. ..................................... 4
2.7
Closing remarks................................................................................................................ 6
3.
ECONOMIC ENVIRONMENT AND BANKING SECTOR OVERVIEW.......................................... 7
3.1
Economic Environment Overview....................................................................................... 7
3.2
The Banking Sector Overview............................................................................................ 8
4.
PROFITABILITY .............................................................................................................. 10
4.1
Return on Average Assets and Equity.............................................................................. 10
5.
EFFICIENCY ................................................................................................................... 12
5.1
Operating Efficiency ....................................................................................................... 12
5.2
Portfolio Yield ................................................................................................................ 13
5.3
Portfolio Yield to Operating Efficiency ............................................................................. 13
5.4
Staff Productivity ........................................................................................................... 14
5.5
Rates Paid on Funds ....................................................................................................... 15
5.6
Portfolio Quality ............................................................................................................. 15
6.
CAPITAL ADEQUACY...................................................................................................... 17
6.1
Overview........................................................................................................................ 17
6.2
Asset Structure Overview ............................................................................................... 17
6.3
Funding (Liabilities) Structure Analysis............................................................................ 19
6.4
Financial Soundness ....................................................................................................... 22
6.5
Liquidity Analysis ........................................................................................................... 23
6.6
Earnings Analysis ........................................................................................................... 24
Appendix I: Ratio Calculations and Definitions ........................................................................... 25

Appendix II: Summary of Ratios................................................................................................ 28
Appendix III: Charts for individual banks ................................................................................... 63
iii
LIST OF TABLES
Table 1: Mortgage debt/GDP ................................................................................................ 3
Table 2: TMRC Member Bank ............................................................................................... 4
Table 3: Banks offering mortgage financing ......................................................................... 4
Table 4: Maturity period for mortgage loans ........................................................................ 5
Table 5: Challenges facing banks offering mortgage financing ............................................. 5
Table 6: Macroeconomic Indicators ...................................................................................... 7
Table 7: Sectors Contribution to the GDP ............................................................................. 7
Table 8: Financial Sector Contribution to the GDP ................................................................ 8
Table 9: Snapshot of Balance Sheet Summary over 5 Years ................................................. 8
Table 10: Balance Sheet Changes for the 5 years ................................................................ 8
Table 11: Snapshot of Income Statement for the 5 Years ..................................................... 9
Table 12: Income Statement Changes Over 5 Years ............................................................. 9
Table 13: Profitability & Earnings Ratios for the 5 Year Period ........................................... 10
Table 14: Sector's Efficiency Ratios ................................................................................... 12
Table 15: Sector's Financial Soundness Ratios ................................................................... 17
Table 16: Sector's Asset Structure ..................................................................................... 17
Table 17: Sector's Percentage Share of Total Assets .......................................................... 17
Table 18: Large Banks Share of Total Assets ...................................................................... 18
Table 19: Sector's Total Assets for the 5 Year Period ......................................................... 18
Table 20: Sector's Funding Structure ................................................................................. 19
Table 21: Sector's Funding Structure Changes for the 5 Year Period ................................. 19
Table 22: Sector's Aggregate Capital for the 5 Year Period................................................ 22
Table 23: Sector's Earnings................................................................................................ 24
Table 24: Sector's Net Income ........................................................................................... 24
Table 25: Total Assets ........................................................................................................ 28
Table 26: Loans, Advances and Overdrafts......................................................................... 29
Table 27: Customer Deposits ............................................................................................. 30
Table 28: Number of Employees......................................................................................... 31
Table 29: Operating Efficiency ........................................................................................... 32
Table 30: Average Loan Portfolio ....................................................................................... 33
Table 31: Loan Portfolio per Staff ...................................................................................... 34
Table 32: Earnings per Staff............................................................................................... 35
Table 33: Staff Income to Staff Portfolio ............................................................................ 36
Table 34: Portfolio Yield..................................................................................................... 37
Table 35: Gross Yield on Earning Assets ............................................................................ 38
Table 36: Rates Paid on Funds............................................................................................ 39
Table 37: Portfolio Yield to Operating Efficiency ................................................................ 40
Table 38: Yield to Rate on Funds ........................................................................................ 41
Table 39: Government Securities as % of Earning Assets.................................................... 42
Table 40: Loans and Advances to Total Assets ................................................................... 43
Table 41: Non Interest Expense to interest Income ............................................................ 44
Table 42: ROAA ................................................................................................................. 45
Table 43: ROAE .................................................................................................................. 46
Table 44: Interest Margin to Average Earning Assets ......................................................... 47
Table 45: Non Interest Expense to Gross Income................................................................ 48
Table 46: Gross Loans to Deposits ..................................................................................... 49
Table 47: Interest Income to Total Income.......................................................................... 50
Table 48: Interest Margin ................................................................................................... 51
Table 49: Earning Assets to Total Assets ............................................................................ 52
Table 50: Net Interest Margin............................................................................................. 53
Table 51: Total Expenses to Interest Income ...................................................................... 54
Table 52: Interest Margin to Gross Income ......................................................................... 55
Table 53: Capital Adequacy................................................................................................ 56
iv
Table 54: Non Performing Loans to Gross Loans and Advances ......................................... 57
Table 55: Total Capital to RWAs.......................................................................................... 58
Table 56: Core Capital to RWAs .......................................................................................... 59
Table 57: Liquid Assets to Total Assets .............................................................................. 60
Table 58: Liquid Assets to Deposit Liabilities ..................................................................... 61
Table 59: Total Capital to Deposit Liabilities ....................................................................... 62
LIST OF FIGURES
Figure 1: Allowable use of funds from mortgage loans ......................................................... 4
Figure 2: ROAA for peer banks ........................................................................................... 11
Figure 3: ROAE for peer banks ........................................................................................... 11
Figure 4: Efficiency for peer banks ..................................................................................... 12
Figure 5: Portfolio Yield for peer banks .............................................................................. 13
Figure 6: Portfolio Yields to Operating Efficiency ............................................................... 14
Figure 7: Earnings per staff................................................................................................ 14
Figure 8: Peer Group Staff Income to Staff Portfolio .......................................................... 15
Figure 9: Asset Composition .............................................................................................. 18
Figure 10: Sector's Funding Composition ........................................................................... 19
Figure 11: Peer Group Share of Customer Deposits ........................................................... 20
Figure 12: Share of Customer Deposits in Large Banks ...................................................... 20
Figure 13: Share of Customer Deposits in Medium Banks ................................................... 21
Figure 14: Share of customers deposits in small banks ...................................................... 21
Figure 15: Share of Customer Deposits among NBFIs ........................................................ 21
Figure 16: Changes in Capital Structure ............................................................................. 22
Figure 17: Total Capital to RWAs ........................................................................................ 23
Figure 18: Liquid Assets to Total Assets ............................................................................. 23
Figure 19: ROAA for all the banks ...................................................................................... 64
Figure 20: ROAE for all the banks ...................................................................................... 64
Figure 21: Operating efficiency for individual banks........................................................... 65
Figure 22: Portfolio Yield for individual banks .................................................................... 65
Figure 23: Earnings Per Staff ............................................................................................. 66
vi
ABBREVIATIONS:
BoT
NBFIs
P&L
ROAA
ROAE
RWA
Tshs
Govt
Bank of Tanzania
Non Bank Financial Institutions
Profit and Loss
Return on Average Assets
Return on Average Earnings
Risk Weighted Assets
Tanzanian Shillings
Government
vii
The report includes 44 institutions and the following is the full list with their abbreviations used:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Access
Advans
Akiba
Amana
Azania
BancABC
Bank M
Barclays
BOA
BOB
BOI
CBA
Citibank
CRDB
DCB
DTrust
Ecobank
Efatha
Exim
FNB
Habib
I&M
ICB
Kagera
KCB
Kili Coop
Mbinga
Mkombozi
Mufindi
Mwanga
NBC
NIC
Njombe
NMB
PBZ
Stan Chart
Stanbic
TCB
TIB
TPB
TWB
Twiga
UBA
Uchumi
Access Bank (T) Limited

Advans Bank (T) Limited
Akiba Commercial Bank Limited
Amana Bank
Azania Bank Limited
African Banking Corporation
Bank M (T) Limited
Barclays Bank (T) Limited
BOA Bank (T) Limited
Bank of Baroda (T) Limited
Bank of India (T) Limited
Commercial Bank of Africa
Citibank (T) Limited
CRDB Bank PLC
Dar es Salaam Community Bank
Diamond Trust Bank (T) Limited
Ecobank (T) Limited
Efatha Bank
Exim Bank (T) Limited
First National Bank (T) Limited
Habib African Bank Limited
I&M Bank (T) Limited
International Commercial Bank (T) Limited
Kagera Farmers Co-operative Bank
Kenya Commercial Bank (T) Limited
Kilimanjaro Co-operative Bank
Mbinga Community Bank
Mkombozi Commercial Bank PLC
Mufindi Community Bank
Mwanga Community Bank
National Bank of Commerce Limited
NIC Bank (T) Limited
Njombe Community Bank
National Microfinance Bank (T) PLC
The People's Bank of Zanzibar Limited
Standard Chartered Bank (T) Limited
Stanbic Bank (T) Limited
Tandahimba Community Bank
Tanzania Investment Bank
Tanzania Postal Bank
Tanzania Women's Bank Limited
Twiga Bancorp Limited
United Bank for Africa (T) Limited
Uchumi Commercial Bank
Please note that during 2011:

The Bank of Tanzania showed 45 registered banks. As in previous years FBME has been
excluded due to inclusion of its major overseas operations which hinders comparability
with the rest of the sector. Likewise, overseas subsidiaries of Exim Bank have been
excluded.
The currency of the data is in Tanzanian Shilling and can be converted to US$ at Tshs
1,566.65: US$1 as per BoTs published exchange rate as at 30 December 2011,
viii
Twiga and TCB audited financials could not be obtained and hence the data used is unaudited published quarterly data as at 31 December 2011.
All financial data is in millions of Tanzanian Shillings unless otherwise stated
Some banks did not disclose number of employees in the audited report and for this
reason Quarter 4 data has been used
Copyright, Ernst & Young

All rights reserved.
Disclaimer
Even though every care has been taken in compiling this report, Ernst & Young does not give
assurance as to the comprehensiveness or accurateness of the data contained herein and takes
no responsibility incurred from the use of the report.
We wish to point out that the level of analysis can on occasion be limited by the level of reported
detail and therefore some of the calculated ratios may differ to those produced by banks based on
their more detailed information.
The report was prepared by Chacha Winani (Senior Manager) and Glenn Scott (Executive Director)
from Transaction Advisory Service Line.
May 2012
Ernst & Young
Utalii House
36 Laibon Road, Oysterbay
P. O. Box 2475
Dar es Salaam, Tanzania
Tel: 255 22 266 7227
ix
1. STRUCTURE OF THE REPORT

1.1 Summary
The report compares banking sector institutions against each other and among peer groups
as follows:
Ernst & Young Banking Review - Peer Groups Definition
Large
Barclays
Citibank
CRDB
Exim
NBC
NMB
Stan Chart
Stanbic
Medium
Access
Akiba
Azania
BancABC
Bank M
BOA
BOB
BOI
CBA
DTrust
Ecobank
FNB
Habib
I&M
ICB
KCB
NIC
PBZ
UBA
Regional & Small

Advans
Amana
DCB
Efatha
Kagera
Kili Coop
Mbinga
Mkombozi
Mufindi
Mwanga
Njombe
TCB
TWB
Uchumi
NBFIs
TIB
TPB
Twiga
The analysis is focused on three main areas namely:

Earnings and Profitability,
Efficiency, and
Capital Adequacy.
Appendix II presents full performance results for individual banks as well as peer groups.
Appendix III presents graphs showing performance of individual banks
1.2 Contents of the Report
The remainder of the report is set out as follows:
Section 2:
Gives an overview of the whole banking sector and macroeconomic indicators
Section 3:
Presents a special topic on Mortgage Financing
Section 4:
Gives a detailed analysis of the banking sector performance
Section 5:
Provides profitability and earning analysis to the sector
Section 6:
Provides efficiency analysis
Section 7:
Provides analysis on Capital Adequacy

1
2. MORTGAGE FINANCING IN TANZANIA

2.1 Mortgage Liquidity Facility
A Mortgage Liquidity Facility (MLF) is a financial Institution designed to support long term
lending activities by Primary Mortgage Lenders (PML). It aims at providing the PML with long
term financing at better rates and conditions than PML might be able to obtain if acting
alone.
The need for such an institution arises mainly because of the maturity mismatch between
long term mortgage loans and funds used to finance them which in most cases are short
term deposits and loans. Capital Market Funding is an important is way to overcome such
mismatches
Overall, the benefits of MLFs are as follows1:
The provision of secure long term funding at attractive rates.
Provide long term fixed rate finance which provides degree of certainty which help
market develop with confidence.
Allows for greater competition in the mortgage market (as more players will come
into the market).
Leveraging of existing funding sources (by providing back up funding to commercial

banks).
Forces lenders to adhere to the best lending practice by setting the criteria for types
of loans it will refinance.
Acts as an intermediate step on the path to a full secondary mortgage market.
Acts to deepen the financial market more generally by providing a long term
investment to institutions with long term liabilities.
Can be used as tool for delivering policy objective such as the promotion of
affordable housing or promotion of affordable housing or the promotion of local
currency lending.
2.2 Other countries experience

Jordan
Jordan Mortgage Refinancing Company (JMRC) played a significant role in the development
of the Jordans mortgage market. It was established in 1996 with the help of a World Bank
loan. It draws shareholders from both public and private sectors. In a few years the number
of active lenders increased substantially, and the stock of mortgage loans increased by more
than 300%. Down payments requirement reduced substantially and the loan maturities
increased from between 12 to 15 years to 15 years.
Malaysia
Cagamas Berhad was created in 1987 as a public/private partnership. The objectives of the
entity were to promote home ownership and develop the local bond market. The effect of
Cagmas in the development of mortgage market includes growth of the loans outstanding by
900% from 1987 to 2005 (from RM 20 Billion to RM 183 Billion, about USD 51 billion).
France
Caisse de Refinancement de lHabitat (CRH) was created in 1985 aiming to facilitate the
refinancing of loans through the use of bonds. CHR is entirely owned by 18 institutions
Olivier Hassler & Simon Walley Mortgage Liquidity Facilities
which make use of the facility. CHR has refinanced portfolio amounts to around USD 25
billion (2005) which is equivalent to around 4% of the French market.
2.3 Tanzania Context
Since the collapse of Tanzania Housing Bank (THB) in 1995, there was no institution that was
providing mortgage financing.
This was due to the low appetite by financiers to finance mortgages. Low appetite was due
to:
1. Existing laws were not favourable
a. Court injunction by borrowers when banks initiate repossession process of assets
in cases of default.
b. Existing laws only recognized land title (it was not possible to own an apartment)
2. Lack of Liquidity
There was no long term financing to match the maturity of mortgage loans which are
long term.
3. Absence of real estate developers
As a result, Tanzania is one of the countries with the lowest mortgage/GDP ratio as shown
below:2
Table 1: Mortgage debt/GDP
Tanzania
Nigeria
Uganda
Senegal
Ghana
Namibia
South Africa
Mortgage debt/GDP
0.3%
0.5%
1.0%
2.0%
3.9%
20.0%
34.0%
$ GDP/Head
392
944
382
941
749
3502
6185
To resolve those issues and encourage home ownership, the Government of Tanzania
established a Housing Finance Project (HFP) with the support of the World Bank to
spearhead the reintroduction of mortgages in Tanzania
The project aimed at enabling the recreation of mortgages in the country by amending land
laws, introducing the Mortgage Finance Act 2008 and supporting the creation of a Mortgage
Liquidity Facility.
Tanzania Mortgage Refinance Company (TMRC) is the result of the Housing Finance Project.
2.4 Tanzania Mortgage Refinancing Company (TMRC)
TMRC is a Mortgage Liquidity Facility (MLF) Institution established by the Government of
Tanzania with the assistance from World Bank. It is a private sector institution owned by
members who use the facility. Currently, TMRC has ten (10) member banks.
The key benefits expected are the same as for any MLF (as provided above).
Initiatives taken by TMRC to promote mortgage financing in Tanzania
Try to mobilize as many members as possible (Minimum capital is Tshs 500 million)
Orgnised mortgage financing training (through Bank of Tanzania)
Take members to visit other countries and learn from their experience
Work with members closely to launch mortgage financing products
Encourage members to team up with developers to work on big housing projects
Rished Bade Framework for implementation of a mortgage Liquidity Facility The case of TMRC
2.5 Challenges facing the mortgage sector in Tanzania
Introduction of VAT on sale of properties (which increases the cost of acquiring a

house)
Non Preferential risk weighting to mortgage assets where mortgage assets have a
risk weight of 100% as opposed to 50% in some countries.
Lack of enough developers which leads to short supply of affordable houses.
Delay from member banks to launch mortgage products (resulting to lack of choice
for customers to choose from)
High cost of transfer and delays in the process (which makes it difficult for house
owners to mortgage their houses)
2.6 Banks offering mortgage financing products and challenges faced.

Banks offering mortgage financing
There are number of banks offering mortgage financing in Tanzania. We could not get all the
banks to confirm that they offer mortgage financing or not. Currently TMRC has ten
members which suggest that there is at least ten banks which are offering mortgage
financing or there at different preparation stages for offering mortgage financing. Current
TMRC members are provided in the table below:
Table 2: TMRC Member Bank
CRDB
NMB
Azania
TIB
Exim
DCB
NIC
BankABC
NBC
PBZ
A survey carried out by Ernst & Young in April and May 2011 among banks in Tanzania
revealed that mortgage financing products are very new in the Tanzanian market. Out of 19
banks that responded, only five banks are currently offering mortgage financing. The table
below provides banks that are offering mortgage financing out of 19 banks that responded.
Table 3: Banks offering mortgage financing
Bank
Azania Bank
Bank of Baroda
BOA
Bank ABC
Exim Bank
Year Started to offer mortgage

financing
2002
2009
2011
2011
2012
Uses of funds
Most of the mortgage financing products are directed into buying houses (both new and old)
and a small proportion is directed in construction (21%). And 7% is directed into releasing
equity from existing houses. The graph below shows distribution of the allowable use of
funds in mortgage financing.
Figure 1: Allowable use of funds from mortgage loans
Existing customers Vs new customers

Most of the mortgage financing products customers are existing customers (85%) compared
to only 15% that are new. This suggests that at the moment, banks offering mortgage
financing are not using this product to acquire new customers.
Interest rate charges
Interest charged on mortgage financing ranges from 15% to 22% with an average of 19% for
Tanzanian shillings loans. All banks that responded (that are currently offering mortgage
financing) are only offering loans in local currency.
Loan maturity
The survey results show that most of the mortgages financing loans have a maturity of 15
years. Results from respondents are shown on the table below:
Table 4: Maturity period for mortgage loans
Maturity
Period (years)
Up to 15
Up to 20
Percentage of
respondents
80%
20%
This is a short period for mortgage loans which limits the amount of the loan that can be
taken (based on the required repayment amount).
Initial deposits
All banks that responded have between 15% and 20% initial deposit requirements.
Demand for mortgage financing
All banks that responded have indicated that the demand for mortgage financing is very high
in Tanzania.
Challenges in offering mortgage financing products in Tanzania
Legal Framework featured the most as the main challenge in offering mortgage financing
followed by lack of enough real estate developers. Others are low level of understanding of
the products and professional services (eg valuation). The table below shows challenges in
mortgage financing arranged from what the banks perceive to be the most serious challenge
to the least serious challenge.
Table 5: Challenges facing banks offering mortgage financing
Issue
Legal framework
Lack of enough developers
Understanding of the product
Professional services
Lack of preferential risk weight to mortgage assets
VAT on properties sold
Insurance
Others
Rank
1
2
3
3
4
5
6
7
Other challenges include
Lack of adequate proven repayment capacity
Lack of affordable house stock
Lack of internal expertise to monitor construction of houses
Lack low cost long term source of funding
2.7 Closing remarks

Mortgage financing is a relatively new product in Tanzania. This is evidenced by the fact that
most of the respondent banks started offering mortgage financing in the last three years.
This survey confirmed that there is high appetite for mortgage financing products in the
market. Challenges faced by these banks, among others, is access to long term capital to
finance mortgage financing assets in their balance sheet. It is expected that, the
establishment of TMRC will go some way to alleviate this problem by providing the required
capital through refinancing mortgage loans issued by member banks. Among the expected
outcomes is an increase in mortgage financing loans which will be issued for longer period at
competitive rates.
3. ECONOMIC ENVIRONMENT AND BANKING SECTOR OVERVIEW

3.1 Economic Environment Overview
Tanzania GDP grew by 7% in 2010 up from 6% that was achieved in 2009. Higher growth
rates were recorded in all sectors (compared to 2009) except for manufacturing which
maintained the same pattern. Growth was particularly strong in communication, financial
intermediation, electricity and construction. Average inflation was 7% down from 10.5% in
2009.
The economy of Tanzania is estimated to attain a real GDP of 6.1% during 2012 after an
estimated 6.2% expansion in 20113. Domestic demand is expected to be the main driver of
the economy. In addition to that, mining is likely to continue to underpin GDP growth.
The table below highlights key economic indicators for Tanzania.
Table 6: Macroeconomic Indicators
2006
2007
2008
2009
2010
GDP (at current prices) millions TZS
17,941
20,948
24,782
28,213
32,293
GDP (at constant 2001 prices) millions TZS
12,881
13,802
14,828
15,721
16,829
Inflation rate
7.30%
7.00%
10.30%
12.10%
5.50%
Exchange rate (against USD) - Average ending June
1,183
1,267
1,184
1,314
1,332
GDP growth
Discount rate (Central Bank) End June
6.70%
7.10%
7.40%
6.00%
7.00%
13.40%
21.40%
12.80%
10.30%
7.58%
Source: Bank of Tanzania and National Bureau of Statistics
Sectors contribution to the GDP is provided in the table below.

