Five Tanzanian banks fined for breaching AML laws
The Bank of Tanzania has penalised five commercial banks for violating the country’s anti-money (AML) laundering laws. African Banking Corporation…
The Bank of Tanzania has penalised five commercial banks for violating the country’s anti-money (AML) laundering laws. African Banking Corporation…
Tanzania has fined local lender National Bank of Commerce (NBC) for failing to establish a data centre in the country.…
The Central Bank of Tanzania has issued a new circular that mandates all financial institutions in the country to establish…
The central bank of Tanzania has fined local lender Diamond Trust Bank for violating regulatory rules on data and service…
Tanzania is set to reduce the capital reserve requirements of the banks in a bid to boost lending in the…
Exim Bank Tanzania Group has made an offer to buy the entire assets and liabilities of UBL Bank Tanzania (UBLT).…
Tanzanian lender CRDB Bank has implemented Nucleus Software’s FinnOne Collections and Lending Analytics platform to improve loan collections and reduce…
The International Monetary Fund (IMF) has said around half of the Tanzanian banks are at the risk of insolvency and…