Investors seek growth as Tanzania opens new opport...
Digital connectivity drives financial inclusion, s...
Tanzania supports blended financial initiative to ...
Tanzania’s gold exports cushion economy as o...
Tanzania’s Coffee Industry Targets Another R...
Tanzania sees 12.63 percent increase in number of ...
NCBA deepens SME financing, targets wider financia...
Tanzania hits heights in financial inclusion as mo...

Tanzania: Central Bank Ups Recovery Deposits

Published on: Sunday 07 May 2023

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 source: https://allafrica.com/stories/202305080064.html

Share this news on: Facebook Twitter

RELATED NEWS

» The International Banker 2023 Middle East & Africa Awards Winners

» South Sudan moves to protect bank deposits with insurance scheme

» NMB shareholders to take home record Sh143.1 billion dividends

» Tanzania: Central Bank Ups Recovery Deposits

» In-Depth| Reining in the Crypto-verse: A deep dive into how cryptocurrencies are being regulated across the world

HEADLINE NEWS

» Tanzania bans agriculture imports from South Africa, Malawi
» Tanzania: Budget Financing On Right Track
» Tanzania receives Sh1.1trillion grant from European Commission
» Tanzania Current-Account Deficit Widened in 1st Half
» Tanzania: Union Govt Throws Weight on Isles Blue Economy
» Kenya -Tanzania trade at $905.5 million - official
» Tanzania: President Samia seeks financing for women, youth from AfDB
» Tanzania, Kenya trade approaches $1 billion mark
» How community radio fights climate change in Tanzania
» Jiji acquires Tonaton, part of Saltside Technologies AB

My Financial News from Tanzania, Bank deposits

Tanzania: Central Bank Ups Recovery Deposits