Bank’s IPO issue Nov 3

>Barclays Bank Tanzania customers who apply for automated teller machine (ATM) cards will be able to receive them within 20 minutes.

>The Initial Public Offering (IPO) issued by Mkombozi Commercial Bank last month has been undersubscribed by 25 per cent as the bank is expected to list on the Dar es Salaam Stock Exchange next week.

   
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Finally, the puzzle on the IPTL, PAP and Tegeta escrow account has been solved in Parliament amid hot debates among MPs.

   
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 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