Table 7: Sectors Contribution to the GDP
GDP in Tshs millions
Agriculture, Hunting and
Forestry
2006
2007
2008
2009
2010
4,708,556
5,413,257
6,374,476
6,945,213
7,782,138
241,454
277,189
296,592
399,715
459,673
Industry and Construction
3,723,978
4,431,057
5,194,434
6,193,765
7,225,731
Services
Gross value added before
adjustments
7,773,898
9,076,622
10,846,587
12,300,072
14,188,185
16,447,886
19,198,125
22,712,088
25,838,765
29,655,727
-169,661
-208,281
-260,029
-328,478
-358,049
16,278,225
18,989,844
22,452,059
25,510,287
29,297,678
Fishing
Less: FISM
Gross value added: current
basic prices
Add: Taxes on products
1,663,043
1,958,559
2,329,620
2,702,359
2,995,802
17,941,268
20,948,403
24,781,679
28,212,646
32,293,480
26%
26%
26%
25%
24%
1%
1%
1%
1%
1%
Industry and Construction
21%
21%
21%
22%
22%
Services
Gross value added before
adjustments
43%
43%
44%
44%
44%
92%
92%
92%
92%
92%
Less: FISM
Gross value added: current
basic prices
-1%
-1%
-1%
-1%
-1%
91%
91%
91%
90%
91%
GDP (at current market prices)

Percentage of GDP
Agriculture, Hunting and
Forestry
Fishing
Add: Taxes on products

GDP (at current market prices)
9%
9%
9%
10%
9%
100%
100%
100%
100%
100%
HIS Global Insight

7

Source: National Bureau of Standards and Ernst & Young Analysis
On average, contribution of the financial sector to the GDP has been 1.68% over the past five
years as shown below.
Table 8: Financial Sector Contribution to the GDP
GDP in Tshs million
Financial intermediation (Under services)
2006
2007
2008
2009
2010
299,734
345,000
403,727
477,492
567,822
1.67%
1.65%
1.63%
1.69%
1.76%
Percentage of total GDP
Source: National Bureau of Statistics and Ernst & Young Analysis
3.2 The Banking Sector Overview

According to BOT, there were 45 institutions in the banking sector. These include 8 large
banks, 19 Medium banks, 14 regional & small banks and 3 NBFIs.
The sectors balance sheet continued its growth with total assets increasing by 16% (26% in
2010). This growth is contributed mainly by cash and bank balances with BOT which grew at
34% (18% in 2010) and Loans and advances which grew by 29% (21% in 2010)
The table below gives a snapshot of balance sheet for the past five (5) years.
Table 9: Snapshot of Balance Sheet Summary over 5 Years
Amounts in Tshs million
Cash and Balances with BoT
Balances w/other banks
Investment in Government & Debt Securities
Loans, Advances & Overdrafts (NET)
Other assets
Total Assets
Customer deposits
Deposits from other banks
Other Liabilities
Total Liabilities
Paid up share capital
Retained Earnings
Profit & Loss Account
Others
Total Shareholders Funds
2007
2008
2009
2010
2011
744,026
1,258,543
1,603,491
2,833,031
464,742
6,903,832
5,229,454
510,985
384,969
6,125,408
255,383
321,421
110,388
91,232
778,424
859,552
1,113,656
1,548,614
4,163,019
591,671
8,276,512
6,400,796
350,531
551,393
7,302,720
293,821
410,806
154,542
114,623
973,792
1,412,919
1,458,686
1,719,470
4,534,091
692,106
9,817,271
7,906,561
253,706
408,250
8,568,517
407,002
534,649
185,024
122,079
1,248,755
1,672,966
1,857,145
2,441,708
5,485,269
907,670
12,364,757
9,846,585
509,064
490,019
10,845,669
533,687
695,453
154,195
135,753
1,519,089
2,245,488
1,932,141
2,030,413
7,099,527
974,169
14,281,738
11,395,876
535,657
611,735
12,543,268
644,345
788,887
174,450
130,789
1,738,471
On the liabilities side, customers deposits increased by 16% (25% in 2010) and paid up share
capital grew by 21% (31% in 2010). The table below shows changes in the balance sheet
items for the last five years
Table 10: Balance Sheet Changes for the 5 years
Balance Sheet Change over 5 years
Item
2007
56%
18%
32%
28%
Other Assets
47%
Total Assets
30%
Customer Deposits
23%
100%
Other Liabilities
40%
Total Liabilities
28%
44%
Retained Earnings
53%
Others
41%
Total Shareholder's Funds
48%
2008
16%
-12%
-3%
47%
27%
20%
22%
-31%
43%
19%
15%
31%
26%
25%
2009
64%
31%
11%
9%
17%
19%
24%
-28%
-26%
17%
39%
27%
7%
28%
2010
18%
27%
42%
21%
31%
26%
25%
101%
20%
27%
31%
18%
11%
22%
2011
34%
4%
-17%
29%
7%
16%
16%
5%
25%
16%
21%
13%
-4%
14%
The table below shows income statement for the past 5 years.
8
Table 11: Snapshot of Income Statement for the 5 Years

Income Statement for the last five years
Amounts in Tshs million
Interest income
Interest expense
Net Interest Income
Bad debt provisions and writte offs
Non interest Income
Foreign exchange gain/loss
Fees, Commissions & other income
Other Income
Gross Income
Non interest expense
Operating Income/(loss) before tax
Income tax Provision
Net Income after Income Tax
Number of employees
2007
2008
2009
2010
2011
605,584
(162,077)
443,507
(18,537)
223,744
73,976
131,756
18,011
648,714
(350,540)
298,175
(89,072)
209,022
7,776
679,764
(154,987)
524,777
(28,392)
260,762
91,389
150,271
19,102
757,147
(457,437)
299,181
(88,959)
208,770
9,020
787,069
(204,092)
582,977
(74,481)
323,271
122,027
177,130
24,115
831,768
(530,096)
301,329
(82,934)
217,018
9,801
845,300
(202,417)
642,884
(104,612)
436,675
174,615
232,757
29,304
974,948
(697,513)
277,434
(81,998)
197,009
10,865
1,036,533
(230,005)
806,528
(90,969)
474,499
145,261
300,603
28,634
1,190,057
(860,420)
329,637
(98,682)
230,973
11,930
Net interest income grew by 25% in 2011. This growth resulted from 23% growth in interest
income which grew quicker than interest expense which grew at only 14%. Provision for bad
debts reduced by 13% in 2011 (compared to an increase of 40% recorded in 2010). Non
interest income grew by 9% (35% in 2010) and Non interest expense grew by 22% (compared
to 17% recorded in 2010). The following table shows change in the income statement items
for the last five years.
Table 12: Income Statement Changes Over 5 Years
% Change
Interest income
Interest expense
Net Interest Income
Bad debt provisions and writte offs
Non interest Income
Foreign exchange gain/loss
Fees, Commissions & other income
Other Income
Gross Income
Non interest expense
Operating Income/(loss) before tax
Net Income after Income Tax
Number of employees
Income Statement
2007
38%
51%
34%
-67%
30%
67%
26%
-24%
44%
34%
59%
60%
26%
2008
12%
-4%
18%
53%
17%
24%
14%
6%
17%
30%
0.3%
-0.1%
16%
2009
16%
32%
11%
162%
24%
34%
18%
26%
10%
16%
1%
4%
9%
2010
7%
-1%
10%
40%
35%
43%
31%
22%
17%
32%
-8%
-9%
11%
2011
23%
14%
25%
-13%
9%
-17%
29%
-2%
22%
23%
19%
17%
10%
4. PROFITABILITY
The analysis has used several ratios to measure profitability as presented below
Table 13: Profitability & Earnings Ratios for the 5 Year Period
Earnings & Profitability Ratios
2007
2008
2009
2010
2011
Loans & Advances to Total Assets
41.0%
50.3%
46.2%
44.4%
49.7%
Non Interest Expense to Interest Income
57.9%
67.3%
67.4%
82.5%
83.0%
ROAA
3.4%
2.8%
2.4%
1.8%
1.7%
ROAE
32.1%
23.8%
19.5%
14.2%
14.2%
8.7%
8.4%
8.0%
7.3%
7.6%
Non Interest Expense to Gross Income
42.3%
48.6%
47.7%
54.4%
56.9%
Gross Loans to Deposits
55.7%
66.2%
59.2%
57.6%
64.1%
Interest Income to Total Income
73.0%
72.3%
70.9%
65.9%
68.6%
Interest Margin
73.2%
77.2%
74.1%
76.1%
77.8%
Earning Assets to Total Assets
82.5%
82.6%
79.4%
80.3%
78.6%
Net Interest Margin
17.6%
15.0%
13.4%
12.8%
12.8%
Total Expenses to Interest Income
84.6%
90.1%
93.3%
106.5%
105.2%
Interest Margin to Average Earning Assets
Loans & advances to total assets increased to 49.7% in 2011 (44.4% in 2010). Earning
assets to total assets decreased to 78.6% (80.3% in 2010).
Gross loans to deposits increased to 64.1% from 57.6% in 2010. Despite the increase, the
industry ratio is still below the BoT prudential limit of 80%.
Non interest expense to interest income has been increasing for the last five years to 83% in
2011 (from 57.9% in 2007), interest margin increased to 77.8% (76.1% in 2010), interest
margin to average earning assets has gone up to 7.6% (from 7.3% in 2010), net interest
margin remained at 2010 levels (12.8% ), and total expenses to interest income dropped to
105.2% (from 106.5% in 2010).
All institutions reported profits this year (2011) with the exception of 11 namely; Access
Bank, Bank ABC, CBA, Ecobank, FNB, UBA, Advans, Amana, Efatha, TCB and TWB which
recorded losses before and after tax. Losses for FNB and Amana are explained by the fact
that 2011 was their first year of operations.
4.1 Return on Average Assets and Equity
The sectors ROAA dropped to 1.7% in 2011 (1.8 in 2010, 2.4% in 2009, 2.8% in 2008 and
3.4% in 2007). While historically large banks have been leading, this year NBFI have lead at
2.13% followed by large banks at 2.08%. The graph below provides the ROAA ratios for the
four categories.
10
Figure 2: ROAA for peer banks
High performing banks on ROAA are NMB (3.4%), DCB (3.4%), Mbinga (3.1%), CitiBank (3.1%)
and Standard Chartered (3.1%). See Appendix III for the graph for the individual banks.
ROAE for 2011 was at the same level as 2010 (14.2%) for the sector. Among the four
groups, large banks are leading at 18.5% (2010 at 16.9%) followed by NBFIs at 7.6% (2010
at 4.3%). The following graph shows ROAE for the four groups for the last five years.
Figure 3: ROAE for peer banks
A graph showing ROAE for all the banks in the sector is provided in Appendix III
11
5. EFFICIENCY
Efficiency and Profitability ratios are interconnected. The reason being, efficiency is a major
determinant of profitability, meaning that the more efficient a bank is the higher its
profitability. There are two main sources of banks revenue; these are fees plus commissions
and interest on loans and advances portfolio.
The table below shows an overview of efficiency ratios to the sector for the five (5) year
period.
Table 14: Sector's Efficiency Ratios
Tanzania Banking Sector (Total)
Efficiency Ratios
2007
2008
2009
2010
2011
Operating Efficiency
12.3%
11.4%
11.9%
11.8%
11.6%
2,523,687
3,498,025
4,348,555
5,009,680
6,292,398
325
388
444
461
527
38
33
31
26
28
Staff Income to Staff Portfolio
11.8%
8.6%
6.9%
5.6%
5.2%
Portfolio Yield
14.8%
12.9%
13.0%
11.3%
11.3%
Gross Yield on Earning Assets
11.9%
10.8%
10.8%
9.5%
9.8%
2.8%
2.3%
2.5%
2.0%
1.9%
2.5%
1.4%
1.2%
-0.4%
-0.3%
Yield to Rate on Funds
12.0%
10.6%
10.5%
9.4%
9.4%
Govt Securities as % Earning Assets
28.1%
22.7%
22.0%
24.6%
18.1%
Loan Portfolio (TZS Million)

Loan Portfolio per Staff (TZS Million)
Earnings per Staff (TZS Million)
Rates Paid on Funds

Portfolio Yield to Operating
Efficiency
5.1 Operating Efficiency

Operating efficiency shows expenses as a percent of loans and advances. Overall, the
sectors operating efficiency was at 11.6% (compared to 11.8% in 2010). As shown in the
table below, large banks are the most efficient followed by Medium banks and Regional and
small banks are the least efficient.
Figure 4: Efficiency for peer banks
The most efficient banks in the sector for 2011 was CitiBank (4%), Mbinga (5%), BOB (5%)
and I&M (8%). The least efficient banks were Amana (42%), Advans (40%), FNB (36%), UBA
(33%) and TCB (31%). High inefficiency level for Amana, Advans and FNB are due to the fact
that the banks are new.
12
The growth showing operating efficiency for individual banks is provided in appendix III
5.2 Portfolio Yield
Another measure of efficiency is through portfolio yield ratio. The ratio tells what interest
income banks loans and advances portfolio earned. The average portfolio yield for 2011 was
11.3% which is the same level as 2010.
Regional and small banks have the highest portifolio yield followed by NBFIs. The table below
shows portifolio yield for the four categories.
Figure 5: Portfolio Yield for peer banks
Banks with the highest portfolio yield were Access (26%), DCB (26%), Mufindi (24%), TPB
(22%), Akiba (22%), Njombe (22%) and Mwanga (20%).
A graph showing portifolio yield for individual banks is provided in appendix III
5.3 Portfolio Yield to Operating Efficiency
Portfolio Yield to Operating Efficiency is a ratio in which the yield is compared to the cost of
generating that yield. Ideally, the yield should be higher than the operating efficiency. The
sectors average yield to operating efficiency ratio for 2011 was -0.3%, ( -0.4% 2010) , (1.2%
in 2009, 1.4% in 2008 and 2.5% in 2007).
The banks with the highest ratios were DCB (6%), TIB (3%), BOB (3%) and NMB (3%)
In terms of peer groups, all except large showed a negative portfolio yield to operating
efficiency.
The graphs below show portfolio yield to operating efficiency for peer groups.
13
Figure 6: Portfolio Yields to Operating Efficiency
Portifolio yield for the individual institutions is provided in the appendix III
5.4 Staff Productivity
Earnings per staff is another measure of efficiency. The ratio measures theoretically, each
staff members contribution to profitability.
Earnings per staff for the sector rose to Tshs 27.6 million in 2010 from Tshs 25.7 million in
2010. As shown in the table below large banks have the highest earnings per staff, followed
by NBFIs and Regional and small banks have the lowest earnings per staff.
Figure 7: Earnings per staff
CitiBank had the highest earnings per staff (at Tshs 488 million) followed by Standard
Chartered (Tshs 127 million), Bank of Baroda (Tshs 66 millon), I&M (Tshs 60), Stanbic (Tshs
53 million) and Bank M (Tshs 50 million). A graph showing earnings per staff for individual
banks is provided in appendix III
14
The other staff productivity-related ratio is the staff income to staff portfolio which shows
the net income each staff earned in percentage terms from the average portfolio each
theoretically manages. The ratio is calculated by using two ratios which are net income per
staff as a percentage of portfolio per staff.
The average staff income to staff portfolio ratio for the whole sector was 5.2% in 2011 (5.6%
in 2010, 6.9% in 2009, 8.6% in 2008, 11.8% in 2007, and 8.5% in 2006).
Banks with highest ratio were Citibank (25%), NMB (10%), Habib (9%), Standard Chartered
(9%) and DCB (8%). 11 banks out of 44 recorded a negative staff income to staff portfolio.
These banks were FNB (-2701%), Amana (-763%), Advans (-161%), UBA (-33%), Ecobank (33%), TCB (-32%), Efatha (-13%), TWB (-3%), Access (-3%), CBA (-1%) and BancABC (-1%).
In peer comparison, large group leads with 6.3% followed by NBFIs with 4.1%.
The graph below shows peer group comparison for the five (5) year period.
Figure 8: Peer Group Staff Income to Staff Portfolio
5.5 Rates Paid on Funds

Rates paid on funds show the average rate a bank pays on borrowed funds. In Tanzanian
banking sector, customer deposits make up most of the funds borrowed. By comparing this
to the portfolio yield, one gets a third ratio which is yield to rate on funds. In 2010, the rates
paid on funds ratio stood at an average rate of 1.9% in 2011(2.0% in 2010, 2.5% in 2009,
2.3% in 2008 and 2.8% in 2007). The most expensive borrowed funds were those in Mwanga
(7%), DCB (7%), TWB (6%), Azania (6%) and BancABC (6%). On the other hand, the least
expensive ones were Amana (0%), NMB (0.4%), Advans (0.6%), and FNB (0.6%).
5.6 Portfolio Quality
The banking sector provision for bad and doubtful debts declined by 23% in 2011 (increased
by 48% in 2010, 154% in 2009, 60% in 2008, and -67% in 2007). On the contrary, bad debts
written off showed increased by 1011% (-135% decrease in 2010, increase of 1,273% in
2009, -77% in 2008, and -36% in 2007).
The sector showed an average of 6.4% for non- performing loans to gross loans & advances
(8.4% in 2010, 6.4% in 2009, 4.2% in 2008 and 6.1% in 2007)
15
Among the peer groups, Large showed 6.5%, Medium (5.9%), NBFIs (15.1%) and Regional
and Small showed 8.5%.
16
6. CAPITAL ADEQUACY
6.1 Overview
The table below shows different ratios which have been used to analyse capital adequacy for
the banking sector
Table 15: Sector's Financial Soundness Ratios
Tanzania Banking Sector (Total)
Financial Soundness Ratios
2007
2008
2009
2010
2011
6.1%
4.2%
6.4%
8.4%
6.7%
Total Capital to RWAs
17.8%
17.3%
19.0%
18.4%
16.9%
Core Capital to RWAs
16.4%
15.8%
17.8%
17.4%
16.1%
Interest Margin to Gross Income
53.5%
55.8%
52.5%
50.1%
53.4%
Liquid Assets to Total Assets
54.0%
44.3%
48.0%
49.8%
45.0%
Liquid Assets to Deposit Liabilities
64.9%
53.6%
57.7%
59.4%
53.9%
Total Capital to Deposit Liabilities
13.6%
14.2%
15.3%
14.7%
14.6%
Capital Adequacy
11.3%
11.8%
12.7%
12.3%
12.2%
Non-Performing Loans to Gross Loans & Advances
6.2 Asset Structure Overview

The Balance sheet size increased to Tshs 14,364 Billion from Tshs 12,365 Billion in 2010
representing 16% increase. The increase was mainly applied in the Cash and balances with
BOT 34% (18% in 2010) and loans, advances and overdrafts which were up by 29% (21% in
2010 and 9% in 2009). Similarly, deposits increased by 16% in 2011 (25% in 2010, 24% in
2009, 22% in 2008, and 23% in 2007).
The table below gives a snapshot.
Table 16: Sector's Asset Structure
2007
2008
2009
2010
2011
2007
2008
Amounts in Tshs billion

