National Microfinance Bank Plc. reported earnings results for the first quarter ended March 31, 2017. For the quarter, the company has posted a 4% increase in net profit. The bank's profit after tax (PAT) for the three months ending March 31, 2017 grew to TZS 40.9 billion from TZS 39.3 billion recorded for the same period in 2016. Total operating income rose by 4.6% from TZS 56.1 billion recorded at the end of the first quarter in 2016 to TZS 58.7 billion in 2017. This growth was driven by an increase in both the net interest income as well as the foreign exchange revenue which increased by 41% from TZS 3.5 billion in the previous year to TZS 4.9 billion in 2017. Net interest income was TZS 115.9 billion, a 9.4% increase from TZS 106.0 billion for the first quarter of 2016 and a 0.9% increase compared to TZS 114.9 billion recorded in the last quarter of 2016.