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NATIONAL BANK OF COMMERCE LTD

REPORT OF THE CONDITION OF BANK PURSUANT TO SECTION 32(3) OF THE BANKING

AND FINANCIAL INSTITUTION ACT 2006.

 

 

BALANCE SHEET AS AT 30 JUNE 2008

 

(AMOUNT IN MILLION SHILLINGS)

 

 

Position as  at

Position as  at

 

 

30-Jun-08

31-Mar-08

 

 

 

A

ASSETS

 

 

1

Cash

                                 49,669

                                 58,159

2

Balances with Bank of Tanzania

                                 77,949

                                 93,756

3

Balances with other banks

                               160,013

                               229,759

4

Cheques in the course of collection

                                 23,687

                                 16,469

5

Investment in Government securities

                               173,622

                               155,424

6

Investment in other securities

                                          -  

                                          -  

7

Loans, Advances & Overdraft

                               525,485

                               486,047

 

 (Net of allowances for Probable Losses)

 

 

8

Bills negotiated

                                   1,809

                                   2,341

9

Equity Investments

                                          -  

                                          -  

10

Customer liabilities on acceptances

                                          -  

                                          -  

11

Fixed assets (less depreciation)

                                 46,325

                                 38,665

12

Interbranch Suspense (Net)

                                   1,576

                                       708

13

Deferred Tax

                                   7,121

                                   7,055

14

Other assets

                                   6,223

                                   7,324

 

 

 

 

TOTAL ASSETS

                           1,073,479

                           1,095,709

 

 

 

B

LIABILITIES

 

 

 

 

 

1

Customer deposits

                               852,631

                               880,550

2

Deposits From Other Banks

                                   2,498

                                   5,866

3

Cash Letters of Credit and Guarantees

                                   6,624

                                   9,296

4

Bills Payable

                                 18,486

                                   8,555

5

Bankers' Cheques & Drafts Issued

                                   2,993

                                       906

6

Accrued Taxes and expenses payable

                                 14,550

                                 12,491

7

Acceptances Outstanding

 

 

8

Interbranch Suspense (Net)

                                       205

                                     (445)

9

Proposed Dividend

                                          -  

                                          -  

10

Deferred  Tax

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