Loans, Advances & Overdrafts
(NET)
Customer deposits
2009
2010
2011
64%
18%
34%
% Change
744
860
1,413
1,673
2,245
56%
16%
2,833
4,163
4,534
5,229
6,401
7,907
5,485
7,100
28%
47%
9%
21%
29%
9,847
11,396
23%
22%
24%
25%
255
294
407
16%
534
644
44%
15%
39%
31%
21%
Loans and advances represented 50% of the sectors total assets (up from 44% in 2010). This
was followed by cash and bank balances with BOT at 16% (up from 14% in 2010).
The table below shows assets composition with the percentage share.
Table 17: Sector's Percentage Share of Total Assets
Other assets
Total Assets
2007
11%
18%
23%
41%
7%
100%
2008
10%
13%
19%
50%
7%
100%
2009
14%
15%
18%
46%
7%
100%
2010
14%
15%
20%
44%
7%
100%
2011
16%
14%
14%
50%
7%
100%
Large banks share of total assets continues to decrease: 74% in 2010 (76% in 2010, 78% in
2009, 80% in 2008 and 83% in 2007). The decrease in large banks total assets is mainly
resulted by medium group taking share from these banks. The share of total assets for the
medium bank has increased to 21% (19.4% in 2010 and 17.6% in 2009). Similarly for NBFIs
share of total assets has increased to 4% in 2011(3% in 2010, 3.3% in 2009) and Regional
and Small to 2% in 2011% (1.4% in 2010 , 1.2% in 2009). Another reason for this is the new
entry of banks in the sector.
The table below shows large banks share of total assets to the sector.
17
Table 18: Large Banks Share of Total Assets

Total Assets
2006
2007
2008
2009
2010
2011
Large
84%
83%
80%
78%
76%
74%
Medium
11%
13%
16%
18%
19%
21%
NBFIs
3%
4%
3%
3%
3%
4%
Regional & Small
1%
1%
1%
1%
1%
2%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Total Sector
Large group still dominates the banking sector in relation to total assets as shown in the
table below
Table 19: Sector's Total Assets for the 5 Year Period
Total Assets
Assets
2007
2008
2009
2010
2011
5,714,641
6,655,811
7,651,599
9,351,267
10,565,638
Medium
874,632
1,284,190
1,722,985
2,402,536
2,963,252
NBFIs
256,468
260,229
323,301
426,859
509,132
58,091
76,281
119,386
184,095
243,716
6,903,832
8,276,512
9,817,271
12,364,757
14,281,738
Large
Regional & Small

Total Sector
As shown on the graph below, loans, advances and overdrafts consist the largest portion of
total assets (50%) followed by cash and balances with BOT (16%), Investment in government
and debt securities (14%), Balances with other banks (14%) and other assets (7%)
Figure 9: Asset Composition
18
6.3 Funding (Liabilities) Structure Analysis

Total funding for the sector was Tshs 14,281.7 billion in 2011 (Tshs 12,364.7 billion in 2010
). The main component of the funding structure as expected was customer deposits which
was 79.8% (79.6% in 2010) followed by core capital 11.3% (11.2% in 2010), deposits from
other banks 3.8% (4.1% in 2010), other liabilities 4.3% (4.0% in 2010).
The tables below show sectors funding composition for the five (5) year period.
Table 20: Sector's Funding Structure
Customer deposits
Other Liabilities
Retained Earnings
Others
2007
5,229,454
510,985
384,969
255,383
321,421
110,388
91,232
6,903,832
2008
6,400,796
350,531
551,393
293,821
410,806
154,542
114,623
8,276,512
2009
7,906,561
253,706
408,250
407,002
534,649
185,024
122,079
9,817,272
2010
9,846,585
509,064
490,019
533,687
695,453
154,195
135,753
12,364,757
2011
11,395,876
535,657
611,735
644,345
788,887
174,450
130,789
14,281,738
Table 21: Sector's Funding Structure Changes for the 5 Year Period
Customer deposits
Other Liabilities
Retained Earnings
Others
Sectors Funding structure

2007
2008
76%
77%
7%
4%
6%
7%
4%
4%
5%
5%
2%
2%
1%
1%
100%
100%
2009
81%
3%
4%
4%
5%
2%
1%
100%
2010
79.6%
4.1%
4.0%
4.3%
5.6%
1.2%
1.1%
100.0%
2011
79.8%
3.8%
4.3%
4.5%
5.5%
1.2%
0.9%
100.0%
The graph below shows funding composition to the sector for 2010.
Figure 10: Sector's Funding Composition
The graph below shows peer groups share of customer deposits for the five (5) year period.
Customer deposits for the sector in 2011 increased to Tshs 11,395.8 Billion from Tshs
9,846.5 Billion in 2010 representing a 14% increase.
19
Figure 11: Peer Group Share of Customer Deposits
Share of customer deposits among large banks is as shown in the graph below.
Figure 12: Share of Customer Deposits in Large Banks
Share of customer deposits among medium banks is shown in the graph below.
20
Figure 13: Share of Customer Deposits in Medium Banks
Share of customer deposits among regional and small banks is shown in the graph below.
Figure 14: Share of customers deposits in small banks
Share of customer deposits among NBFIs is provided in the chart below.
21
Figure 15: Share of Customer Deposits among NBFIs
6.4 Financial Soundness

During 2011, the sector aggregate capital (Total Shareholders Funds) increased by 14%
(22% in 2010, 28% in 2009, 25% in 2008 and 48% in 2007). The increase was mainly
contributed by share capital of 21% (31% 2010) and retained earnings of 13% (30% 2010).
The table below gives a snapshot of aggregate capital for the sector.
Table 22: Sector's Aggregate Capital for the 5 Year Period
Retained Earnings
2007
255,383
321,421
110,388
687,192
2008
293,821
410,806
154,542
859,169
2009
407,002
534,649
185,024
1,126,676
2010
533,687
695,453
154,195
1,383,335
2011
644,345
788,887
174,450
1,607,682
The chart below shows changes in aggregate capital.

Figure 16: Changes in Capital Structure
In relation to Risk Weighted Assets (RWAs) and off balance sheet items, the sector average
for core capital to RWAs was 16% (17% in 2010 ) and for the total capital to RWAs it was 17%
in 2011 (18% in 2010). The ratios are well above the statutory minimum requirement by BoT
of 10% and 12% respectively.
22
The graph below shows total capital to RWAs for the five (5) year period for the peer groups.
Figure 17: Total Capital to RWAs
Furthermore, financial soundness has also been measured using total capital to total
deposits liabilities. The sectors average ratio remained at 15% for 2011. 2010 and 2009.
The ratio is well above the statutory minimum requirement of 8% by the BoT. Three banks
were short of the minimum requirement (Kagera 5.7%, Kili 7.3%, TCB -18.2%)
6.5 Liquidity Analysis
The sector recorded an overall ratio of liquid assets to total assets of 45% (50% in 2010). The
liquid assets to deposit liabilities ratio was 54% (59% in 2010).
Reduction in the liquidity ratios was driven by reduction in investments in Government
securities. Investment in Government Securities as a % of total Assets was at 14% which was
the lowest for the last six years. Banks with high ratios includes the following: Amana (80%),
FNB (76%), Citi (71%), Mkombozi (62%) and ICB (61%).
The graph below shows liquid assets to total assets for peer groups for the five year period.
Figure 18: Liquid Assets to Total Assets
23
6.6 Earnings Analysis

The sector gross income ratio increased by 22% (17% in 2010). The table below shows the
increase for the five (5) year period.
Table 23: Sector's Earnings
Gross Income
2006
449,207
2007
648,714
44%
2008
757,147
17%
2009
831,768
10%
2010
974,948
17%
2011
1,190,057
22%
All banks reported positive gross income.

Interest income grew by 23% (7% in 2011) whilst interest expense increased by 14% in 2011
leading to net interest income increase of 25%.
The table below shows sectors net income changes for the five (5) year period
Table 24: Sector's Net Income
Net income
2006
332,179
2007
443,507
34%
2008
524,777
18%
2009
582,977
11%
2010
642,884
10%
2011
806,528
25%
24
Appendix I: Ratio Calculations and Definitions

The following ratios were used in the supplement:
1.
Efficiency Ratios
Operational Efficiency (%): Non Interest Expense + Interest Expense/Loans &
Advances (including inter-bank) + Probable Losses. To determine how efficient the
bank has been in making its loans i.e. keeping its costs down. The lower the % the
more efficient the bank.
Average Loan Portfolio: The loans and advances for the current and preceding period
divided by 2. To show the increase/decrease in loan portfolio over the period under
review.
Loan Portfolio per Staff: Loans & Advances + Probable Losses/by number of staff. To
show theoretical staff productivity in terms of amount of loans per staff.
Income to Staff: Profit before tax/number of staff. To show, again theoretically, how
much each staff has contributed to the banks earnings
Staff Income to Staff Portfolio (%): The result of earnings to staff (4, above) as a % of
result of portfolio to staff (3). To show how much each staff has contributed on
average to the banks earnings. In theory this suggests that a bank with a higher ratio
has more productive staff
Portfolio Yield (%): Interest Income/Loans & Advances. To tell us what the portfolio
actually earned. Ideally this should be at least equal to (and preferably better than)
the banks annual interest rate. A yield lower than the interest rate means there are
one or a number of inefficiencies. (Note: the interest income figure may also include
interest earned from non-lending sources)
Gross Yield on Earning Assets (%): Interest Income /Earning Assets: Shows the gross
interest income earned from all earning assets. This % can be compared to other
investments such as Treasury Bills.
Rates Paid on Funds (%): Interest expense/Customer Deposits. Basically this gives the
average deposit interest rate paid by the bank on customer deposits (Note: the
interest expense may include interest on other borrowed funds)
Portfolio Yield to Operating Efficiency (%): The result of the Portfolio Yield (6) minus
the result of the Operating efficiency (1). The yield is compared to the costs incurred
(operating efficiency %) to generate that yield. The yield % should obviously be higher
than the Operating efficiency %.
Government Securities to Earning Assets (%): Shows to what extent Earning Assets
are made up of Government Securities (as opposed, for example, to loans and
advances)
Loans & Advances to Total Assets (%): Loans & Advances as a % of total assets
2.
Profitability and Earnings Ratios

Return on Total Assets (%): Using profit after tax, to show the returns generated by
the banks assets
Return on Total Equity (%): Using Shareholders funds, to show the return to
Shareholders from the banks operations
Interest Margin to Earning Assets (%): Shows the net interest income earned on the
banks earning assets.
25
Non-Interest Expense to Interest Income (%): To show how much non-interest expense
would eat into interest income especially if interest income was the banks only
income source. In other words, is the bank earning enough from its main source of
income to cover other major (non-interest) expenses
Non-Interest Expense to Total income (%): To show the extent to which non-interest
expense would eat into total income
Gross Loans to Deposits (%): Loans and Advances + Probable Losses/Customer
deposits.
Interest Income to Total income (%): To show the extent to which interest income is
the banks major source of income (as it should be)
Interest Margin (%): Interest Income-Interest Expense/Interest Income: This shows the
banks net interest income. The higher the interest margin % the more efficient is the
banks interest policy
Earning Assets to Total Assets (%): To show the composition of the banks assets and if
most of them are earning assets and how efficiently and productively the bank uses
those earning assets
Interest Margin to Loans & Advances (%): This is also known as Net Interest Margin and
is Interest Income- Interest Expense/Loans & Advances. This shows net interest
earned by the bank on its loans & advances
Total Expenses to Interest Income (%): To show the extent to which the banks interest
income covers total expenses if, hypothetically, assuming that interest income was
the banks only source of income
Interest Margin to Gross Income (%): Interest Margin/Interest and Non-interest
income. To demonstrate how much of the banks net interest earnings made up total
earnings
3.

Non-Performing Loans Ratio (%): Non-performing loans/loans & advances + probable
losses. Tells how well the bank is managing its loan portfolio. The lower the % the
better managed the portfolio
Capital to Risk Weighted Assets plus Off Balance Sheet Exposures (%): Shows the
degree to which creditors are covered first, by Total capital and then by Core Capital
only
Liquid Assets to Total Assets (%): To show the extent of the banks liquidity. To be
compared to the BOT minimum
Liquid Assets to Deposit Liabilities (%): To show how much liquid assets the bank has
to cover Customer deposits e.g. in the event of a run on the bank.
Total Capital to Deposit Liabilities (%): Shows how much cover there is from total
capital on all the banks Deposit liabilities
Please Note that some of the ratios, adherence to the exact definition per the Bank of Tanzania.
Furthermore, ratios in the review may be limited by the level of detail of information disclosed by
banks. The following definition reflects to some of the ratios:
Core Capital = Paid up share capital + share premium + preference shares + retained
earnings + profit and loss account
Total Capital = Total shareholders funds
Off Balance Sheet Exposures = Contingent liabilities
26
RWAs Risk Weighted Assets is a 'minimum' amount of capital that banks should hold.
This minimum capital is a percentage of the total capital of a bank, which is also called
the minimum risk-based capital adequacy. Indeed, RWAs calculated as: cash * 0%
+Balance with BoT*0 + (Balances with other banks + Interbank loans and receivables)
* 20% + (investment in Government securities + investment in debt securities) * 0%
+cheques and items for clearing*0.5+loans, advances and overdrafts * 100% +
Accounts receivable*100+Bills negotiated*100%+Equity investment*100+Fixed
Assets*100%+
customers
liabilities
acceptable*100%
+
Inter-branch
suspense*100%+Other assets*100
Liquid assets - An asset is said to be liquid if it can be sold quickly without significant
losses and has low risk with short maturity period (less price sensitive to interest rate
movements with unlikely capital losses). Typical examples of bank assets are cash,
reserves, securities (Government debt and commercial paper) and inter-bank loans.
The calculation for liquid assets: Cash + Balances with Bank of Tanzania + Balances
with other banks + Inter-bank loans and receivables + Cheques and items for clearing
+ Investment in Government securities + Investment in debt securities.
27
Appendix II: Summary of Ratios

Table 25: Total Assets
Total Assets
Tshs Million
2006
2007
2008
2009
2010
2011
Barclays
325,091
475,651
542,693
433,407
514,087
607,307
Citibank
488,222
446,107
344,095
403,672
548,582
746,961
CRDB
898,303
1,142,669
1,449,800
1,854,868
2,305,225
2,713,641
Exim
267,020
376,612
478,429
566,433
687,032
809,031
NBC
810,442
962,634
1,135,527
1,294,606
1,468,367
1,502,693
NMB
795,425
1,158,310
1,384,268
1,669,333
2,107,078
2,170,250
Stan Chart
556,585
650,641
851,443
853,044
1,071,825
1,227,266
Stanbic
321,097
502,017
469,556
576,236
649,071
788,489
Access
6,397
8,372
20,809
30,097
51,325
Akiba
37,060
43,391
59,103
74,062
91,183
102,555
Azania
50,553
76,412
103,965
149,153
178,216
188,490
BancABC
47,693
92,030
139,376
164,226
222,720
260,154
31,200
67,587
106,508
193,298
310,108
BOA
68,164
89,485
123,443
166,179
232,725
283,614
BOB
42,929
60,480
69,508
81,996
91,624
106,657
13,529
29,601
39,175
51,481
CBA
23,155
51,935
102,045
159,053
236,664
235,362
I&M
29,509
42,566
63,850
80,009
138,942
199,982
DTrust
Bank M
BOI
75,539
107,785
156,873
203,524
269,910
321,590
Ecobank
29,770
65,627
FNB
38,675
Habib
40,420
52,944
66,939
74,356
97,905
110,474
ICB
31,223
37,515
42,268
61,804
72,563
79,235
KCB
50,944
66,483
107,537
142,685
201,313
206,897
PBZ
72,327
73,431
102,588
120,445
142,062
170,383
NIC
35,655
42,578
57,207
65,550
95,606
133,929
23,025
38,763
46,714
TIB
76,257
135,438
134,567
169,617
246,248
305,803
TPB
73,278
84,445
86,489
97,361
121,281
136,240
Twiga
28,691
36,585
39,173
56,323
59,330
67,089
Advans
6,698
Amana
26,111
29,068
34,543
47,850
71,837
95,213
99,359
6,347
8,848
Kagera
2,600
3,336
4,600
5,167
5,175
4,984
Kili Coop
4,875
5,291
5,092
5,576
6,060
7,599
Mbinga
1,694
2,095
2,233
2,534
5,286
7,559
8,700
25,164
33,645
Mufindi
3,470
4,055
4,296
4,844
6,856
8,277
Mwanga
3,084
4,233
5,506
6,441
6,182
6,565
Njombe
2,289
TCB
240
603
507
1,200
TWB
5,240
16,938
18,672
UBA
DCB
Efatha
Mkombozi
Uchumi
3,656
4,538
6,464
8,444
10,367
11,910
Total Sector
5,294,029
6,903,832
8,276,512
9,817,271
12,364,757
14,281,738
Large
4,462,185
5,714,641
6,655,811
7,651,599
9,351,267
10,565,638
Medium
605,171
874,632
1,284,190
1,722,985
2,402,536
2,963,252
NBFIs
178,226
256,468
260,229
323,301
426,859
509,132
48,447
58,091
76,281
119,386
184,095
243,716
5,294,029
6,903,832
8,276,512
9,817,271
12,364,757
14,281,738
Regional & Small

Total Sector
28
Table 26: Loans, Advances and Overdrafts

Loans, Advances and Overdrafts
Tshs Million
Barclays
Citibank
2006
2007
2008
2009
2010
2011
192,238
221,170
293,895
232,266
221,408
255,172
66,053
94,654
146,653
124,736
96,553
139,143
CRDB
405,772
588,347
836,803
949,505
1,123,348
1,429,262
Exim
123,095
162,197
201,240
250,592
326,610
408,394
NBC
358,117
463,305
664,550
676,500
711,309
682,406
NMB
137,457
345,210
570,578
672,579
857,784
1,123,518
Stan Chart
434,304
333,651
437,065
349,689
458,436
621,937
Stanbic
150,298
128,636
191,521
208,885
326,712
464,443
Access
268
3,181
12,159
15,032
30,425
Akiba
18,672
25,281
32,375
44,558
48,161
63,885
Azania
36,606
49,680
80,434
105,759
100,855
117,531
BancABC
20,814
37,432
98,742
97,896
99,171
121,609
Bank M
16,040
38,154
76,714
117,759
197,914
BOA
17,475
24,102
41,179
71,102
103,106
151,031
BOB
22,355
17,416
21,111
33,894
35,577
45,750
BOI
3,868
13,586
14,769
20,589
CBA
8,118
20,888
38,901
60,953
80,459
110,594
I&M
14,064
20,923
34,771
43,164
75,958
121,601
DTrust
42,442
62,325
92,848
120,136
148,125
192,513
Ecobank
8,082
33,961
FNB
356
Habib
14,291
15,412
22,526
28,583
33,875
47,088
ICB
10,580
11,669
12,917
12,272
12,304
29,085
KCB
17,264
34,483
59,508
83,227
94,442
125,992
PBZ
13,820
14,602
24,824
31,407
33,461
61,973
85,866
NIC
20,723
22,784
28,110
24,274
44,926
UBA
103
2,803
17,389
TIB
27,968
40,458
71,580
81,773
105,556
181,750
TPB
23,260
36,400
45,644
38,178
64,635
66,029
8,744
10,682
24,161
29,444
30,735
38,762
Advans
1,059
Amana
667
Efatha
2,293
3,675
Twiga
18,368
21,243
28,645
41,167
55,987
57,440
Kagera
DCB
1,727
2,194
3,533
3,275
3,011
2,670
Kili Coop
3,057
3,082
2,953
2,372
1,554
3,508
483
1,053
1,156
1,112
2,230
5,229
379
6,623
11,556
Mbinga
Mkombozi
Mufindi
2,461
2,124
2,321
2,467
3,722
5,126
Mwanga
1,519
2,642
3,686
3,795
3,968
4,393
Njombe
1,459
TCB
24
443
255
895
TWB
289
7,857
9,202
2,199
2,678
3,563
4,857
5,820
6,680
Total Sector
2,214,343
2,833,031
4,163,019
4,534,091
5,485,269
7,099,527
Large
1,867,334
2,337,170
3,342,305
3,464,752
4,122,160
5,124,275
Uchumi
Medium
257,224
373,305
633,449
859,788
1,068,864
1,575,152
NBFIs
59,972
87,540
141,385
149,395
200,926
286,541
Regional & Small
29,814
35,016
45,880
60,155
93,319
113,559
2,214,343
2,833,031
4,163,019
4,534,091
5,485,269
7,099,527
Total Sector
29
Table 27: Customer Deposits

