News Tanzania Bank deposits: The International Banker 2023 Middle East & Africa Awards Winners
The best banking institutions in retail, commercial, private and investment banking are highlighted, along with two outstanding CEOs from their regions.
News Tanzania Bank deposits: South Sudan moves to protect bank deposits with insurance scheme
In Uganda, the Deposit Protection Fund increased the amount it pays each depositor of a failed bank to Ush10 million ($2,648.46), from Ush3 million ($794.5), while in Tanzania, the Deposit Insurance ...
News Tanzania Bank deposits: NMB shareholders to take home record Sh143.1 billion dividends
Dar es Salaam. NMB shareholders are set to take home a record Sh143.1 billion in dividends, thanks to a monumental rise in the lender’s profitability in 2022.The bank’s shareholders approved the dividend payout during their Annual General Meeting (AGM) at the weekend.This means each shareholder will receive a cash dividend of Sh286 per share, rising from Sh193 dividend per share, which translated to Sh96.7 billion for the year ended December...
News Tanzania Bank deposits: Tanzania: Central Bank Ups Recovery Deposits
THE Central Bank has raised the maximum reimbursements for depositors of liquidated banks from 1.5m/- to 7.5m/-, effective from February 1, this year following public outcry over the amount previously seen to be too little.
News Tanzania Bank deposits: In-Depth| Reining in the Crypto-verse: A deep dive into how cryptocurrencies are being regulated across the world
Countries on this list include Tanzania, Toga and Turkey to name a ... sector before it’s “too late”. Former Reserve Bank of India governor Raghuram Rajan stated that “most existing ...
News Tanzania Bank deposits: Tanzania: Year-Ender - Remarkable Feat As Tz Ups Diamond Stakes
AS 2021 winds down as a remarkable year for Tanzania after the mineral-rich East African country succeeded to up its stake in diamond mining. For years, the Tanzanian government's stake in the largest ...
News Tanzania Bank deposits: Why Nigeria has poor savings’ culture
Nigeria’s high fertility rate has been identified as the reason the country has low bank deposit and invariably poor savings. According to Fertility forecasts, Nigeria, Tanzania, Angola and ...
