Shelter Afrique Development Bank Reports 20 Percent Growth in Profitability

Author: NkwamePublished on: June 11, 2026Country: Tanzania

Business & Economy

Shelter Afrique Development Bank Reports 20 Percent Growth in Profitability

Shelter Afrique Development Bank reported a comprehensive profit of US$2.14 million for the year ended December 2025, a 20% increase from 2024. Loan disbursements surged 162% to US$63 million, and the net loan portfolio grew 29% to US$174.08 million. Total assets rose 12% to US$235 million, and shareholders' funds reached US$176.09 million. The bank also secured a US$120 million concessional facility from BADEA under its Capital Increase Programme.

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