Dar es Salaam. The Tanzania Agricultural Development Bank (TADB) has announced a dividend payment of Sh8.38 billion to the government for the 2025/26 financial year.
The announcement was made on Friday, May 15, during the bank’s shareholders’ meeting in Dar es Salaam.
The dividend represents an increase of 50.2 percent compared to the Sh5.58 billion paid during the 2024/25 financial year.
Speaking during the meeting, the Treasury Registrar, Nehemiah Mchechu, commended the bank for its strong performance and continued contribution to the growth of Tanzania’s agricultural sector.
He said the government would continue supporting TADB because of its strategic role in promoting agriculture, livestock and fisheries development.
Mr Mchechu said the government has so far invested Sh452.37 billion as capital in the bank.
He noted that the investment was aimed at strengthening agriculture as a key driver of economic growth and employment creation in the country.
He also praised the bank’s board, management and staff for improving operational efficiency and ensuring that public investment delivers value to the nation.
Meanwhile, TADB managing director Frank Nyabundege thanked the sixth-phase government under President Samia Suluhu Hassan for continued support towards the bank’s operations and long-term objectives.
According to the financial report presented during the meeting, TADB recorded a pre-tax profit of Sh35.45 billion in 2025, up from Sh24.68 billion in 2024.
Profit after tax also increased by 50 percent to reach Sh27.94 billion.
The bank’s loan portfolio grew significantly from Sh534.16 billion in 2024 to Sh806.75 billion in 2025, marking a 51 percent increase.
TADB’s total assets also expanded by 41 percent to Sh1.3 trillion during the same period.
Mr Nyabundege attributed the bank’s strong performance to increased financial resources, higher capital investment, a supportive operating environment and government backing.
He said the achievements reflected the success of efforts to strengthen agricultural financing and improve access to credit for productive sectors of the economy.
The Office of the Treasury Registrar also pledged to continue closely monitoring public investments in state institutions and corporations to ensure efficiency, accountability and contribution to national development.