Customer Deposits
Tshs Million
2006
2007
2008
2009
2010
2011
Barclays
198,919
249,893
402,433
349,300
406,843
438,460
Citibank
356,049
272,313
217,658
286,287
367,537
592,628
CRDB
791,531
1,013,331
1,273,082
1,621,019
2,032,084
2,408,676
Exim
193,026
265,617
323,206
410,847
529,601
587,722
NBC
678,679
785,472
899,774
1,045,978
1,219,377
1,281,984
NMB
688,097
1,012,690
1,200,484
1,459,399
1,820,137
1,797,479
Stan Chart
463,685
485,588
593,368
650,386
821,653
983,526
Stanbic
248,138
314,570
283,602
443,292
454,273
592,446
Access
136
2,746
12,017
16,730
31,596
Akiba
28,969
35,196
44,656
59,796
75,021
86,204
Azania
35,326
55,213
80,586
120,854
144,515
149,023
BancABC
32,132
27,613
71,403
142,582
122,828
187,147
Bank M
20,830
50,872
83,107
156,247
235,007
BOA
50,302
73,065
104,806
146,433
195,115
225,806
BOB
30,149
46,388
52,249
64,167
71,346
84,110
BOI
5,107
14,784
23,019
34,117
CBA
4,565
16,196
52,328
87,467
131,886
170,793
I&M
23,526
34,246
53,289
64,041
103,450
147,537
DTrust
64,054
85,328
127,410
164,563
220,952
269,381
Ecobank
19,055
48,773
FNB
968
Habib
35,277
46,101
58,517
65,545
85,111
97,274
ICB
27,254
30,453
34,342
50,968
60,621
54,994
KCB
33,682
47,620
91,960
108,212
158,282
157,748
PBZ
65,143
58,204
82,276
96,644
117,703
137,030
NIC
29,855
35,849
48,943
44,702
58,818
79,984
4,257
20,708
33,136
TIB
34,284
69,792
76,679
88,963
113,216
155,785
TPB
63,075
73,569
79,637
88,479
107,327
120,928
Twiga
23,629
27,727
32,535
46,412
48,168
54,234
180
UBA
Advans
Amana
DCB
5,917
24,893
28,498
35,143
55,767
79,166
64,964
Efatha
5,312
7,259
Kagera
2,220
2,517
3,398
4,219
3,877
4,175
Kili Coop
3,650
4,264
4,647
5,380
5,568
6,986
Mbinga
1,439
1,616
1,593
2,008
4,643
3,074
2,195
16,420
21,923
Mufindi
2,845
3,026
2,958
3,474
4,304
5,786
Mwanga
2,176
2,990
4,468
3,344
3,398
3,394
Njombe
1,852
TCB
22
79
463
1,120
TWB
2,769
13,035
14,936
3,027
3,543
4,620
6,825
8,777
9,814
Total Sector
4,239,597
5,229,454
6,400,796
7,906,561
9,846,585
11,395,876
Large
3,618,124
4,399,474
5,193,607
6,266,508
7,651,505
8,682,921
Medium
460,234
612,438
961,490
1,330,139
1,781,407
2,230,628
NBFIs
Regional &
Small
120,988
171,088
188,851
223,854
268,711
330,947
Mkombozi
Uchumi
Total Sector
40,250
46,454
56,848
86,059
144,962
151,380
4,239,597
5,229,454
6,400,796
7,906,561
9,846,585
11,395,876
30
Table 28: Number of Employees

Number of Employees
2006
2007
2008
2009
2010
2011
Barclays
161
567
758
634
683
568
Citibank
65
60
60
55
58
60
CRDB
996
1,153
1,249
1,311
1,438
1,658
Exim
204
258
324
377
477
565
NBC
857
1,141
1,343
1,389
1,496
1,441
NMB
1,750
1,869
2,020
2,478
2,610
2,650
Stan Chart
296
400
435
335
337
375
Stanbic
270
301
306
328
402
433
Access
42
138
163
210
348
Akiba
227
232
255
302
360
424
Azania
72
100
154
159
118
186
BancABC
28
38
38
76
80
103
Bank M
43
80
104
132
179
BOA
70
90
128
161
201
221
BOB
18
26
27
34
35
36
BOI
15
16
18
20
CBA
42
50
61
74
105
123
I&M
45
47
51
57
66
89
DTrust
113
142
151
177
207
248
Ecobank
58
79
FNB
84
72
74
78
79
82
84
Habib
ICB
45
72
76
88
83
84
KCB
100
136
198
235
246
249
PBZ
72
85
115
126
163
191
NIC
72
74
74
84
89
UBA
32
49
61
TIB
81
83
101
108
154
170
TPB
393
411
429
409
392
407
80
95
103
100
106
108
Advans
60
Amana
58
Efatha
22
22
61
72
102
114
132
145
12
21
20
23
23
Twiga
DCB
Kagera
Kili Coop
Mbinga
Mkombozi
Mufindi
29
28
29
30
32
20
22
24
33
37
46
25
37
38
20
24
26
29
33
15
19
25
26
29
29
Njombe
22
TCB
10
22
TWB
16
45
51
14
15
19
22
23
28
Total Sector
6,167
7,776
9,020
9,801
10,865
11,930
Large
4,599
5,749
6,495
6,907
7,501
7,750
Medium
904
1,249
1,639
1,957
2,297
2,898
NBFIs
554
589
633
617
652
685
Regional & Small
110
189
253
320
415
597
6,167
7,776
9,020
9,801
10,865
11,930
Mwanga
Uchumi
Total Sector
31
Table 29: Operating Efficiency

Efficiency Ratios
Operating Efficiency
2006
2007
2008
2009
2010
2011
Barclays
11%
9%
15%
15%
14%
12%
Citibank
5%
10%
10%
6%
5%
4%
CRDB
9%
9%
9%
10%
10%
10%
Exim
12%
11%
12%
13%
11%
11%
NBC
8%
9%
10%
11%
13%
15%
NMB
27%
19%
12%
14%
13%
12%
Stan Chart
10%
15%
10%
10%
10%
9%
Stanbic
11%
15%
8%
9%
10%
10%
6%
49%
32%
29%
29%
Access
Akiba
21%
26%
21%
24%
27%
26%
Azania
14%
15%
15%
15%
13%
16%
BancABC
20%
16%
10%
12%
11%
12%
9%
15%
14%
11%
9%
BOA
14%
11%
15%
14%
14%
14%
BOB
4%
5%
6%
6%
7%
5%
11%
10%
10%
9%
CBA
16%
13%
13%
14%
14%
18%
I&M
9%
8%
8%
8%
6%
8%
10%
9%
10%
10%
Bank M
BOI
DTrust
Ecobank
8%
9%
75%
30%
FNB
Habib
36%
9%
9%
8%
8%
8%
8%
ICB
15%
15%
20%
19%
15%
13%
KCB
13%
22%
17%
16%
15%
13%
PBZ
8%
8%
13%
11%
11%
11%
NIC
10%
11%
14%
UBA
14%
10%
10%
126%
90%
33%
TIB
20%
22%
14%
12%
10%
11%
TPB
40%
35%
31%
37%
28%
25%
Twiga
15%
15%
17%
20%
22%
18%
Advans
40%
Amana
DCB
42%
15%
16%
19%
16%
Efatha
18%
20%
53%
28%
Kagera
16%
20%
18%
14%
17%
18%
Kili Coop
11%
18%
40%
17%
14%
14%
Mbinga
15%
17%
25%
30%
16%
5%
13%
11%
15%
19%
25%
26%
28%
21%
24%
9%
11%
13%
14%
21%
20%
Mkombozi
Mufindi
Mwanga
Njombe
28%
TCB
29%
TWB
39%
99%
31%
16%
16%
18%
Uchumi
13%
13%
13%
14%
16%
13%
Total Sector
11%
12%
11%
12%
12%
12%
Large
10%
12%
11%
11%
11%
11%
Medium
12%
12%
13%
13%
13%
13%
NBFIs
25%
25%
19%
19%
16%
15%
Regional & Small
14%
16%
20%
16%
17%
20%
Total Sector
11%
12%
11%
12%
12%
12%
32
Table 30: Average Loan Portfolio

Efficiency Ratios
Loan Portfolio (TZS Million)

2006
2007
2008
2009
2010
2011
Barclays
192,238
206,704
257,533
263,081
226,837
238,290
Citibank
66,053
80,354
120,654
135,695
110,645
117,848
CRDB
405,772
497,060
712,575
893,154
1,036,427
1,276,305
Exim
123,095
142,646
181,719
225,916
288,601
367,502
NBC
358,117
410,711
563,928
670,525
693,905
696,858
NMB
137,457
241,334
457,894
621,579
765,182
990,651
Stan Chart
434,304
383,978
385,358
393,377
404,063
540,187
Stanbic
150,298
139,467
160,079
200,203
267,799
395,578
Access
134
1,725
7,670
13,596
22,729
Akiba
18,672
21,977
28,828
38,466
46,359
56,023
Azania
36,606
43,143
65,057
93,097
103,307
109,193
BancABC
20,814
29,123
68,087
98,319
98,534
110,390
Bank M
8,020
27,097
57,434
97,236
157,836
BOA
17,475
20,789
32,641
56,141
87,104
127,069
BOB
22,355
19,886
19,264
27,503
34,736
40,664
BOI
1,934
8,727
14,178
17,679
CBA
8,118
14,503
29,895
49,927
70,706
95,527
I&M
14,064
17,493
27,847
38,967
59,561
98,779
DTrust
42,442
52,384
77,587
106,492
134,131
170,319
Ecobank
4,041
21,022
FNB
178
Habib
14,291
14,852
18,969
25,555
31,229
40,481
ICB
10,580
11,125
12,293
12,595
12,288
20,695
KCB
17,264
25,874
46,996
71,368
88,835
110,217
PBZ
13,820
14,211
19,713
28,116
32,434
47,717
NIC
20,723
21,754
25,447
26,192
34,600
65,396
52
1,453
10,096
TIB
27,968
34,213
56,019
76,677
93,665
143,653
TPB
23,260
29,830
41,022
41,911
51,407
65,332
8,744
9,713
17,422
26,803
30,090
34,749
Advans
530
Amana
334
UBA
Twiga
DCB
18,368
19,806
24,944
34,906
48,577
56,713
Efatha
1,146
2,984
Kagera
1,727
1,961
2,864
3,404
3,143
2,841
Kili Coop
3,057
3,070
3,017
2,662
1,963
2,531
483
768
1,104
1,134
1,671
3,729
189
3,501
9,090
Mufindi
2,461
2,293
2,223
2,394
3,095
4,424
Mwanga
1,519
2,080
3,164
3,740
3,881
4,180
Njombe
730
TCB
12
233
349
575
8,529
Mbinga
Mkombozi
TWB
145
4,073
2,199
2,439
3,121
4,210
5,339
6,250
Total Sector
2,214,343
2,523,687
3,498,025
4,348,555
5,009,680
6,292,398
Large
1,867,334
2,102,252
2,839,738
3,403,529
3,793,456
4,623,217
257,224
315,264
503,377
746,619
964,326
1,322,008
NBFIs
59,972
73,756
114,463
145,390
175,161
243,734
Regional & Small
29,814
32,415
40,448
53,017
76,737
103,439
2,214,343
2,523,687
3,498,025
4,348,555
5,009,680
6,292,398
Uchumi
Medium
Total Sector
33
Table 31: Loan Portfolio per Staff

Efficiency Ratios
Loan Portfolio per Staff (TZS Million)

2006
2007
2008
2009
2010
Barclays
1,194
365
340
415
332
420
Citibank
1,016
1,339
2,011
2,467
1,908
1,964
CRDB
407
431
571
681
721
770
Exim
603
553
561
599
605
650
NBC
418
360
420
483
464
484
NMB
79
129
227
251
293
374
1,467
960
886
1,174
1,199
1,440
557
463
523
610
666
914
12
47
65
65
132
Stan Chart
Stanbic
Access
Akiba
2011
82
95
113
127
129
Azania
508
431
422
586
875
587
BancABC
743
766
1,792
1,294
1,232
1,072
882
Bank M
187
339
552
737
BOA
250
231
255
349
433
575
BOB
1,242
765
713
809
992
1,130
129
545
788
884
CBA
193
290
490
675
673
777
I&M
313
372
546
684
902
1,110
DTrust
376
369
514
602
648
687
70
266
BOI
Ecobank
FNB
Habib
198
201
243
323
381
482
ICB
235
155
162
143
148
246
KCB
173
190
237
304
361
443
PBZ
192
167
171
223
199
250
302
344
354
412
735
30
166
555
710
608
845
NIC
UBA
TIB
TPB
Twiga
345
412
59
73
96
102
131
161
109
102
169
268
284
322
Advans
Amana
DCB
6
301
275
245
306
368
391
52
136
163
136
170
137
124
106
108
92
65
79
35
46
34
45
81
95
239
Efatha
Kagera
Kili Coop
Mbinga
24
Mkombozi
Mufindi
Mwanga
101
115
93
92
107
134
109
127
144
134
144
Njombe
33
TCB
TWB
26
44
58
91
167
Uchumi
157
163
164
191
232
223
Total Sector
359
325
388
444
461
527
Large
406
366
437
493
506
597
Medium
285
252
307
382
420
456
NBFIs
108
125
181
236
269
356
Regional & Small
271
172
160
166
185
173
Total Sector
359
325
388
444
461
527
34
Table 32: Earnings per Staff

Efficiency Ratios
Earnings per Staff (TZS Million)

2006
2007
2008
2009
2010
Barclays
24.5
26.3
-0.3
-6.2
-7.2
2.8
Citibank
434.9
472.5
403.2
578.9
555.2
488.3
CRDB
38.6
44.8
48.0
47.2
45.6
30.8
Exim
55.5
47.4
46.4
47.3
46.8
34.0
NBC
42.2
41.0
41.2
41.8
3.6
11.3
NMB
26.7
31.0
35.1
27.5
30.1
38.8
Stan Chart
39.5
117.0
58.5
84.0
85.0
127.5
-29.2
36.9
45.9
48.9
35.4
53.3
-2.5
-7.9
-5.3
0.1
-2.1
Stanbic
Access
2011
Akiba
2.6
5.3
8.4
0.7
2.0
3.2
Azania
6.6
13.8
6.8
5.9
14.5
21.5
-0.1
9.5
75.7
24.8
53.0
-13.8
50.3
BancABC
Bank M
-19.4
-16.4
7.1
35.6
BOA
16.0
16.0
12.1
8.5
13.1
7.4
BOB
100.4
39.2
87.4
59.8
71.2
65.8
1.1
26.3
29.7
41.8
CBA
-25.6
4.3
23.4
34.2
39.9
-10.6
I&M
31.2
47.1
64.5
61.3
76.1
60.0
DTrust
28.2
32.5
26.6
30.2
BOI
Ecobank
34.2
41.2
-116.3
-87.0
FNB
-57.2
Habib
22.6
28.8
31.7
33.8
46.6
45.6
ICB
19.6
11.7
11.6
1.7
-22.2
15.3
KCB
-6.1
0.1
2.7
-10.3
-8.2
3.3
PBZ
21.0
56.9
34.1
17.0
23.4
12.9
19.7
24.7
NIC
UBA
TIB
TPB
Twiga
-9.2
28.4
31.2
-60.2
-60.0
-54.2
33.5
46.3
45.5
30.4
30.7
34.0
4.0
1.1
2.0
1.3
2.2
9.4
18.4
5.5
2.8
1.8
4.3
Advans
Amana
DCB
-43.9
14.0
31.7
22.7
21.8
Efatha
Kagera
Kili Coop
Mbinga
-2.9
Mufindi
6.7
32.1
30.6
-47.3
-18.1
4.3
5.8
1.0
8.6
6.8
-4.6
-15.7
-11.7
2.9
3.7
2.1
0.2
-1.3
-2.1
4.3
-25.8
-17.5
0.0
5.5
7.8
6.7
6.2
6.9
9.6
6.6
7.8
0.4
6.0
Mkombozi
Mwanga
Njombe
0.5
TCB
-1.4
TWB
Uchumi
2.5
-14.2
-12.0
-24.9
-18.3
-37.3
-24.0
-5.6
-12.3
10.3
14.2
11.0
-6.8
7.4
Total Sector
30.4
38.3
33.2
30.7
25.7
27.6
Large
36.7
46.9
40.8
40.2
32.3
37.6
Medium
13.2
16.6
15.8
9.2
13.0
9.5
NBFIs
10.4
8.1
9.1
6.5
9.3
14.4
Regional & Small
10.2
14.3
10.3
4.3
3.7
2.1
Total Sector
30.4
38.3
33.2
30.7
25.7
27.6
35
Table 33: Staff Income to Staff Portfolio

Efficiency Ratios
Staff Income to Staff Portfolio

2006
2007
2008
2009
2010
Barclays
2.1%
7.2%
-0.1%
-1.5%
-2.2%
0.7%
Citibank
42.8%
35.3%
20.0%
23.5%
29.1%
24.9%
9.5%
10.4%
8.4%
6.9%
6.3%
4.0%
5.2%
CRDB
2011
Exim
9.2%
8.6%
8.3%
7.9%
7.7%
NBC
10.1%
11.4%
9.8%
8.7%
0.8%
2.3%
NMB
34.0%
24.0%
15.5%
10.9%
10.3%
10.4%
2.7%
12.2%
6.6%
7.1%
7.1%
8.8%
-5.3%
8.0%
8.8%
8.0%
5.3%
5.8%
-79.1%
-63.6%
-11.2%
0.2%
-3.3%
2.4%
Stan Chart
Stanbic
Access
Akiba
3.2%
5.6%
7.5%
0.6%
1.5%
Azania
1.3%
3.2%
1.6%
1.0%
1.7%
3.7%
BancABC
0.0%
1.2%
4.2%
1.9%
4.3%
-1.3%
Bank M
-10.4%
-4.9%
1.3%
4.8%
5.7%
BOA
6.4%
6.9%
4.7%
2.4%
3.0%
1.3%
BOB
8.1%
5.1%
12.3%
7.4%
7.2%
5.8%
0.8%
4.8%
3.8%
4.7%
BOI
CBA
13.3%
1.5%
4.8%
5.1%
5.9%
-1.4%
I&M
10.0%
12.7%
11.8%
9.0%
8.4%
5.4%
7.5%
8.8%
5.2%
5.0%
5.3%
6.0%
-166.9%
-32.7%
DTrust
Ecobank
FNB
Habib
ICB
-2701.1%
11.4%
14.3%
13.0%
10.5%
12.2%
9.5%
8.3%
7.6%
7.2%
1.2%
-15.0%
6.2%
KCB
-3.6%
0.0%
1.2%
-3.4%
-2.3%
0.8%
PBZ
10.9%
34.1%
19.9%
7.6%
11.8%
5.2%
NIC
5.2%
6.5%
7.2%
-2.6%
6.9%
4.2%
-3729.1%
-202.4%
-32.8%
TIB
9.7%
11.2%
8.2%
4.3%
5.1%
4.0%
TPB
6.8%
1.5%
2.1%
1.2%
1.7%
5.9%
16.8%
5.4%
1.6%
0.7%
1.5%
0.8%
UBA
Twiga
Advans
-160.7%
Amana
DCB
-762.8%
4.6%
11.5%
9.3%
7.1%
8.7%
7.8%
8.2%
2.7%
4.3%
0.6%
-90.7%
-13.4%
6.3%
2.1%
11.8%
-4.3%
-14.6%
5.5%
-12.8%
4.4%
4.7%
6.1%
0.5%
-3.7%
-4.6%
5.3%
Mufindi
8.0%
4.8%
8.5%
-340.0%
-18.5%
0.0%
7.2%
5.8%
Mwanga
6.6%
8.8%
5.2%
5.2%
5.4%
0.3%
4.2%
-122.1%
-46.2%
-57.0%
-31.8%
Efatha
Kagera
Kili Coop
Mbinga
Mkombozi
Njombe
1.4%
TCB
TWB
-413.4%
-26.5%
-3.3%
-7.8%
6.4%
8.7%
5.7%
-2.9%
3.3%
Total Sector
8.5%
11.8%
8.6%
6.9%
5.6%
5.2%
Large
9.0%
12.8%
9.3%
8.2%
6.4%
6.3%
Medium
4.7%
6.6%
5.2%
2.4%
3.1%
2.1%
NBFIs
9.6%
6.5%
5.0%
2.7%
3.5%
4.1%
Regional & Small
3.8%
8.3%
6.5%
2.6%
2.0%
1.2%
Total Sector
8.5%
11.8%
8.6%
6.9%
5.6%
5.2%
Uchumi
36
Table 34: Portfolio Yield

