Dar es Salaam. Three state-owned banks – TIB Development Bank, Azania Bank and Tanzania Commercial Bank (TCB) – are burdened by risky loans, capital inadequacy and non-compliance with regulatory.
Azania Bank Limited, in partnership with the Zanzibar Housing Corporation (ZHC), yesterday launched a loan service for houses built by the corporation in various parts of Unguja and Pemba islands.
Shareholders in commercial banks look set to rake in more through dividends, thanks to a massive rise in lenders’ profits during the 2023 calendar year
Shareholders in commercial banks look set to rake in more through dividends, thanks to a massive rise in lenders’ profits during the 2023 calendar year