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IPO Details
Company Profile
Summary of the Offer
Important Highlights
Important Dates
Advisers and Vendors
Historical Financials
IPO Prospectus
In the News
 

Company Profile
Name National Microfinance Bank Limited (NMB)
Security Type Ordinary
Ticker NMB
Reuters Code
ISIN
Number of Employees 2,478
Address NMB HOUSE
AZIKIWE/JAMUHURI STREET
DAR ES SALAAM, TANZANIA
Website www.nmbtz.com
Phone +255-0-22-2161000
Fax
Email info@nmbtz.com
Nature of Business In 1997, the National Microfinance Bank Limited Incorporation Act established the NMB. In practice, this meant that NMB only provided payment services, savings accounts etc., and no or limited borrowing services. The Government of the Uni t e d Republic of Tanzania started the privatisation process in 2005, and sold part of its shareholding (49%) to a consortium led by the Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. ('Rabobank Group').

Summary of the Offer
Offer Type Initial Public Offering 
Offer Method Offer for Subscription 
Purpose  
Utilization of Proceeds  
Target Investors  

Important highlights of the issue
Par Value of each share TZS  
Authorised Share Capital
Fully Paid Share Capital 500,000,000 
Shares Offered for Sale 105,000,000 
% of Fully Paid Shares Offered for Sale 21.00% 
Offer Price per Share TZS  600.00 
Price Earning (PE) Ratio at Offer Price 6.31 
Dividend Yield at Offer Price 5.23% 

Important dates and times
Offer Open Date Monday, Aug 18, 2008 
Offer Close Date Monday, Sep 08, 2008 
Results of Allocation Announced Pending 
Commencement of Trading on Dar es Salaam Stock Exchange Pending 

Advisers to the Company and the Vendors

Historical financial and Operating results
Key Numbers
Fiscal Year End December
Currency Tanzania-Shilling (TZS)
Sales (in millions) 167,933.00
1 Year Sales Growth +8.72%

Annual Income Summary (in millions except EPS data)
December 31, 2009 December 31, 2008 December 31, 2007 --
Sales 167,933.00 154,470.00 134,621.00 --
Pre-Tax Income 68,038.00 70,935.00 57,927.00 --
Net Income 47,550.00 48,707.00 38,835.00 --
Average Shares 500.00 500.00 500.00 --
EPS 95.10 97.41 77.67 --
Total DPS 31.40 30.00 22.00 --

Quarterly Income Summary (in millions except EPS data)
-- -- -- --
Sales -- -- -- --
Cost of Goods -- -- -- --
Gross Profit -- -- -- --
Pretax Income -- -- -- --
Net Income -- -- -- --
Average Shares -- -- -- --
EPS -- -- -- --

Annual Balance Sheet Summary (in millions)
December 31, 2009 December 31, 2008 December 31, 2007 --
Cash & Equivalents -- -- -- --
Total Current Assets -- -- -- --
Total Liabilities -- -- -- --
Share Holder Equity -- -- -- --
Long Term Debt -- -- -- --

Annual Consolidated Cash Flow (in millions)
December 31, 2009 December 31, 2008 December 31, 2007 --
Net cash flows generated from (used in) in operating activities 136,571.00 -17,602.00 149,765.00 --
Net cash flows generated from (used in) in investing activities 29,408.00 11,077.00 -34,044.00 --
Net cash flows generated from (used in) in financing activities -15,000.00 -11,000.00 -8,000.00 --

IPO Prospectus
No IPO Prospectus at this time.

In the News
Latest Company Press Releases
No Company Press Releases at this time.

Latest Company News
No Company News at this time.

Company Market Announcements
No Company Market Announcements at this time.

 
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