Efficiency Ratios
Portfolio Yield
2006
2007
2008
2009
2010
2011
Barclays
12.2%
9.1%
12.4%
14.0%
10.9%
8.0%
Citibank
9.3%
19.0%
13.4%
7.0%
5.8%
3.7%
CRDB
11.4%
11.5%
11.5%
12.1%
11.3%
11.7%
Exim
14.8%
12.7%
12.4%
14.0%
12.9%
12.5%
NBC
11.3%
13.0%
11.9%
14.7%
13.5%
12.4%
NMB
37.8%
26.9%
19.1%
18.7%
14.3%
15.0%
Stan Chart
11.1%
18.2%
9.5%
10.1%
7.6%
8.3%
Stanbic
10.6%
14.4%
9.4%
7.7%
7.2%
8.6%
3.8%
23.1%
24.6%
28.1%
26.4%
Access
Akiba
20.2%
25.4%
22.8%
22.2%
22.4%
21.7%
Azania
13.6%
15.2%
14.1%
15.3%
13.4%
16.3%
BancABC
16.1%
12.9%
9.7%
12.2%
11.3%
12.2%
3.2%
8.1%
10.7%
10.4%
9.6%
BOA
13.1%
10.1%
13.4%
10.6%
10.8%
10.6%
BOB
6.8%
8.5%
8.2%
7.4%
8.1%
8.5%
9.9%
9.9%
10.0%
9.0%
CBA
9.6%
10.0%
11.2%
12.2%
12.0%
14.2%
I&M
12.4%
12.1%
11.7%
11.6%
8.0%
9.0%
DTrust
10.5%
10.6%
10.4%
10.8%
9.1%
10.2%
5.2%
9.2%
Bank M
BOI
Ecobank
FNB
0.0%
Habib
9.4%
10.2%
8.3%
8.9%
ICB
0.2%
8.6%
8.3%
14.4%
14.3%
20.3%
13.4%
7.9%
8.9%
KCB
8.2%
16.6%
12.5%
11.6%
11.1%
11.6%
PBZ
6.2%
11.8%
13.9%
12.1%
9.9%
8.8%
NIC
10.5%
12.1%
14.3%
12.2%
8.2%
8.9%
21.9%
29.5%
12.4%
UBA
TIB
28.6%
26.0%
18.4%
18.4%
12.1%
14.1%
TPB
27.7%
24.2%
22.1%
25.4%
18.7%
21.9%
9.2%
8.5%
8.5%
10.6%
12.5%
Twiga
Advans
Amana
DCB
9.4%
12.9%
0.0%
17.6%
23.0%
26.3%
19.2%
23.1%
26.1%
Kagera
15.1%
16.2%
14.6%
15.5%
13.5%
15.2%
15.9%
16.6%
Kili Coop
12.6%
13.8%
26.8%
Mbinga
18.0%
14.3%
26.9%
17.2%
14.2%
14.0%
19.8%
10.3%
7.0%
3.0%
6.3%
13.3%
Efatha
Mkombozi
Mufindi
21.1%
22.0%
24.2%
31.1%
21.1%
23.5%
Mwanga
11.5%
14.0%
14.9%
16.6%
19.5%
19.5%
Njombe
21.6%
TCB
17.0%
TWB
Uchumi
11.1%
26.7%
14.8%
2.0%
8.7%
16.4%
4.4%
17.7%
19.6%
16.4%
17.1%
15.2%
Total Sector
13.4%
14.8%
12.9%
13.0%
11.3%
11.3%
Large
13.4%
15.0%
12.7%
12.9%
11.2%
11.0%
Medium
11.2%
12.0%
12.1%
12.1%
11.0%
11.3%
NBFIs
22.6%
20.9%
17.5%
18.5%
13.8%
15.1%
Regional & Small
16.0%
20.2%
23.9%
16.9%
17.1%
19.1%
Total Sector
13.4%
14.8%
12.9%
13.0%
11.3%
11.3%
37
Table 35: Gross Yield on Earning Assets

Efficiency Ratios
Gross Yield on Earning Assets

2006
2007
2008
2009
2010
2011
Barclays
10%
11%
12%
11%
10%
8%
Citibank
7%
11%
9%
6%
5%
4%
CRDB
9%
11%
11%
11%
10%
10%
Exim
11%
12%
10%
10%
10%
10%
NBC
9%
11%
11%
12%
11%
10%
NMB
12%
14%
13%
12%
10%
12%
Stan Chart
10%
13%
8%
8%
6%
7%
9%
11%
7%
7%
7%
9%
8%
20%
38%
34%
34%
Stanbic
Access
Akiba
19%
23%
23%
19%
20%
22%
Azania
13%
17%
17%
17%
14%
14%
BancABC
13%
12%
10%
11%
11%
12%
6%
11%
13%
13%
12%
BOA
9%
11%
11%
10%
10%
9%
BOB
7%
9%
7%
7%
6%
7%
16%
11%
8%
8%
CBA
7%
11%
10%
10%
9%
10%
I&M
10%
12%
11%
11%
9%
9%
DTrust
10%
11%
10%
10%
9%
10%
7%
11%
Bank M
BOI
Ecobank
FNB
Habib
ICB
0%
9%
9%
8%
7%
7%
8%
10%
11%
13%
9%
6%
7%
KCB
7%
12%
12%
12%
12%
11%
PBZ
6%
9%
9%
9%
8%
8%
NIC
10%
12%
13%
11%
9%
10%
10%
9%
10%
UBA
TIB
11%
12%
12%
13%
10%
11%
TPB
13%
14%
15%
14%
13%
13%
9%
9%
9%
11%
13%
11%
Twiga
Advans
26%
Amana
DCB
0%
16%
23%
26%
20%
22%
23%
Kagera
15%
18%
18%
17%
23%
16%
16%
17%
Kili Coop
13%
15%
22%
Mbinga
18%
16%
26%
18%
16%
16%
21%
14%
8%
6%
10%
12%
Efatha
Mkombozi
Mufindi
21%
22%
24%
30%
26%
26%
Mwanga
11%
16%
17%
18%
18%
20%
Njombe
43%
TCB
34%
TWB
Uchumi
18%
19%
24%
4%
13%
17%
4%
16%
21%
19%
18%
17%
Total Sector
10%
12%
11%
11%
10%
10%
Large
10%
12%
11%
10%
9%
9%
Medium
10%
12%
11%
11%
10%
11%
NBFIs
12%
12%
13%
13%
11%
11%
Regional & Small
15%
21%
24%
19%
19%
19%
Total Sector
10%
12%
11%
11%
10%
10%
38
Table 36: Rates Paid on Funds

Efficiency Ratios
Rates Paid on Funds

2006
2007
2008
2009
2010
2011
Barclays
4.4%
3.8%
3.2%
3.9%
2.2%
1.7%
Citibank
2.2%
4.8%
4.9%
1.7%
0.4%
0.7%
CRDB
1.7%
1.7%
1.7%
2.2%
1.7%
1.5%
Exim
4.8%
5.2%
4.4%
4.6%
3.7%
3.7%
NBC
0.8%
1.1%
1.0%
1.7%
1.7%
1.7%
NMB
1.0%
0.9%
1.0%
0.9%
0.6%
0.4%
Stan Chart
3.3%
4.9%
2.3%
2.8%
1.9%
1.4%
Stanbic
2.9%
4.0%
1.2%
1.2%
1.2%
1.5%
0.0%
1.4%
3.9%
5.2%
4.6%
Access
Akiba
2.4%
2.2%
2.2%
2.3%
2.3%
1.9%
Azania
8.6%
7.2%
7.6%
7.5%
5.8%
6.4%
BancABC
7.3%
7.8%
4.9%
5.7%
4.6%
5.8%
Bank M
1.2%
4.1%
5.8%
3.8%
3.4%
BOA
3.8%
4.9%
3.5%
3.7%
2.6%
3.3%
BOB
1.2%
2.1%
2.4%
3.0%
3.2%
2.7%
1.6%
3.6%
3.2%
3.3%
CBA
4.5%
4.1%
3.9%
4.0%
3.7%
5.0%
I&M
3.2%
3.4%
3.2%
3.6%
2.5%
3.3%
DTrust
2.8%
3.5%
2.9%
3.0%
2.1%
2.1%
2.9%
3.3%
BOI
Ecobank
FNB
0.6%
Habib
2.2%
2.1%
1.9%
2.2%
2.2%
2.0%
ICB
4.0%
4.0%
3.9%
3.8%
2.9%
2.6%
KCB
3.2%
4.6%
3.8%
4.0%
2.8%
2.8%
PBZ
1.1%
1.3%
1.8%
1.5%
1.1%
1.2%
NIC
3.4%
4.2%
5.6%
5.5%
2.7%
3.4%
0.8%
3.6%
3.8%
UBA
TIB
5.7%
5.7%
6.2%
4.8%
3.5%
2.8%
TPB
1.4%
1.3%
1.7%
1.7%
1.5%
1.3%
Twiga
2.1%
1.9%
2.5%
4.5%
3.9%
3.4%
Advans
0.6%
Amana
DCB
0.0%
7.8%
7.2%
6.6%
6.7%
Efatha
6.9%
7.3%
3.4%
4.1%
Kagera
3.2%
4.1%
3.1%
3.2%
4.0%
4.1%
Kili Coop
2.2%
2.2%
2.2%
2.1%
2.3%
2.8%
Mbinga
2.2%
2.9%
3.7%
5.0%
2.3%
0.8%
0.3%
2.3%
4.5%
Mufindi
2.4%
3.8%
3.5%
3.5%
3.4%
3.1%
Mwanga
3.6%
6.2%
5.1%
6.2%
7.5%
7.5%
Mkombozi
Njombe
4.9%
TCB
0.0%
TWB
3.0%
3.3%
3.3%
1.0%
4.1%
6.4%
Uchumi
0.7%
1.7%
2.1%
2.1%
2.7%
2.9%
Total Sector
2.4%
2.8%
2.3%
2.5%
2.0%
1.9%
Large
2.2%
2.6%
1.9%
2.1%
1.6%
1.4%
Medium
3.5%
4.0%
3.7%
4.1%
3.1%
3.5%
NBFIs
3.1%
3.5%
3.8%
3.6%
2.8%
2.4%
Regional & Small
5.6%
5.7%
5.3%
5.4%
5.3%
5.5%
Total Sector
2.4%
2.8%
2.3%
2.5%
2.0%
1.9%
39
Table 37: Portfolio Yield to Operating Efficiency

Efficiency Ratios
Portfolio Yield to Operating Efficiency

2006
2007
2008
2009
2010
2011
Barclays
1.2%
-0.1%
-2.7%
-1.0%
-2.7%
-4.3%
Citibank
4.5%
8.6%
3.2%
0.9%
0.8%
-0.4%
CRDB
2.3%
2.2%
2.1%
2.2%
1.0%
1.5%
Exim
2.8%
1.7%
0.9%
1.0%
2.0%
1.6%
NBC
3.5%
3.9%
2.2%
3.5%
0.6%
-3.0%
NMB
10.9%
7.4%
6.6%
4.7%
1.1%
2.7%
1.2%
3.3%
-0.7%
-0.3%
-2.3%
-0.6%
-0.5%
-0.6%
1.1%
-0.9%
-3.1%
-1.4%
-2.0%
-25.8%
-7.3%
-0.8%
-3.0%
Stan Chart
Stanbic
Access
Akiba
-0.4%
-0.4%
1.9%
-2.0%
-4.5%
-4.5%
Azania
-0.5%
0.2%
-0.9%
0.3%
0.1%
-0.2%
BancABC
-3.5%
-2.9%
-0.7%
0.2%
0.4%
-0.3%
Bank M
-6.0%
-6.7%
-3.5%
-1.0%
0.7%
BOA
-1.0%
-1.3%
-1.7%
-3.2%
-3.0%
-3.3%
BOB
2.9%
3.3%
2.7%
1.4%
1.1%
3.4%
-1.3%
-0.3%
-0.2%
0.2%
CBA
-6.1%
-3.2%
-1.8%
-1.5%
-1.8%
-3.5%
I&M
3.1%
3.8%
4.0%
3.4%
2.1%
1.5%
DTrust
0.7%
1.2%
0.2%
0.7%
0.7%
1.0%
-69.7%
-21.3%
BOI
Ecobank
FNB
Habib
-36.0%
0.5%
1.1%
0.3%
0.7%
0.3%
0.7%
ICB
-0.2%
KCB
-5.2%
-0.4%
0.2%
-5.1%
-7.1%
-4.3%
-5.7%
-4.7%
-4.9%
-4.2%
PBZ
-1.6%
-1.4%
3.6%
1.4%
1.4%
-0.9%
-2.3%
NIC
0.8%
1.0%
-0.1%
UBA
TIB
TPB
Twiga
-2.1%
-1.5%
-0.9%
-104.4%
-60.1%
-20.6%
8.3%
4.4%
4.5%
6.4%
1.8%
3.5%
-12.5%
-11.2%
-8.6%
-11.6%
-9.2%
-3.1%
-5.6%
-6.4%
-8.9%
-9.5%
-9.8%
Advans
Amana
DCB
-42.0%
2.7%
7.2%
7.5%
3.4%
5.4%
6.2%
-39.4%
-12.6%
1.9%
-0.6%
-1.4%
0.2%
Efatha
Kagera
-8.3%
-27.2%
-0.4%
-4.1%
-3.5%
Kili Coop
1.5%
-4.6%
-13.4%
0.3%
-0.3%
Mbinga
3.4%
-2.9%
2.0%
-9.7%
-6.0%
2.2%
-9.7%
-4.6%
-1.7%
Mkombozi
Mufindi
2.4%
-3.0%
-2.0%
2.8%
0.2%
-0.4%
Mwanga
2.5%
3.0%
2.1%
2.6%
-1.5%
-0.2%
Njombe
-6.8%
TCB
-12.2%
TWB
Uchumi
-27.7%
-72.4%
-16.4%
-13.5%
-7.8%
-1.8%
-8.1%
4.4%
6.5%
2.8%
1.6%
1.9%
Total Sector
2.3%
2.5%
1.4%
1.2%
-0.4%
-0.3%
Large
3.0%
3.2%
2.0%
1.9%
0.0%
0.1%
Medium
-0.7%
-0.3%
-0.8%
-1.3%
-1.8%
-1.8%
NBFIs
-2.8%
-3.7%
-2.0%
-1.0%
-2.5%
-0.1%
Regional & Small
1.8%
3.8%
4.2%
0.8%
-0.2%
-0.7%
Total Sector
2.3%
2.5%
1.4%
1.2%
-0.4%
-0.3%
40
Table 38: Yield to Rate on Funds

Efficiency Ratios
Yield to Rate on Funds

2006
2007
2008
2009
2010
2011
Barclays
7.8%
5.2%
9.2%
10.1%
8.7%
6.3%
Citibank
7.1%
14.3%
8.5%
5.2%
5.3%
2.9%
CRDB
9.7%
9.8%
9.8%
9.9%
9.6%
10.3%
Exim
10.0%
7.5%
8.0%
9.4%
9.2%
8.8%
NBC
10.4%
11.9%
10.9%
13.0%
11.7%
10.8%
NMB
36.8%
26.0%
18.1%
17.8%
13.7%
14.6%
Stan Chart
7.8%
13.3%
7.2%
7.4%
5.7%
6.8%
Stanbic
7.7%
10.4%
8.2%
6.5%
6.0%
7.0%
3.8%
21.7%
20.8%
22.9%
21.8%
Access
Akiba
17.8%
23.2%
20.6%
20.0%
20.0%
19.9%
Azania
5.0%
8.0%
6.6%
7.8%
7.6%
9.9%
BancABC
8.8%
5.1%
4.8%
6.5%
6.7%
6.4%
Bank M
2.1%
4.1%
4.9%
6.6%
6.2%
BOA
9.3%
5.2%
9.9%
6.9%
8.2%
7.4%
BOB
5.6%
6.4%
5.8%
4.4%
4.9%
5.8%
8.3%
6.3%
6.9%
5.7%
CBA
5.2%
5.9%
7.3%
8.2%
8.3%
9.2%
I&M
9.2%
8.6%
8.5%
8.0%
5.4%
5.8%
DTrust
7.7%
7.1%
7.5%
7.8%
7.0%
8.1%
BOI
Ecobank
2.3%
FNB
Habib
ICB
5.9%
-0.4%
7.2%
8.1%
6.4%
6.7%
6.4%
6.3%
10.4%
10.3%
16.4%
9.6%
4.9%
6.3%
KCB
5.1%
12.0%
8.7%
7.5%
8.3%
8.8%
PBZ
5.1%
10.5%
12.2%
10.6%
8.8%
7.6%
NIC
7.1%
7.9%
8.7%
5.4%
UBA
6.7%
5.6%
21.1%
25.9%
8.6%
TIB
22.9%
20.4%
12.2%
13.6%
8.6%
11.3%
TPB
26.3%
22.8%
20.4%
23.7%
17.1%
20.6%
7.1%
6.6%
6.0%
6.1%
8.5%
Twiga
Advans
Amana
DCB
0.0%
9.8%
15.9%
19.7%
12.5%
16.2%
18.8%
Kagera
11.9%
12.1%
11.5%
12.3%
10.1%
11.2%
11.9%
12.5%
Kili Coop
10.4%
11.7%
24.6%
Mbinga
15.9%
11.4%
23.2%
15.1%
11.9%
11.1%
14.8%
8.0%
6.1%
2.7%
4.0%
8.8%
Efatha
Mkombozi
Mufindi
Mwanga
18.7%
18.2%
20.6%
27.5%
17.7%
20.4%
8.0%
7.8%
9.7%
10.4%
12.1%
12.1%
Njombe
16.7%
TCB
17.0%
TWB
Uchumi
6.0%
12.3%
8.1%
23.5%
11.5%
1.0%
4.6%
10.0%
3.7%
16.0%
17.5%
14.3%
14.4%
12.4%
Total Sector
11.0%
12.0%
10.6%
10.5%
9.4%
9.4%
Large
11.2%
12.4%
10.8%
10.9%
9.6%
9.6%
Medium
7.7%
8.1%
8.4%
8.0%
7.8%
7.8%
NBFIs
19.5%
17.4%
13.7%
14.9%
11.0%
12.7%
Regional & Small
10.4%
14.6%
18.6%
11.5%
11.8%
13.6%
Total Sector
11.0%
12.0%
10.6%
10.5%
9.4%
9.4%
41
Table 39: Government Securities as % of Earning Assets

Efficiency Ratios
Govt Securities as % Earning Assets

2006
2007
2008
2009
2010
Barclays
16.8%
0.0%
7.0%
3.8%
14.9%
7.2%
Citibank
25.2%
37.1%
18.6%
15.2%
27.4%
18.3%
CRDB
22.8%
14.0%
17.6%
17.5%
23.1%
23.1%
Exim
27.7%
16.3%
26.9%
28.4%
23.7%
20.5%
NBC
22.6%
22.1%
16.3%
19.4%
19.5%
18.5%
NMB
67.4%
55.5%
38.3%
40.9%
38.9%
21.9%
6.9%
33.2%
27.0%
21.9%
30.9%
17.0%
11.9%
40.0%
18.6%
12.0%
14.2%
7.6%
0.0%
0.0%
0.0%
0.0%
0.0%
Stan Chart
Stanbic
Access
2011
Akiba
5.5%
14.3%
16.2%
18.3%
17.1%
5.6%
Azania
1.5%
0.0%
1.5%
0.1%
6.2%
15.2%
20.4%
31.1%
12.5%
9.7%
15.1%
4.8%
BancABC
Bank M
13.0%
0.9%
0.6%
2.0%
0.2%
BOA
32.6%
0.0%
28.6%
15.2%
24.1%
18.9%
BOB
3.9%
12.8%
21.0%
15.3%
24.4%
24.1%
16.6%
20.6%
21.4%
21.9%
CBA
22.9%
18.5%
31.4%
33.1%
35.2%
28.8%
I&M
20.2%
17.0%
17.9%
12.9%
15.2%
15.3%
6.2%
8.7%
19.7%
18.7%
12.5%
12.9%
30.5%
12.5%
BOI
DTrust
Ecobank
FNB
Habib
15.5%
6.0%
14.7%
21.8%
20.4%
27.5%
15.8%
ICB
27.7%
30.1%
38.8%
40.5%
27.3%
29.6%
KCB
17.6%
31.6%
21.7%
8.5%
6.3%
10.1%
PBZ
10.3%
22.3%
43.3%
32.6%
30.3%
16.1%
NIC
3.8%
3.9%
21.7%
15.2%
5.2%
4.6%
78.2%
78.3%
18.1%
UBA
TIB
60.3%
65.1%
33.9%
36.8%
32.4%
32.1%
TPB
54.2%
45.0%
34.0%
48.7%
39.4%
41.3%
0.8%
7.2%
0.3%
1.6%
1.0%
0.5%
Twiga
Advans
0.0%
Amana
DCB
0.0%
6.4%
7.8%
15.5%
12.1%
15.0%
13.9%
Kagera
0.0%
0.0%
0.0%
0.0%
16.3%
12.3%
0.0%
0.0%
Kili Coop
0.0%
0.0%
0.0%
Mbinga
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
19.9%
Efatha
Mkombozi
Mufindi
2.5%
1.9%
2.4%
2.4%
0.0%
0.0%
Mwanga
0.7%
0.4%
0.4%
0.3%
0.0%
0.0%
Njombe
0.0%
TCB
0.0%
TWB
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Uchumi
10.8%
19.5%
6.1%
0.0%
0.0%
0.0%
Total Sector
27.0%
28.1%
22.7%
22.0%
24.6%
18.1%
Large
28.1%
29.2%
22.9%
22.8%
26.2%
18.9%
Medium
13.6%
15.2%
20.5%
16.8%
18.3%
13.5%
NBFIs
49.0%
51.3%
29.3%
35.7%
31.2%
30.8%
4.9%
6.2%
10.7%
7.6%
8.1%
9.5%
27.0%
28.1%
22.7%
22.0%
24.6%
18.1%
Regional & Small

