Tanzanian lender CRDB Bank has implemented Nucleus Software’s FinnOne Collections and Lending Analytics platform to improve loan collections and reduce its non-performing loan portfolio. In …
IMF says almost half of Tanzanian banks susceptible to financial downturn
The International Monetary Fund (IMF) has said around half of the Tanzanian banks are at the risk of insolvency and lack resilience against market shocks. …
Regulator places Bank M Tanzania under administration
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.…