Bank M has started procedures to issue an Initial Public Offer (IPO) at the Dar es Salaam Stock Exchange (DSE) in a bid to raise additio...
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Showing posts with label Banks. Show all posts
Showing posts with label Banks. Show all posts
Tanzania: CRDB microfinance profit soars
CRDB Bank’s Microfinance Service Company has posted a pretax profit increase 41 per cent to 8.58bn/-, thanks to overall growth of busine...
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AccessBank injects 8bn/- extra capital
AccessBank Tanzania (ABT) shareholders have approved a capital increase of 8.0bn/- in order to support expansion of the bank. ABT Chief Ex...
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Tanzania: Vehicle imports in transit decline at Dar port
Vehicle imports in transit through Dar es Salaam port has declined by 18.9 per cent in the first two months of this year, as the port lo...
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Tanzania: CRDB provides 250m/- to support police transformation
CRDB Bank has contributed 255m/- toward police transformation programme that seeks to, among other things, bring about rapid deployment of...
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Fastjet, NMB sign deal to ease flight ticket payments
Tanzania's low-cost airline, Fastjet has signed a partnership agreement with the National Microfinance Bank (NMB) to enable bank cus...
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Tanzania: Banks fail to comply with BoT’s customer charter
Financial institutions have failed to fully comply with regulator’s customer charter to put sign of how they should channel complaints t...
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Bank saving culture in Tanzania still low
Over 90 per cent of bank clients have less than 1.5m/-in their accounts as they the banks to channel their salaries only, according to a C...
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