Total Sector
42
Table 40: Loans and Advances to Total Assets

Earnings & Profitability
Ratios
Loans & Advances to Total Assets

2006
2007
2008
2009
2010
2011
Barclays
59%
46%
54%
54%
43%
42%
Citibank
14%
21%
43%
31%
18%
19%
CRDB
45%
51%
58%
51%
49%
53%
Exim
46%
43%
42%
44%
48%
50%
NBC
44%
48%
59%
52%
48%
45%
NMB
17%
30%
41%
40%
41%
52%
Stan Chart
78%
51%
51%
41%
43%
51%
Stanbic
47%
26%
41%
36%
50%
59%
4%
38%
58%
50%
59%
Access
Akiba
50%
58%
55%
60%
53%
62%
Azania
72%
65%
77%
71%
57%
62%
BancABC
44%
41%
71%
60%
45%
47%
Bank M
51%
56%
72%
61%
64%
BOA
26%
27%
33%
43%
44%
53%
BOB
52%
29%
30%
41%
39%
43%
29%
46%
38%
40%
CBA
35%
40%
38%
38%
34%
47%
I&M
48%
49%
54%
54%
55%
61%
DTrust
56%
58%
59%
59%
55%
60%
27%
52%
BOI
Ecobank
FNB
1%
Habib
35%
29%
34%
38%
35%
43%
ICB
34%
31%
31%
20%
17%
37%
KCB
34%
52%
55%
58%
47%
61%
PBZ
19%
20%
24%
26%
24%
36%
NIC
58%
54%
49%
UBA
37%
47%
64%
0.4%
7%
37%
TIB
37%
30%
53%
48%
43%
59%
TPB
32%
43%
53%
39%
53%
48%
Twiga
30%
29%
62%
52%
52%
58%
Advans
16%
Amana
DCB
3%
63%
61%
60%
57%
59%
58%
Kagera
66%
66%
77%
63%
36%
42%
58%
54%
Kili Coop
63%
58%
58%
Mbinga
29%
50%
52%
43%
26%
46%
44%
42%
69%
4%
26%
34%
Efatha
Mkombozi
Mufindi
71%
52%
54%
51%
54%
62%
Mwanga
49%
62%
67%
59%
64%
67%
Njombe
64%
TCB
10%
TWB
73%
50%
75%
6%
46%
49%
Uchumi
60%
59%
55%
58%
56%
56%
Total Sector
42%
41%
50%
46%
44%
50%
Large
42%
41%
50%
45%
44%
48%
Medium
43%
43%
49%
50%
44%
53%
NBFIs
34%
34%
54%
46%
47%
56%
Regional & Small
62%
60%
60%
50%
51%
47%
Total Sector
42%
41%
50%
46%
44%
50%
43
Table 41: Non Interest Expense to interest Income

Ratios
Non Interest Expense to Interest Income

2006
2007
2008
2009
2010
2011
Barclays
47%
66%
94%
84%
113%
139%
Citibank
22%
17%
37%
60%
77%
92%
CRDB
59%
62%
63%
59%
69%
71%
Exim
37%
40%
48%
44%
46%
50%
NBC
60%
61%
75%
65%
86%
107%
NMB
64%
65%
57%
67%
86%
79%
Stan Chart
60%
45%
78%
74%
100%
84%
Stanbic
80%
65%
77%
95%
124%
98%
152%
214%
119%
90%
96%
Access
Akiba
91%
93%
81%
95%
108%
111%
Azania
52%
50%
55%
46%
52%
56%
BancABC
69%
61%
55%
49%
53%
57%
Bank M
242%
127%
74%
66%
55%
BOA
65%
62%
73%
86%
93%
94%
BOB
43%
37%
36%
40%
40%
24%
103%
71%
66%
54%
CBA
112%
83%
64%
59%
65%
75%
I&M
43%
34%
31%
33%
37%
41%
DTrust
66%
55%
65%
59%
65%
66%
BOI
Ecobank
1350%
FNB
Habib
ICB
285%
19950%
67%
60%
66%
60%
58%
60%
110%
61%
66%
68%
84%
135%
KCB
124%
98%
96%
99%
110%
91%
PBZ
100%
54%
64%
69%
91%
108%
NIC
60%
58%
52%
UBA
TIB
66%
87%
70%
570%
265%
224%
42%
41%
41%
43%
67%
58%
TPB
134%
142%
127%
136%
137%
113%
Twiga
139%
157%
177%
137%
140%
153%
Advans
319%
Amana
DCB
38%
37%
45%
45%
Efatha
39%
45%
340%
141%
Kagera
75%
101%
104%
67%
84%
89%
Kili Coop
73%
119%
138%
101%
113%
95%
Mbinga
78%
109%
83%
127%
139%
60%
422%
145%
81%
87%
Mkombozi
Mufindi
78%
96%
97%
81%
87%
Mwanga
52%
41%
56%
56%
73%
Njombe
TCB
172%
TWB
Uchumi
69%
107%
345%
349%
187%
734%
152%
80%
267%
63%
57%
70%
79%
69%
Total Sector
59%
58%
67%
67%
83%
83%
Large
56%
55%
66%
66%
82%
84%
Medium
72%
65%
68%
69%
81%
81%
NBFIs
92%
92%
86%
85%
101%
85%
Regional & Small
53%
53%
60%
65%
69%
75%
Total Sector
59%
58%
67%
67%
83%
83%
44
Table 42: ROAA

Ratios
ROAA
2006
2007
2008
2009
2010
2011
Barclays
0.8%
2.6%
0.0%
-0.9%
-0.7%
0.0%
Citibank
3.9%
4.1%
4.6%
5.7%
4.7%
3.1%
CRDB
2.9%
3.7%
3.1%
2.8%
2.3%
1.5%
Exim
3.0%
2.7%
2.5%
2.7%
2.5%
1.9%
NBC
3.3%
3.7%
3.8%
3.4%
0.2%
0.8%
NMB
4.4%
4.0%
3.8%
3.1%
2.9%
3.4%
Stan Chart
1.3%
5.4%
2.4%
2.5%
2.1%
3.1%
Stanbic
-1.9%
Access
1.9%
2.1%
2.4%
1.6%
2.2%
-2.4%
-10.3%
-3.7%
0.1%
-1.8%
0.9%
Akiba
0.7%
1.9%
1.5%
2.0%
1.3%
Azania
-0.9%
1.3%
0.8%
0.5%
0.7%
1.5%
0.0%
1.8%
1.5%
0.8%
1.8%
-0.3%
-9.8%
-2.1%
0.6%
2.1%
2.5%
BancABC
Bank M
BOA
1.0%
1.2%
1.0%
0.7%
0.9%
0.4%
BOB
2.8%
1.6%
2.8%
2.3%
2.2%
2.3%
3.1%
1.1%
1.5%
1.8%
BOI
CBA
-4.7%
2.4%
1.3%
1.0%
1.6%
-0.4%
I&M
3.5%
4.2%
4.3%
3.4%
3.2%
2.2%
DTrust
3.0%
3.6%
2.1%
2.1%
2.1%
2.4%
-29.3%
-19.4%
Ecobank
FNB
-24.9%
Habib
2.8%
3.1%
2.8%
2.5%
3.1%
2.5%
ICB
1.9%
1.9%
1.3%
0.4%
-2.2%
0.7%
KCB
-1.0%
0.0%
0.4%
-1.4%
-1.0%
0.3%
PBZ
2.1%
6.6%
4.5%
1.9%
2.9%
1.1%
NIC
2.1%
2.5%
2.5%
-0.8%
2.0%
1.7%
-12.2%
-7.3%
-6.0%
TIB
2.5%
2.5%
2.4%
1.5%
1.6%
2.6%
TPB
1.3%
0.3%
0.4%
0.4%
0.4%
2.0%
Twiga
3.1%
0.9%
0.7%
0.5%
0.8%
UBA
0.4%
Advans
-15.8%
Amana
-13.6%
DCB
2.0%
4.2%
3.4%
3.1%
Efatha
Kagera
Kili Coop
Mbinga
3.8%
3.4%
-32.8%
-5.3%
3.8%
2.2%
5.0%
1.0%
2.2%
0.3%
1.0%
-2.6%
-8.5%
-6.4%
1.5%
1.7%
-3.4%
2.5%
0.2%
-1.8%
-2.0%
3.1%
-10.8%
-2.8%
0.1%
Mkombozi
Mufindi
3.9%
2.0%
3.2%
2.6%
2.1%
2.1%
Mwanga
2.2%
3.7%
2.1%
2.2%
0.0%
1.8%
Njombe
TCB
-12.1%
TWB
0.9%
0.0%
-25.6%
-35.8%
-21.4%
-22.8%
-9.7%
-1.6%
-4.7%
3.8%
3.4%
2.1%
-1.8%
1.2%
Total Sector
2.5%
3.4%
2.8%
2.4%
1.8%
1.7%
Large
2.7%
3.7%
3.0%
2.8%
2.0%
2.08%
Medium
1.2%
2.3%
1.7%
0.9%
1.1%
0.49%
NBFIs
2.1%
1.5%
1.5%
1.0%
1.1%
2.13%
Regional & Small
1.5%
3.1%
2.2%
0.7%
0.4%
0.45%
Total Sector
2.5%
3.4%
2.8%
2.4%
1.8%
1.7%
Uchumi
45
Table 43: ROAE

Ratios
ROAE
2006
2007
Barclays
10.4%
25.9%
0.2%
-8.0%
-6.1%
0.3%
Citibank
45.7%
36.4%
26.3%
25.5%
21.3%
18.0%
CRDB
38.2%
42.9%
33.0%
26.3%
21.6%
15.2%
Exim
36.8%
32.8%
22.8%
22.4%
22.6%
17.1%
NBC
32.2%
34.3%
32.5%
27.1%
1.4%
7.7%
NMB
38.5%
36.4%
34.6%
27.0%
25.5%
27.9%
Stan Chart
18.8%
52.9%
22.4%
25.5%
18.9%
28.3%
-18.7%
21.2%
22.2%
22.3%
14.0%
19.7%
-2.4%
-13.0%
-9.0%
0.3%
-7.8%
8.1%
10.8%
7.9%
6.4%
Stanbic
Access
2008
2009
2010
2011
Akiba
5.7%
13.0%
Azania
-6.1%
11.0%
8.4%
6.2%
7.0%
9.8%
BancABC
-0.1%
14.0%
12.7%
6.4%
16.9%
-3.8%
-62.3%
-18.1%
7.1%
26.8%
24.4%
Bank M
BOA
11.1%
14.6%
11.2%
7.5%
11.6%
5.1%
BOB
10.5%
7.0%
13.8%
11.4%
11.4%
11.9%
6.2%
2.7%
4.9%
7.2%
BOI
CBA
-28.8%
18.1%
14.1%
12.1%
19.7%
-5.2%
I&M
23.8%
30.2%
32.8%
26.1%
22.4%
17.0%
DTrust
25.5%
25.1%
14.8%
17.5%
Ecobank
19.3%
23.0%
-125.2%
-121.5%
FNB
-40.5%
Habib
27.1%
29.7%
26.2%
23.7%
30.0%
23.5%
ICB
20.1%
14.6%
8.1%
3.0%
-16.9%
5.1%
2.6%
KCB
-4.4%
0.2%
2.8%
-13.3%
-10.3%
PBZ
98.1%
122.0%
45.4%
16.1%
21.8%
8.3%
NIC
14.8%
18.1%
19.0%
-5.2%
12.6%
13.0%
-15.8%
-13.5%
-18.2%
7.5%
9.5%
9.4%
4.9%
3.9%
6.3%
TPB
15.8%
3.6%
5.5%
6.0%
6.4%
27.2%
Twiga
18.8%
6.8%
6.1%
4.4%
7.6%
UBA
TIB
3.5%
Advans
-16.7%
Amana
-18.1%
DCB
15.9%
29.4%
16.9%
15.4%
Efatha
Kagera
Kili Coop
Mbinga
23.1%
20.8%
-500.7%
-72.5%
25.0%
19.4%
40.7%
8.9%
17.5%
2.2%
4.7%
-15.5%
-85.3%
-111.8%
28.0%
25.6%
-22.5%
16.8%
1.7%
-11.9%
-19.3%
23.1%
-15.0%
-6.9%
0.4%
Mkombozi
Mufindi
29.2%
14.7%
21.6%
16.9%
14.5%
15.3%
Mwanga
17.8%
29.4%
17.4%
17.1%
0.0%
11.8%
-13.3%
-66.6%
7620.3%
116.1%
-9.1%
Njombe
5.6%
TCB
TWB
-49.0%
-37.2%
-47.3%
37.0%
23.4%
11.8%
-12.1%
8.7%
Total Sector
24.9%
32.1%
23.8%
19.5%
14.2%
14.2%
Large
29.5%
37.0%
27.3%
23.7%
16.9%
18.5%
9.3%
16.8%
13.0%
7.3%
9.0%
3.9%
7.6%
Uchumi
Medium
NBFIs
10.4%
8.3%
8.6%
5.0%
4.3%
Regional & Small
11.4%
22.2%
12.5%
3.4%
1.9%
2.1%
Total Sector
24.9%
32.1%
23.8%
19.5%
14.2%
14.2%
46
Table 44: Interest Margin to Average Earning Assets

Ratios
Interest Margin to Average Earning Assets

2006
2007
2008
2009
2010
2011
Barclays
6%
7%
9%
8%
8%
6%
Citibank
5%
7%
6%
5%
4%
3%
CRDB
7%
9%
9%
8%
8%
8%
Exim
6%
6%
6%
5%
6%
6%
NBC
8%
10%
10%
11%
9%
8%
NMB
11%
13%
12%
11%
9%
11%
Stan Chart
7%
8%
5%
5%
4%
5%
Stanbic
6%
6%
6%
6%
5%
7%
8%
19%
32%
29%
28%
Access
Akiba
17%
20%
20%
17%
17%
19%
Azania
6%
9%
8%
8%
7%
8%
BancABC
6%
4%
5%
5%
6%
6%
Bank M
3%
5%
5%
7%
8%
BOA
5%
6%
6%
6%
6%
6%
BOB
6%
6%
5%
4%
3%
4%
14%
7%
5%
4%
CBA
4%
5%
5%
5%
5%
5%
I&M
7%
8%
7%
7%
6%
5%
DTrust
7%
8%
7%
6%
7%
7%
1%
6%
BOI
Ecobank
FNB
0%
Habib
6%
7%
5%
5%
4%
5%
ICB
6%
7%
9%
4%
3%
4%
KCB
4%
7%
7%
7%
8%
8%
PBZ
4%
8%
6%
7%
6%
7%
NIC
7%
8%
7%
5%
6%
6%
9%
6%
6%
UBA
TIB
TPB
Twiga
8%
6%
8%
9%
7%
9%
11%
13%
13%
12%
11%
12%
7%
7%
6%
5%
8%
Advans
Amana
DCB
7%
26%
0%
9%
15%
19%
13%
11%
9%
Kagera
11%
13%
14%
14%
12%
13%
Kili Coop
11%
12%
20%
14%
13%
12%
Mbinga
16%
13%
23%
15%
11%
7%
6%
7%
8%
Efatha
Mkombozi
Mufindi
Mwanga
14%
15%
18%
18%
20%
26%
22%
22%
8%
10%
11%
12%
11%
13%
Njombe
32%
TCB
34%
TWB
17%
15%
18%
3%
8%
11%
Uchumi
3%
14%
19%
16%
15%
13%
Total Sector
7%
9%
8%
8%
7%
8%
Large
7%
9%
8%
8%
7%
8%
Medium
6%
7%
7%
7%
7%
7%
NBFIs
9%
9%
9%
10%
8%
9%
10%
15%
18%
13%
12%
13%
7%
9%
8%
8%
7%
8%
Regional & Small

Total Sector
47
Table 45: Non Interest Expense to Gross Income

Ratios
Non Interest Expense to Gross Income

2006
2007
2008
2009
2010
2011
Barclays
34%
46%
70%
61%
72%
85%
Citibank
16%
15%
24%
23%
30%
35%
CRDB
42%
43%
45%
43%
48%
54%
Exim
29%
31%
36%
31%
34%
39%
NBC
43%
44%
50%
46%
58%
73%
NMB
49%
52%
46%
51%
57%
56%
Stan Chart
42%
31%
49%
48%
53%
44%
Stanbic
51%
Access
40%
52%
57%
66%
56%
148%
194%
108%
82%
88%
Akiba
70%
77%
70%
77%
81%
81%
Azania
44%
42%
46%
41%
46%
46%
BancABC
51%
48%
41%
37%
37%
42%
153%
84%
52%
45%
42%
Bank M
BOA
47%
47%
54%
58%
60%
62%
BOB
33%
30%
27%
31%
31%
18%
89%
56%
53%
42%
BOI
CBA
86%
58%
46%
43%
46%
59%
I&M
32%
26%
23%
26%
27%
33%
DTrust
46%
40%
47%
45%
47%
48%
357%
191%
Ecobank
FNB
221%
Habib
44%
40%
40%
39%
33%
40%
ICB
42%
47%
49%
56%
64%
68%
KCB
77%
64%
63%
68%
77%
60%
PBZ
56%
31%
39%
46%
52%
70%
NIC
46%
45%
39%
51%
55%
49%
246%
167%
143%
TIB
33%
31%
35%
38%
53%
46%
TPB
79%
86%
82%
86%
86%
75%
Twiga
62%
79%
80%
69%
71%
UBA
78%
Advans
158%
Amana
31900%
DCB
34%
34%
42%
40%
Efatha
35%
42%
251%
102%
Kagera
48%
70%
70%
50%
56%
66%
Kili Coop
73%
105%
138%
79%
77%
72%
Mbinga
60%
74%
67%
80%
89%
49%
404%
115%
68%
Mkombozi
Mufindi
65%
74%
78%
69%
70%
73%
Mwanga
40%
34%
46%
48%
60%
59%
168%
186%
305%
160%
Njombe
70%
TCB
TWB
633%
123%
71%
215%
56%
50%
63%
68%
57%
Total Sector
43%
42%
49%
48%
54%
57%
Large
41%
40%
48%
46%
53%
56%
Medium
52%
48%
50%
51%
56%
59%
NBFIs
58%
61%
61%
61%
69%
60%
Regional & Small
45%
47%
54%
56%
59%
65%
Total Sector
43%
42%
49%
48%
54%
57%
Uchumi
48
Table 46: Gross Loans to Deposits

