IFC AND CRDB BANK SIGN LANDMARK $75 MILLION LOAN AGREEMENT, COMMIT TO SUPPORT SME AND AGRIBUSINESS SECTORS IN TANZANIA

   Mr Sunday Shomari of VOA's Swahili Service (left) chats with senior officials from the Treasury before the signing ceremony of  a landmark $75 million loan agreement signing ceremony with the International Finance Corporation (IFC) aimed at providing support to small businesses, particularly those owned by women, as well as to farmers and agribusiness in Tanzania held at the IFC headquarters in Washington DC on...

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Habari Zinazoendana

11 years ago

Michuzi

12 Apr

IFC and CRDB Bank commit to support SME and agribusiness sectors in Tanzania

Dr. Charles Stephen Kimei, Managing Director of CRDB Bank Group, speaks during a landmark $75 million loan agreement signing ceremony with the International Finance Corporation (IFC) aimed at providing support to small businesses, particularly those owned by women, as well as to farmers and agribusiness in Tanzania held at the IFC headquarters in Washington DC on Friday April 11, 2014 in the sidelines of  the World Bank-IMF Spring Meeting. The IFC, a member of the World Bank Group, on...

 

11 years ago

Michuzi

12 Apr

Finance Minister speaks during the signing ceremony of CRDB Bank's landmark $75 million loan agreement signing ceremony with the (IFC)

Finance Minister Hon. Saada Mkuya Salum speaks during the signing ceremony of CRDB Bank's  landmark $75 million loan agreement signing ceremony with the International Finance Corporation (IFC) aimed at providing support to small businesses, particularly those owned by women, as well as to farmers and agribusiness in Tanzania held at the IFC headquarters in Washington DC on Friday April 11, 2014 in the sidelines of the World Bank-IMF Spring Meeting.

 

11 years ago

Michuzi

NIC Bank Tanzania receives TZs 8.5Billion capital boost:Funds to support the Bank’s lending capacity targeted at Corporate and SME market

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...

 

11 years ago

Michuzi

14 Apr

Video and audio : IFC - CRDB Bank Signing Ceremony Program Washington DC

Dr. Charles Stephen Kimei, Managing Director of CRDB Bank Group (second left), and Mr. Jean Philippe Prosper, IFC Vice President for Sub-Saharan Africa, signing the landmark $75 million loan agreement at the IFC headquarters in Washington DC on Friday April 11, 2014 witnessed by the Chairman of the board of Directors Mr Martin J. Mmari (left) and IFC's Principal Operations Officer, Ms. Wendy Teleki (second right), and the Head of Blended Finance Ms. Kruskaia Sierra Escalante.

 

11 years ago

GPL

VIDEO AND AUDIO: IFC - CRDB BANK SIGNING CEREMONY PROGRAM WASHINGTON DC‏

Dr. Charles Stephen Kimei, Managing Director of CRDB Bank Group (second left), and Mr. Jean Philippe Prosper, IFC Vice President for Sub-Saharan Africa, signing the landmark $75 million loan agreement at the IFC headquarters in Washington DC on Friday April 11, 2014 witnessed by the Chairman of the board of Directors Mr Martin J. Mmari (left) and IFC's Principal Operations Officer, Ms. Wendy Teleki (second right), and the Head...

 

9 years ago

TheCitizen

31 Aug

Exim Bank in Sh42bn loan agreement

Exim Bank Tanzania has signed a $20 million (about Sh42 billion at the prevailing exchange rate) loan agreement with Germany’s private enterprise lender, Deutsche Investitions und Entwicklungsgesellschaft MBH (DEG) to support Tanzania’s small and medium-sized enterprise sector (SME).

 

9 years ago

TheCitizen

01 Jan

Bank signs agreement to give farmers Sh1bn loan

Tanzania Agricultural Development Bank Limited (TADB) has signed a loan agreement with eight groups of Iringa farmers to offer Sh1 billion.

 

10 years ago

Michuzi

NHC Sign Multi Million dollar Cooperation agreement with Chinese Firms

 The National Housing Corporation(NHC) Director General Nehemiah Mchechu and a representative of China Poly Technologies Inc. Sign a Memorandum of Understanding for investment of USD 200 Million to Valhalla Project located at Masaki in Dar es Salaam. 
The Signing ceremony took place during the 3rd Tanzanian-China Business Forum held in Beijing this morning in the presence of President Dr. Jakaya Mrisho Kikwete(not in the picture). During the same occasion the NHC signed two other MoUs with...

 

10 years ago

TheCitizen

02 Nov

CRDB secures over Sh43bn loan from European Investment Bank

>CRDB Bank has received yet another boost that will help it in providing financial support to small businesses in the country.

 

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