At a Glance
- CRDB’s shares rise 52%, boosting market value to $1.83 billion in 2026.
- Strong 2025 earnings of $207 million reinforce investor confidence and financial sector growth.
- Expansion under CEO Nsekela strengthens branches, digital banking, and regional operations.
CRDB Bank has emerged as the most valuable company on the Dar es Salaam Stock Exchange (DSE), reaching a market capitalization of Tsh4.62 trillion ($1.83 billion) in 2026.
The milestone positions the lender ahead of its peers, including longstanding market leader NMB Bank and KCB Bank, reflecting growing investor confidence in Tanzania’s financial sector.
Share price jump drives market leadership
CRDB’s share price has climbed sharply over the year, surging 52 percent since January. The increase lifted its market value from just under Tsh3.03 trillion ($1.24 billion) to $1.8 billion, giving CRDB a 17.47 percent share of the DSE’s total market capitalization, now estimated at Tsh26.46 trillion ($10.49 billion).
| S/N | Top 5 firms on Dar es Salam Bourse | Current Share Price (Tsh) | Market valuation (Tsh) | Market valuation ($) |
| 1 | CRDB Bank | 480 | 4,622,950,000,000 | $1,832,064,146.89 |
| 2 | NMB Bank | 9,120 | 4,560,000,000,000 | $1,806,988,424.58 |
| 3 | KCB Bank | 1,400 | 4,158,480,000,000 | $1,647,878,338.56 |
| 4 | EABL | 4,160 | 3,289,620,000,000 | $1,303,575,715.19 |
| 5 | TBL | 9,440 | 2,838,440,000,000 | $1,124,846,947.28 |
| TOTAL | 19,469,940,000,000 | $7,715,964,435.84 |
Strong earnings fuel investor confidence
The Bank’s profit after tax for the first nine months of 2025 surged by 27.1 percent year-on-year. The Group’s cumulative profit after tax reached Tsh522.8 billion ($207.16 million), driven by strong growth in net interest income.
Maintaining tier-one banking status
The Group’s balance sheet demonstrates considerable expansion and stability. Total assets grew to Tsh20.46 trillion ($8.11 billion) as of 30th September 2025, up from Tsh18.42 trillion ($7.33 billion) in the prior year. This growth was supported by a significant increase in customer deposits and loans.
In November 2025, CRDB Bank reached a historic mark during the official listing of the CRDB Al Barakah Sukuk of Tsh125.4 billion ($50 million), marking a breakthrough in the development of Tanzania’s capital markets and the advancement of Islamic finance in the country.
Expansion under CEO Abdulmajid Mussa Nsekela
Under the leadership of Chief Executive Officer Abdulmajid Mussa Nsekela, CRDB has strengthened its branch network, digital banking services, ATM footprint, and agency banking operations.
This multi-channel approach has enhanced both corporate and retail customer acquisition while supporting steady growth in deposits and lending.
Part of a wider East African growth strategy
CRDB benefits from regional investments, technology upgrades, and harmonized banking products, enabling accelerated growth across retail, corporate, and trade finance sectors.
CRDB Bank’s $1.8 billion valuation highlights the resilience of Tanzania’s banking sector, increasing investor confidence, and the strategic role of CRDB’s operations in the broader financial landscape of East Africa.
