61pc of bank branches are in 5 regions

The United Bank of Africa Tanzania (Uba) is planning to open branches in Mtwara, Mwanza, Arusha and Mbeya regions.

CRDB Bank’s plan to open subsidiaries in Zambia and the Democratic Republic of Congo (DRC) will materialise next year after completion of an ongoing feasibility study, the bank has announced.

 Ajmair Riaz, Country Head of Retail Banking, Standard Chartered Bank Tanzania.***************************Monday 18 th May 2020 – Standard Chartered Bank Tanzania has become the first Bank in Tanzania to announce relief measures for its Individual and Business Clients whose income and cash flows have been affected by the COVID-19 pandemic.
In a statement issued by the Bank, Mr. Ajmair Riaz, the Bank’s Country Head of Retail Banking, said that his team has been working very...

 

-This represents a major vote of confidence in AfrAsia business model

 AfrAsia Bank Limited (http://www.afrasiabank.com/en)  today announced the addition of an important world-class strategic partner, National Bank of Canada, to its shareholding structure.   This represents a major vote of confidence in its business model, financial standing and unique positioning in regional and international markets. National Bank of Canada will immediately acquire a 9.5% stake in AfrAsia Bank, with the...

Mr. Pim van Ballekom, European Investment Bank Vice President for Africa and Mr. Ammish Owusu-Amoah, Managing Director of BANK OF AFRICA - TANZANIA signing of MOU between the two parties to unlock Euros 7 M in Tanzania.  Mr. Pim van Ballekom, European Investment Bank Vice President for Africa and Mr. Ammish Owusu-Amoah, Managing Director of BANK OF AFRICA - TANZANIA exchange documents after signing of MOU between the two parties to unlock Euros 7 M in...

Thai bank loans may grow more than 2% this year -c.bank  ReutersBank loans may grow more than 2% this year: BoT  Bangkok PostView Full coverage on Google News

NIC Bank Tanzania will benefit from Tzs 8.5 Billion of additional capital from the Bank’s shareholders. The funds will be disseminated in two tranches of Tzs 5.8B with the injection of additional capital from NIC Bank Kenya already done in December 2013, with the Tzs 2.7B balance from the other local shareholders of NIC Bank Tanzania expected within a period of 6 months but no later than June 2014.

“A growing financial need in this market has required that NIC Bank Tanzania further grow...

Northern Regions - Homes for Homeless Children or Illegal Youth's Centres?
AllAfrica.com
Arusha — FOR some reason the Northern Zone regions boast the lion share of all the country's children homes and related institutions and so far Arusha tops the bill boasting around 40 such 'children care' centres operating in the region. Now, trouble is that, ...

Daily News
TCRA says only three regions yet to go digital
Daily News
THE Tanzania Communications Regulatory Authority (TCRA) Director General, Prof John Nkoma, has said that as only three regions are yet to go digital, the public will get value-added services due to technological migration. Speaking to reporters in Dar es ...