Bank of Tanzania, the central bank of the country, has taken over the administration of Bank M citing liquidity problems and its inability to fulfil …
Tanzania closes five banks over poor performance
Bank of Tanzania, the central bank of the country, has decided to revoke the licences of five community banks and terminate their operations for being …
GTBank Tanzania taps ICSFS Financial for core banking system
Nigeria’s Guaranty Trust Bank (GTBank) has selected ICSFS Financial Systems’ ICS Banks core banking system for its Tanzania operations.…
Bank of Africa deploys SOFGENs CreditQuest
Bank of Africa has successfully deployed CreditQuest, developed by SOFGEN, at its subsidiaries in Kenya, Uganda and Tanzania.…
Tanzania Postal Bank, Airtel join forces to offer mobile banking services
Tanzania Postal Bank (TPB) and Airtel Tanzania have entered into an agreement to offer financial services to TPB customers on their mobile devices through Airtel Money.…