Tanzania Banking Sector Report

tanzania banking

Tanzania Banking Sector – Executive Summary

The Tanzania banking sector embarked on a plan for financial liberalization in the 90’s in order to sustain the country’s economic growth.

This has been accomplished through the mobilization of financial resources as well as by increasing competition in the financial market and by enhancing the quality and efficiency of credit allocation.

As a result of the liberalization, the banking sector in Tanzania has been booming, particularly over the last few years and new merchant banks, commercial banks, bureaus de change, credit bureaus and other financial institutions have entered the market.

As of March 2015 there are 56 licensed banks and other financial institutions in Tanzania, versus 38 in 2009.

Table Of Contents:

Tanzania Banking Sector Performances

Tanzania Banking Sector Market Players

Financial Inclusion In Tanzania: Mobile Money, Agency Banking And Credit Bureaus

Tanzania Banking Sector Outlook And Opportunities

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