Ratios
Gross Loans to Deposits

2006
2007
2008
2009
2010
2011
Barclays
97%
92%
73%
74%
63%
63%
Citibank
19%
35%
67%
44%
26%
27%
CRDB
52%
59%
66%
60%
55%
61%
Exim
64%
62%
62%
62%
63%
72%
NBC
54%
61%
77%
68%
64%
55%
NMB
20%
35%
48%
47%
48%
63%
Stan Chart
98%
71%
75%
55%
57%
64%
Stanbic
67%
46%
73%
50%
74%
80%
201%
120%
104%
93%
98%
Access
Akiba
Azania
BancABC
66%
74%
72%
75%
65%
75%
106%
91%
100%
88%
71%
80%
65%
141%
138%
72%
87%
73%
Bank M
77%
75%
92%
76%
85%
BOA
35%
33%
40%
50%
54%
68%
BOB
74%
38%
43%
55%
51%
58%
76%
92%
64%
60%
CBA
178%
134%
74%
70%
61%
67%
I&M
60%
62%
65%
68%
74%
83%
DTrust
67%
74%
73%
73%
67%
72%
43%
70%
BOI
Ecobank
FNB
Habib
41%
33%
38%
44%
40%
48%
ICB
39%
40%
38%
24%
20%
54%
KCB
53%
75%
65%
77%
63%
86%
PBZ
21%
25%
30%
32%
28%
45%
NIC
69%
67%
57%
54%
80%
110%
2%
14%
52%
UBA
TIB
87%
61%
93%
100%
102%
117%
TPB
37%
52%
57%
44%
61%
59%
Twiga
37%
40%
74%
63%
64%
Advans
Amana
DCB
72%
652%
11%
74%
76%
82%
74%
Efatha
71%
91%
43%
52%
68%
Kagera
78%
90%
104%
78%
80%
Kili Coop
84%
72%
64%
58%
52%
68%
Mbinga
45%
72%
77%
59%
51%
174%
17%
40%
54%
Mkombozi
Mufindi
87%
70%
81%
74%
90%
89%
Mwanga
73%
92%
84%
118%
121%
134%
Njombe
79%
TCB
109%
TWB
558%
55%
80%
10%
61%
64%
Uchumi
73%
76%
80%
73%
73%
70%
Total Sector
54%
56%
66%
59%
58%
64%
Large
53%
55%
66%
57%
56%
61%
Medium
57%
62%
66%
65%
61%
72%
NBFIs
51%
53%
75%
70%
79%
89%
Regional & Small
75%
77%
81%
71%
66%
78%
Total Sector
54%
56%
66%
59%
58%
64%
49
Table 47: Interest Income to Total Income

Ratios
Interest Income to Total Income

2006
2007
2008
2009
2010
2011
Barclays
73%
70%
75%
73%
64%
61%
Citibank
71%
86%
66%
39%
39%
38%
CRDB
71%
70%
72%
72%
69%
76%
Exim
78%
78%
74%
72%
74%
77%
NBC
71%
72%
67%
71%
67%
68%
NMB
77%
79%
81%
77%
67%
70%
Stan Chart
70%
69%
63%
65%
53%
52%
Stanbic
63%
63%
67%
60%
53%
57%
97%
91%
91%
91%
92%
Access
Akiba
77%
82%
86%
81%
75%
73%
Azania
85%
84%
85%
89%
89%
82%
BancABC
74%
78%
75%
75%
70%
74%
Bank M
63%
66%
70%
69%
76%
BOA
73%
76%
74%
67%
65%
67%
BOB
75%
81%
76%
76%
77%
74%
87%
79%
80%
78%
CBA
76%
70%
71%
72%
70%
78%
I&M
74%
76%
75%
81%
72%
79%
DTrust
70%
72%
73%
77%
73%
73%
26%
67%
BOI
Ecobank
FNB
1%
Habib
66%
66%
61%
65%
56%
66%
ICB
69%
70%
72%
66%
48%
62%
KCB
62%
65%
65%
69%
70%
65%
PBZ
56%
59%
61%
67%
57%
65%
NIC
76%
78%
75%
77%
63%
70%
43%
63%
64%
UBA
TIB
77%
77%
85%
88%
80%
79%
TPB
59%
60%
65%
63%
63%
66%
Twiga
44%
50%
45%
50%
51%
51%
Advans
49%
Amana
DCB
0%
88%
92%
93%
88%
Efatha
Kagera
89%
93%
74%
72%
64%
69%
68%
75%
66%
74%
100%
89%
100%
78%
69%
75%
77%
68%
80%
63%
64%
82%
96%
80%
84%
Mufindi
84%
78%
81%
85%
81%
83%
Mwanga
76%
83%
83%
86%
83%
85%
Kili Coop
Mbinga
Mkombozi
Njombe
66%
TCB
98%
TWB
54%
87%
85%
86%
81%
88%
Uchumi
Total Sector
80%
89%
88%
90%
86%
82%
72%
73%
72%
71%
66%
69%
Large
72%
73%
72%
70%
64%
67%
Medium
72%
74%
74%
75%
70%
72%
NBFIs
63%
66%
71%
72%
68%
71%
Regional & Small

Total Sector
86%
88%
90%
86%
85%
87%
72%
73%
72%
71%
66%
69%
50
Table 48: Interest Margin

Ratios
Interest Margin
2006
2007
2008
2009
2010
2011
Barclays
57%
62%
72%
68%
75%
79%
Citibank
71%
62%
61%
74%
90%
76%
CRDB
79%
81%
81%
76%
78%
82%
Exim
56%
52%
55%
50%
60%
61%
NBC
90%
89%
90%
85%
82%
80%
NMB
92%
92%
91%
90%
92%
96%
Stan Chart
66%
61%
69%
69%
68%
76%
Stanbic
68%
54%
85%
81%
79%
79%
100%
96%
86%
85%
83%
Access
Akiba
87%
89%
90%
86%
86%
89%
Azania
45%
50%
48%
47%
52%
54%
BancABC
47%
36%
48%
47%
52%
47%
Bank M
56%
44%
41%
56%
62%
BOA
57%
49%
58%
54%
64%
61%
BOB
86%
76%
67%
57%
52%
61%
89%
67%
64%
57%
CBA
49%
48%
49%
47%
50%
48%
I&M
68%
65%
65%
62%
64%
58%
DTrust
72%
66%
66%
65%
73%
75%
7%
53%
BOI
Ecobank
FNB
86%
Habib
72%
71%
70%
67%
61%
69%
ICB
60%
60%
68%
46%
45%
61%
KCB
58%
59%
58%
57%
67%
70%
PBZ
78%
84%
73%
80%
83%
82%
NIC
68%
62%
51%
49%
67%
58%
94%
61%
57%
UBA
TIB
67%
54%
66%
73%
76%
82%
TPB
89%
89%
88%
87%
87%
90%
Twiga
78%
79%
71%
47%
61%
Advans
64%
100%
Amana
DCB
53%
67%
74%
63%
Efatha
63%
66%
49%
55%
Kagera
72%
71%
80%
80%
78%
76%
Kili Coop
85%
85%
88%
82%
80%
76%
Mbinga
88%
81%
87%
73%
76%
90%
97%
72%
67%
Mkombozi
Mufindi
89%
82%
87%
87%
84%
85%
Mwanga
72%
60%
68%
69%
62%
65%
Njombe
75%
TCB
100%
TWB
95%
78%
77%
69%
60%
66%
Uchumi
81%
87%
88%
85%
80%
79%
Total Sector
76%
73%
77%
74%
76%
78%
Large
77%
75%
80%
78%
80%
83%
Medium
65%
62%
61%
58%
63%
63%
NBFIs
78%
70%
74%
75%
78%
83%
Regional & Small
63%
71%
77%
69%
66%
69%
Total Sector
76%
73%
77%
74%
76%
78%
51
Table 49: Earning Assets to Total Assets

Ratios
Earning Assets to Total Assets

2006
2007
2008
2009
2010
2011
Barclays
90%
86%
81%
76%
79%
81%
Citibank
93%
86%
84%
80%
83%
87%
CRDB
84%
79%
82%
79%
80%
79%
Exim
85%
81%
84%
81%
85%
83%
NBC
81%
80%
80%
76%
75%
72%
NMB
85%
82%
83%
77%
77%
76%
Stan Chart
84%
85%
85%
85%
86%
71%
Stanbic
83%
85%
83%
82%
81%
79%
89%
52%
68%
70%
73%
Access
Akiba
82%
76%
82%
74%
73%
72%
Azania
82%
69%
81%
75%
78%
80%
BancABC
81%
93%
94%
85%
88%
84%
Bank M
75%
77%
84%
76%
81%
BOA
90%
85%
78%
80%
82%
82%
BOB
89%
87%
84%
86%
85%
86%
80%
83%
78%
83%
CBA
94%
81%
86%
82%
86%
84%
I&M
82%
84%
81%
81%
88%
88%
DTrust
86%
87%
87%
85%
85%
82%
59%
76%
BOI
Ecobank
FNB
74%
Habib
79%
76%
83%
83%
79%
81%
ICB
83%
81%
80%
78%
77%
86%
KCB
86%
78%
80%
77%
69%
78%
PBZ
78%
75%
68%
73%
76%
75%
NIC
86%
81%
87%
84%
85%
85%
51%
77%
61%
UBA
TIB
98%
98%
98%
95%
95%
96%
TPB
83%
83%
88%
89%
93%
90%
Twiga
84%
85%
84%
67%
67%
82%
Advans
72%
Amana
DCB
23%
86%
84%
84%
84%
Efatha
78%
79%
54%
61%
Kagera
66%
66%
77%
84%
84%
86%
Kili Coop
87%
88%
65%
65%
75%
78%
Mbinga
85%
84%
76%
73%
80%
82%
77%
84%
83%
Mkombozi
Mufindi
90%
82%
78%
68%
74%
74%
Mwanga
91%
94%
93%
93%
83%
81%
Njombe
74%
TCB
51%
TWB
77%
50%
90%
87%
92%
93%
Uchumi
72%
75%
70%
72%
68%
75%
Total Sector
85%
83%
83%
79%
80%
79%
Large
85%
82%
82%
79%
80%
77%
Medium
84%
82%
82%
80%
80%
81%
NBFIs
89%
91%
92%
89%
90%
93%
Regional & Small
85%
83%
81%
81%
79%
74%
Total Sector
85%
83%
83%
79%
80%
79%
52
Table 50: Net Interest Margin

Ratios
Net Interest Margin

2006
2007
2008
2009
2010
2011
Barclays
9%
11%
14%
11%
13%
12%
Citibank
34%
35%
16%
10%
16%
13%
CRDB
13%
15%
13%
12%
12%
12%
Exim
11%
12%
11%
9%
11%
11%
NBC
14%
17%
14%
15%
14%
13%
NMB
55%
43%
27%
21%
17%
19%
7%
11%
9%
10%
8%
8%
11%
14%
16%
13%
10%
10%
162%
56%
39%
37%
36%
27%
29%
29%
22%
23%
24%
7%
9%
9%
9%
9%
10%
11%
9%
8%
7%
10%
11%
5%
7%
7%
9%
10%
BOA
17%
18%
17%
11%
11%
10%
BOB
9%
15%
13%
9%
7%
9%
40%
15%
10%
9%
CBA
10%
12%
11%
10%
11%
10%
I&M
12%
13%
12%
10%
9%
8%
DTrust
11%
12%
10%
9%
10%
10%
Stan Chart
Stanbic
Access
Akiba
Azania
BancABC
Bank M
BOI
Ecobank
1%
FNB
9%
21%
Habib
14%
16%
13%
11%
9%
11%
ICB
15%
17%
23%
14%
12%
13%
KCB
10%
13%
11%
9%
11%
11%
PBZ
18%
30%
20%
20%
19%
16%
NIC
10%
12%
11%
UBA
11%
12%
9%
1013%
80%
16%
TIB
20%
19%
19%
18%
16%
16%
TPB
29%
28%
24%
23%
21%
22%
Twiga
20%
20%
11%
7%
10%
Advans
Amana
DCB
9%
118%
0%
12%
21%
26%
19%
19%
20%
Kagera
11%
13%
14%
16%
17%
13%
17%
19%
Kili Coop
15%
18%
26%
Mbinga
47%
26%
36%
19%
26%
25%
24%
20%
10%
102%
27%
22%
Efatha
Mkombozi
Mufindi
23%
26%
31%
36%
29%
28%
Mwanga
15%
16%
16%
18%
16%
16%
Njombe
38%
TCB
175%
TWB
Uchumi
21%
15%
21%
44%
20%
22%
4%
17%
23%
20%
18%
17%
Total Sector
15%
18%
15%
13%
13%
13%
Large
15%
18%
15%
14%
13%
13%
Medium
12%
14%
12%
11%
11%
11%
NBFIs
24%
23%
19%
17%
16%
17%
Regional & Small
13%
20%
25%
20%
20%
21%
Total Sector
15%
18%
15%
13%
13%
13%
53
Table 51: Total Expenses to Interest Income

Ratios
Total Expenses to Interest Income

2006
2007
2008
2009
2010
2011
Barclays
90%
103%
122%
116%
138%
161%
Citibank
51%
55%
76%
87%
86%
116%
CRDB
80%
81%
82%
84%
91%
89%
Exim
81%
88%
93%
94%
86%
89%
NBC
70%
72%
85%
80%
103%
127%
NMB
72%
73%
66%
76%
94%
83%
93%
84%
110%
105%
132%
108%
112%
111%
93%
114%
145%
119%
152%
217%
133%
105%
113%
Stan Chart
Stanbic
Access
Akiba
104%
104%
92%
109%
122%
122%
Azania
107%
100%
107%
99%
100%
102%
BancABC
122%
125%
107%
102%
101%
110%
Bank M
285%
182%
133%
110%
93%
BOA
108%
113%
114%
131%
129%
133%
BOB
58%
61%
69%
83%
88%
62%
114%
103%
102%
97%
CBA
163%
135%
116%
113%
115%
128%
I&M
75%
69%
66%
70%
73%
84%
DTrust
94%
89%
99%
94%
92%
91%
BOI
Ecobank
1442%
FNB
Habib
94%
89%
ICB
101%
KCB
166%
PBZ
NIC
96%
92%
97%
92%
106%
99%
138%
190%
149%
140%
138%
142%
144%
121%
122%
70%
90%
89%
109%
126%
92%
96%
101%
117%
120%
112%
577%
304%
267%
UBA
TIB
332%
19964%
75%
87%
75%
70%
91%
76%
TPB
145%
152%
139%
149%
150%
123%
Twiga
161%
178%
205%
190%
179%
189%
Advans
319%
Amana
DCB
85%
70%
71%
82%
Efatha
Kagera
77%
79%
391%
186%
103%
130%
124%
88%
106%
113%
Kili Coop
88%
134%
150%
120%
132%
119%
Mbinga
90%
128%
96%
155%
163%
70%
426%
173%
114%
Mkombozi
Mufindi
88%
114%
110%
94%
102%
102%
Mwanga
80%
81%
88%
87%
111%
104%
Njombe
132%
TCB
172%
TWB
Uchumi
350%
371%
211%
765%
192%
114%
286%
76%
69%
85%
98%
89%
Total Sector
84%
85%
90%
93%
106%
105%
Large
79%
80%
86%
88%
102%
101%
Medium
107%
104%
107%
111%
118%
118%
NBFIs
115%
122%
111%
110%
123%
103%
Regional & Small
90%
83%
83%
97%
103%
106%
Total Sector
84%
85%
90%
93%
106%
105%
54
Table 52: Interest Margin to Gross Income

Ratios
Interest Margin to Gross Income

2006
2007
2008
2009
2010
2011
Barclays
41%
43%
54%
50%
48%
48%
Citibank
50%
53%
40%
28%
36%
29%
CRDB
56%
57%
58%
55%
54%
62%
Exim
44%
40%
41%
36%
45%
47%
NBC
64%
64%
61%
60%
55%
55%
NMB
71%
73%
74%
70%
61%
67%
Stan Chart
47%
42%
43%
44%
36%
40%
Stanbic
43%
33%
57%
49%
42%
45%
97%
88%
78%
77%
76%
Access
Akiba
67%
73%
77%
70%
64%
65%
Azania
39%
42%
41%
42%
46%
44%
BancABC
35%
28%
36%
35%
37%
35%
Bank M
36%
29%
29%
39%
47%
BOA
42%
38%
44%
36%
41%
41%
BOB
64%
61%
51%
43%
40%
46%
77%
53%
51%
44%
CBA
37%
34%
34%
33%
35%
37%
I&M
50%
50%
49%
50%
46%
46%
DTrust
50%
47%
48%
50%
53%
55%
2%
35%
BOI
Ecobank
FNB
1%
Habib
48%
47%
42%
44%
34%
45%
ICB
41%
42%
49%
30%
21%
37%
KCB
36%
38%
38%
39%
46%
46%
PBZ
44%
49%
45%
54%
47%
53%
NIC
52%
49%
38%
38%
42%
41%
40%
39%
36%
UBA
TIB
52%
42%
56%
65%
61%
65%
TPB
52%
54%
57%
55%
54%
59%
Twiga
34%
40%
32%
24%
31%
33%
Advans
49%
Amana
DCB
0%
47%
61%
68%
56%
56%
62%
Kagera
46%
49%
54%
60%
36%
40%
51%
56%
Kili Coop
85%
76%
88%
Mbinga
68%
55%
70%
64%
55%
57%
45%
48%
73%
92%
57%
56%
Efatha
Mkombozi
Mufindi
75%
64%
70%
74%
68%
71%
Mwanga
55%
50%
57%
59%
51%
55%
Njombe
49%
TCB
98%
TWB
51%
68%
66%
59%
49%
58%
Uchumi
65%
78%
78%
77%
69%
65%
Total Sector
54%
53%
56%
53%
50%
53%
Large
56%
55%
58%
54%
51%
55%
Medium
47%
46%
45%
43%
44%
46%
NBFIs
49%
47%
53%
54%
53%
58%
Regional & Small
54%
62%
69%
59%
56%
60%
Total Sector
54%
53%
56%
53%
50%
53%
55
Table 53: Capital Adequacy

Capital Adequacy
2006
2007
2008
2009
2010
2011
Barclays
8%
11%
10%
12%
12%
10%
Citibank
9%
14%
21%
24%
21%
15%
CRDB
8%
9%
10%
11%
10%
9%
Exim
8%
8%
13%
11%
11%
11%
NBC
10%
11%
12%
13%
10%
10%
NMB
11%
11%
12%
12%
11%
13%
7%
13%
9%
11%
11%
11%
10%
8%
11%
11%
11%
11%
97%
65%
31%
29%
19%
Stan Chart
Stanbic
Access
Akiba
13%
16%
21%
17%
15%
14%
Azania
14%
11%
8%
8%
12%
18%
BancABC
17%
10%
13%
12%
10%
8%
11%
Bank M
16%
9%
8%
8%
BOA
9%
8%
9%
9%
7%
9%
BOB
27%
21%
21%
20%
20%
19%
50%
35%
28%
23%
CBA
16%
12%
7%
9%
7%
8%
I&M
15%
14%
13%
13%
15%
12%
DTrust
12%
16%
13%
11%
10%
11%
23%
13%
BOI
Ecobank
FNB
Habib
ICB
61%
10%
11%
11%
10%
10%
11%
9%
16%
15%
11%
15%
14%
KCB
22%
17%
11%
10%
10%
12%
PBZ
2%
9%
11%
13%
14%
12%
NIC
14%
14%
12%
19%
14%
12%
78%
40%
28%
34%
46%
38%
UBA
TIB
TPB
Twiga
33%
23%
27%
8%
7%
6%
7%
6%
8%
16%
11%
11%
10%
12%
12%
Advans
94%
Amana
DCB
76%
13%
16%
24%
17%
16%
17%
7%
8%
13%
17%
5%
Efatha
Kagera
12%
11%
14%
Kili Coop
22%
12%
8%
4%
7%
7%
Mbinga
15%
15%
14%
16%
7%
18%
72%
29%
28%
Mkombozi
Mufindi
14%
14%
15%
16%
14%
14%
Mwanga
12%
13%
12%
14%
15%
15%
Njombe
16%
TCB
91%
TWB
18%
-22%
-17%
47%
20%
15%
Uchumi
10%
10%
17%
18%
13%
15%
Total Sector
10%
11%
12%
13%
12%
12%
9%
11%
11%
12%
11%
11%
Medium
13%
14%
13%
13%
12%
13%
NBFIs
20%
16%
18%
22%
30%
27%
Regional & Small
14%
14%
20%
22%
17%
25%
Total Sector
10%
11%
12%
13%
12%
12%
Large
56
Table 54: Non Performing Loans to Gross Loans and Advances

Non-Performing Loans to Gross Loans & Advances

2006
2007
2008
2009
2010
2011
Barclays
0.0%
7.1%
0.0%
19.3%
25.3%
12.2%
Citibank
0.0%
0.0%
0.0%
0.0%
0.0%
21.0%
CRDB
3.0%
6.1%
4.5%
6.2%
11.8%
9.1%
Exim
0.0%
3.0%
0.0%
4.5%
4.3%
4.7%
NBC
4.4%
4.2%
4.3%
7.1%
17.0%
9.5%
NMB
5.9%
4.5%
5.6%
3.7%
3.7%
1.6%
Stan Chart
Stanbic
8.2%
7.0%
5.3%
7.5%
4.9%
4.8%
21.7%
24.8%
22.0%
12.5%
2.6%
1.5%
0.0%
1.3%
1.5%
2.7%
1.2%
3.9%
Access
Akiba
4.4%
6.7%
0.0%
0.0%
4.6%
Azania
5.7%
2.2%
4.7%
1.8%
4.5%
4.8%
BancABC
0.0%
5.9%
0.0%
6.4%
13.5%
32.2%
Bank M
0.0%
0.0%
0.6%
2.7%
2.0%
BOA
0.0%
0.0%
6.4%
2.7%
2.9%
2.6%
BOB
2.6%
8.7%
6.6%
5.6%
3.0%
5.4%
0.0%
0.1%
0.1%
2.2%
CBA
0.0%
5.9%
0.0%
0.0%
0.0%
4.9%
I&M
0.6%
0.9%
0.9%
0.5%
1.1%
0.6%
DTrust
2.2%
1.4%
0.9%
0.1%
0.0%
0.5%
0.0%
1.2%
BOI
Ecobank
FNB
0.0%
Habib
1.1%
0.1%
0.0%
0.0%
ICB
0.0%
35.0%
0.0%
0.0%
0.0%
4.9%
KCB
6.2%
7.1%
1.1%
6.7%
13.3%
11.1%
PBZ
0.0%
0.0%
0.0%
0.0%
0.0%
0.1%
NIC
0.0%
4.1%
0.0%
0.0%
7.5%
6.5%
0.0%
0.0%
0.5%
UBA
TIB
8.0%
TPB
Twiga
0.0%
8.2%
0.0%
26.4%
14.6%
0.9%
0.0%
5.9%
0.0%
7.3%
1.4%
53.3%
0.0%
10.8%
0.0%
0.0%
0.0%
11.2%
Advans
7.5%
Amana
DCB
0.0%
0.0%
0.0%
3.2%
0.0%
0.0%
Efatha
Kagera
Kili Coop
Mbinga
2.0%
0.0%
75.5%
0.0%
0.0%
5.2%
0.0%
6.7%
0.0%
29.4%
41.6%
1.9%
0.0%
0.0%
0.0%
0.0%
0.0%
23.5%
26.0%
26.0%
15.7%
8.7%
13.2%
7.1%
11.0%
0.0%
0.0%
4.6%
Mkombozi
Mufindi
0.0%
0.0%
5.7%
5.8%
7.6%
3.3%
Mwanga
5.4%
4.1%
3.1%
10.7%
10.2%
9.3%
Njombe
0.0%
TCB
0.0%
0.0%
TWB
0.0%
0.0%
2.4%
0.0%
4.0%
20.1%
Uchumi
0.0%
0.0%
0.0%
0.0%
0.0%
7.0%
Total Sector
5.2%
6.1%
4.2%
6.4%
8.4%
6.7%
Large
5.8%
6.4%
5.0%
7.0%
9.6%
6.5%
Medium
2.3%
4.4%
1.5%
2.2%
4.3%
5.9%
NBFIs
3.9%
7.6%
0.0%
16.7%
8.4%
15.1%
Regional & Small
0.8%
2.9%
0.8%
1.2%
2.9%
8.5%
Total Sector
5.2%
6.1%
4.2%
6.4%
8.4%
6.7%
57
Table 55: Total Capital to RWAs

Total Capital to RWAs

2006
2007
2008
2009
2010
2011
Barclays
13%
12%
16%
14%
19%
15%
Citibank
15%
23%
26%
21%
32%
31%
CRDB
10%
14%
14%
17%
15%
13%
Exim
15%
12%
24%
17%
16%
16%
NBC
17%
18%
16%
17%
15%
14%
NMB
22%
50%
26%
23%
24%
22%
Stan Chart
7%
18%
8%
12%
10%
9%
Stanbic
9%
10%
13%
18%
13%
12%
305%
88%
40%
41%
25%
Access
Akiba
19%
22%
33%
25%
22%
18%
Azania
18%
14%
10%
11%
18%
26%
BancABC
28%
18%
17%
16%
17%
13%
Bank M
20%
13%
9%
10%
15%
BOA
27%
20%
18%
14%
12%
13%
BOB
40%
45%
44%
37%
40%
34%
98%
66%
49%
38%
CBA
35%
24%
16%
20%
17%
13%
I&M
23%
22%
21%
22%
24%
17%
DTrust
16%
23%
18%
16%
17%
15%
BOI
Ecobank
37%
FNB
17%
169%
Habib
17%
17%
25%
22%
25%
18%
ICB
22%
40%
41%
40%
51%
31%
KCB
29%
21%
16%
12%
14%
16%
PBZ
7%
27%
34%
37%
39%
23%
NIC
21%
19%
22%
UBA
40%
24%
16%
502%
256%
57%
TIB
81%
66%
48%
60%
70%
60%
TPB
17%
13%
10%
15%
11%
13%
Twiga
30%
16%
14%
16%
18%
Advans
Amana
DCB
14%
220%
319%
19%
23%
36%
27%
Efatha
24%
25%
14%
15%
Kagera
18%
15%
17%
18%
24%
7%
Kili Coop
30%
17%
12%
7%
16%
11%
Mbinga
33%
23%
22%
25%
12%
22%
277%
73%
58%
Mufindi
17%
20%
20%
19%
17%
15%
Mwanga
19%
17%
15%
18%
19%
20%
Mkombozi
Njombe
19%
TCB
159%
TWB
19%
-30%
-20%
138%
32%
24%
Uchumi
15%
17%
29%
28%
20%
23%
Total Sector
16%
18%
17%
19%
18%
17%
Large
14%
16%
16%
18%
16%
15%
Medium
23%
23%
21%
21%
21%
19%
NBFIs
44%
34%
29%
40%
47%
40%
Regional & Small
20%
21%
30%
35%
27%
43%
Total Sector
16%
18%
17%
19%
18%
17%
58
Table 56: Core Capital to RWAs

Core Capital to RWAs

2006
2007
2008
2009
2010
2011
Barclays
13%
11%
16%
14%
19%
15%
Citibank
15%
16%
19%
16%
26%
33%
CRDB
10%
14%
14%
17%
15%
13%
Exim
14%
10%
15%
13%
13%
13%
NBC
17%
18%
16%
17%
15%
14%
NMB
47%
26%
23%
24%
22%
22%
Stan Chart
5%
15%
7%
11%
9%
9%
Stanbic
9%
10%
13%
17%
13%
13%
305%
86%
38%
39%
24%
Access
Akiba
16%
14%
30%
22%
15%
13%
Azania
17%
14%
9%
10%
17%
24%
BancABC
28%
18%
17%
16%
17%
13%
Bank M
20%
16%
9%
10%
13%
BOA
16%
20%
16%
13%
12%
13%
BOB
34%
36%
44%
36%
40%
33%
98%
66%
49%
38%
CBA
34%
23%
15%
16%
14%
9%
I&M
23%
22%
21%
22%
24%
17%
DTrust
16%
21%
17%
16%
16%
15%
BOI
Ecobank
37%
FNB
17%
169%
Habib
17%
17%
9%
22%
24%
17%
ICB
19%
34%
33%
29%
50%
29%
KCB
29%
21%
16%
11%
12%
12%
PBZ
0%
0%
31%
27%
31%
19%
NIC
21%
18%
22%
UBA
42%
24%
15%
466%
257%
58%
TIB
32%
61%
31%
55%
65%
52%
TPB
17%
12%
10%
15%
11%
12%
Twiga
23%
15%
13%
14%
14%
Advans
Amana
DCB
10%
220%
319%
13%
23%
32%
24%
Efatha
Kagera
17%
Kili Coop
19%
Mbinga
29%
15%
21%
23%
12%
10%
-4%
14%
10%
13%
6%
-3%
-10%
-3%
1%
17%
16%
12%
5%
16%
245%
72%
57%
Mkombozi
Mufindi
11%
4%
18%
19%
15%
13%
Mwanga
17%
16%
14%
13%
15%
16%
Njombe
8%
TCB
154%
TWB
38%
-38%
-24%
125%
30%
20%
Uchumi
15%
17%
29%
28%
12%
20%
Total Sector
14%
16%
16%
18%
17%
16%
Large
13%
15%
15%
17%
16%
15%
Medium
20%
20%
20%
19%
20%
17%
NBFIs
24%
32%
21%
36%
44%
34%
Regional & Small
14%
18%
26%
30%
24%
39%
Total Sector
14%
16%
16%
18%
17%
16%
59
Table 57: Liquid Assets to Total Assets

Liquid Assets to Total Assets

2006
2007
2008
2009
2010
2011
Barclays
40%
48%
39%
37%
50%
52%
Citibank
81%
69%
46%
55%
72%
71%
CRDB
53%
46%
40%
45%
47%
43%
Exim
48%
50%
51%
45%
44%
42%
NBC
52%
47%
36%
41%
43%
45%
NMB
80%
66%
56%
57%
56%
44%
Stan Chart
12%
40%
38%
49%
48%
48%
Stanbic
48%
71%
55%
60%
42%
37%
85%
29%
24%
34%
27%
Access
Akiba
44%
33%
40%
31%
36%
28%
Azania
22%
29%
16%
23%
38%
31%
BancABC
42%
56%
27%
36%
51%
47%
Bank M
40%
38%
24%
36%
34%
BOA
72%
71%
62%
52%
52%
43%
BOB
45%
69%
64%
57%
59%
55%
59%
51%
58%
55%
CBA
61%
57%
60%
58%
62%
48%
I&M
51%
50%
45%
45%
44%
37%
DTrust
40%
39%
37%
37%
42%
37%
51%
36%
BOI
Ecobank
FNB
76%
Habib
61%
68%
63%
59%
63%
55%
ICB
62%
66%
66%
77%
77%
61%
KCB
57%
41%
35%
34%
48%
35%
PBZ
79%
77%
74%
69%
71%
56%
NIC
40%
45%
48%
61%
51%
33%
84%
80%
51%
UBA
TIB
61%
68%
45%
48%
53%
37%
TPB
54%
44%
38%
55%
42%
48%
Twiga
57%
60%
26%
41%
35%
27%
Advans
60%
Amana
DCB
80%
36%
37%
37%
40%
Efatha
38%
35%
51%
47%
Kagera
33%
33%
20%
30%
35%
42%
Kili Coop
30%
35%
34%
53%
67%
48%
Mbinga
66%
43%
40%
42%
48%
22%
85%
69%
62%
Mufindi
22%
36%
29%
19%
23%
13%
Mwanga
47%
33%
27%
36%
30%
27%
Mkombozi
Njombe
20%
TCB
51%
TWB
7%
27%
19%
83%
48%
46%
Uchumi
36%
37%
42%
41%
40%
39%
Total Sector
54%
54%
44%
48%
50%
45%
Large
54%
54%
44%
49%
50%
46%
Medium
53%
53%
46%
45%
51%
42%
NBFIs
58%
59%
40%
49%
47%
39%
Regional & Small
36%
37%
36%
44%
44%
45%
Total Sector
54%
54%
44%
48%
50%
45%
60
Table 58: Liquid Assets to Deposit Liabilities

Liquid Assets to Deposit Liabilities

2006
2007
2008
2009
2010
2011
Barclays
44%
62%
48%
44%
61%
70%
Citibank
95%
85%
63%
77%
95%
85%
CRDB
59%
52%
45%
52%
54%
49%
Exim
58%
64%
66%
56%
53%
51%
NBC
62%
57%
45%
51%
52%
52%
NMB
93%
75%
64%
65%
64%
53%
Stan Chart
13%
49%
46%
64%
63%
58%
Stanbic
57%
85%
66%
70%
49%
44%
3999%
89%
41%
59%
37%
Access
Akiba
54%
41%
53%
38%
44%
33%
Azania
31%
40%
20%
29%
47%
39%
BancABC
55%
83%
32%
42%
58%
53%
Bank M
51%
45%
27%
40%
39%
BOA
80%
79%
70%
59%
57%
51%
BOB
64%
90%
85%
72%
76%
69%
131%
85%
87%
74%
CBA
77%
68%
69%
65%
68%
53%
I&M
61%
59%
52%
52%
52%
43%
DTrust
47%
48%
45%
43%
48%
43%
BOI
Ecobank
76%
FNB
44%
3040%
Habib
70%
78%
72%
67%
73%
62%
ICB
71%
81%
81%
87%
92%
74%
KCB
75%
51%
41%
39%
55%
41%
PBZ
88%
93%
92%
85%
86%
68%
NIC
47%
53%
56%
UBA
76%
61%
39%
457%
150%
71%
TIB
97%
95%
69%
79%
102%
63%
TPB
63%
51%
42%
61%
47%
54%
Twiga
69%
79%
31%
49%
43%
Advans
Amana
DCB
34%
2226%
355%
41%
45%
51%
51%
Efatha
45%
43%
55%
52%
Kagera
39%
44%
27%
37%
47%
50%
Kili Coop
39%
43%
38%
55%
73%
52%
Mbinga
78%
55%
56%
53%
54%
32%
336%
106%
95%
Mkombozi
Mufindi
27%
43%
42%
26%
31%
17%
Mwanga
59%
39%
32%
48%
37%
36%
Njombe
25%
TCB
563%
TWB
55%
30%
20%
157%
63%
58%
Uchumi
44%
48%
59%
50%
47%
47%
Total Sector
63%
65%
54%
58%
59%
54%
Large
62%
64%
53%
58%
59%
55%
Medium
64%
67%
56%
54%
60%
50%
NBFIs
76%
76%
52%
66%
71%
55%
Regional & Small
43%
45%
47%
60%
55%
63%
Total Sector
63%
65%
54%
58%
59%
54%
61
Table 59: Total Capital to Deposit Liabilities

Financial Soundness
Ratios
Total Capital to Deposit Liabilities

2006
2007
2008
2009
2010
2011
Barclays
8.9%
14.8%
12.5%
13.8%
14.4%
13.5%
Citibank
10.1%
17.7%
28.8%
33.1%
28.0%
17.6%
8.7%
10.3%
11.0%
12.8%
11.8%
10.6%
Exim
9.8%
10.6%
16.6%
13.7%
13.1%
13.3%
NBC
12.0%
13.7%
15.1%
15.7%
12.5%
11.4%
NMB
13.2%
12.0%
13.3%
13.2%
12.7%
15.8%
8.0%
16.0%
10.6%
14.2%
14.5%
13.1%
11.8%
9.5%
12.8%
12.9%
13.3%
12.9%
4576.5%
198.9%
51.5%
50.1%
26.8%
CRDB
Stan Chart
Stanbic
Access
Akiba
16.2%
19.9%
27.4%
21.2%
18.4%
17.1%
Azania
20.5%
14.6%
10.6%
10.3%
14.8%
22.6%
BancABC
22.1%
15.4%
15.1%
13.5%
11.5%
9.1%
Bank M
20.0%
11.1%
8.7%
9.0%
13.0%
BOA
10.0%
8.8%
10.6%
9.8%
8.2%
11.0%
BOB
38.5%
26.9%
27.4%
25.0%
25.2%
24.0%
109.9%
58.7%
42.2%
30.7%
CBA
20.3%
14.6%
8.3%
10.1%
8.1%
8.9%
I&M
17.5%
16.2%
14.8%
15.3%
17.2%
13.2%
DTrust
13.6%
19.9%
15.0%
13.1%
11.7%
12.3%
BOI
Ecobank
34.5%
FNB
15.4%
2452.7%
Habib
11.8%
12.1%
12.5%
11.6%
12.0%
12.4%
ICB
10.9%
19.6%
18.8%
12.2%
17.7%
17.3%
KCB
28.4%
20.9%
12.4%
11.7%
11.3%
13.8%
PBZ
2.4%
10.5%
13.2%
16.2%
16.4%
14.6%
NIC
16.6%
16.4%
14.4%
UBA
TIB
TPB
Twiga
51.7%
32.2%
41.9%
23.2%
17.4%
13.6%
419.7%
75.3%
38.8%
55.5%
87.4%
63.6%
9.3%
8.2%
6.8%
7.6%
7.1%
9.3%
19.8%
14.5%
13.1%
11.8%
14.5%
15.2%
Advans
3515.0%
Amana
DCB
333.3%
15.0%
18.9%
32.3%
22.5%
18.7%
20.4%
7.1%
8.6%
16.3%
23.0%
5.7%
Efatha
Kagera
14.3%
14.3%
18.6%
Kili Coop
29.5%
14.2%
8.8%
3.7%
7.4%
7.3%
Mbinga
17.6%
18.7%
19.8%
19.9%
8.4%
25.4%
285.3%
43.9%
42.2%
Mkombozi
Mufindi
16.0%
16.5%
22.1%
21.5%
19.2%
17.1%
Mwanga
15.3%
15.0%
14.0%
18.0%
17.5%
20.7%
Njombe
19.4%
TCB
995.5%
TWB
134.4%
-24.2%
-18.2%
88.1%
25.7%
19.1%
Uchumi
12.0%
13.4%
24.5%
21.8%
14.9%
18.0%
Total Sector
11.6%
13.6%
14.2%
15.3%
14.7%
14.6%
Large
10.5%
12.7%
13.6%
14.6%
13.6%
13.0%
Medium
16.0%
17.2%
15.2%
15.4%
14.2%
15.2%
NBFIs
26.3%
20.8%
23.2%
29.3%
44.4%
37.8%
Regional & Small
16.2%
17.3%
26.9%
29.4%
20.7%
35.6%
Total Sector
11.6%
13.6%
14.2%
15.3%
14.7%
14.6%
62
Appendix III: Charts for individual banks
63
-10.0%
-50.0%
-100.0%
Barclays
Citibank
CRDB
Exim
NBC
NMB
Stan Chart
Stanbic
Access
Akiba
Azania
BancABC
Bank M
BOA
BOB
BOI
CBA
I&M
DTrust
Ecobank
FNB
Habib
ICB
KCB
PBZ
NIC
UBA
TIB
TPB
Twiga
Advans
Amana
DCB
Efatha
Kagera
Kili Coop
Mbinga
Mkombozi
Mufindi
Mwanga
Njombe
TCB
TWB
Uchumi
-5.0%
Barclays
Citibank
CRDB
Exim
NBC
NMB
Stan Chart
Stanbic
Access
Akiba
Azania
BancABC
Bank M
BOA
BOB
BOI
CBA
I&M
DTrust
Ecobank
FNB
Habib
ICB
KCB
PBZ
NIC
UBA
TIB
TPB
Twiga
Advans
Amana
DCB
Efatha
Kagera
Kili Coop
Mbinga
Mkombozi
Mufindi
Mwanga
Njombe
TCB
TWB
Uchumi
Figure 19: ROAA for all the banks
ROAA
5.0%
0.0%
-15.0%
-20.0%
-25.0%
-30.0%
Figure 20: ROAE for all the banks
ROAE
150.0%
100.0%
50.0%
0.0%
-150.0%
64
Barclays
Citibank
CRDB
Exim
NBC
NMB
Stan Chart
Stanbic
Access
Akiba
Azania
BancABC
Bank M
BOA
BOB
BOI
CBA
I&M
DTrust
Ecobank
FNB
Habib
ICB
KCB
PBZ
NIC
UBA
TIB
TPB
Twiga
Advans
Amana
DCB
Efatha
Kagera
Kili Coop
Mbinga
Mkombozi
Mufindi
Mwanga
Njombe
TCB
TWB
Uchumi
Barclays
Citibank
CRDB
Exim
NBC
NMB
Stan Chart
Stanbic
Access
Akiba
Azania
BancABC
Bank M
BOA
BOB
BOI
CBA
I&M
DTrust
Ecobank
FNB
Habib
ICB
KCB
PBZ
NIC
UBA
TIB
TPB
Twiga
Advans
Amana
DCB
Efatha
Kagera
Kili Coop
Mbinga
Mkombozi
Mufindi
Mwanga
Njombe
TCB
TWB
Uchumi
Figure 21: Operating efficiency for individual banks
Operating Efficiency 2011
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
Figure 22: Portfolio Yield for individual banks
Portfolio Yield
30.0%
25.0%
20.0%
15.0%
10.0%
5.0%
0.0%
65
-100.0
-200.0
Barclays
Citibank
CRDB
Exim
NBC
NMB
Stan Chart
Stanbic
Access
Akiba
Azania
BancABC
Bank M
BOA
BOB
BOI
CBA
I&M
DTrust
Ecobank
FNB
Habib
ICB
KCB
PBZ
NIC
UBA
TIB
TPB
Twiga
Advans
Amana
DCB
Efatha
Kagera
Kili Coop
Mbinga
Mkombozi
Mufindi
Mwanga
Njombe
TCB
TWB
Uchumi
Figure 23: Earnings Per Staff
Earnings per staff
600.0
500.0
400.0
300.0
200.0
100.0
0.0
66

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2011 Tanzania Banking Sector Performance Review

TANZANIA BANKING SECTOR PERFORMANCE REVIEW