The Latest

Dun & Bradstreet Meets Tanzanian Bankers at Consultative Workshop

April 23, 2013
2 minute read

Dun & Bradstreet Credit Bureau Tanzania, the first licensed Credit Bureau in Tanzania is set to meet with Bank Executives at a consultative workshop on the 3rd of May, 2013 at the Hyatt-Kilimanjaro hotel in Dar es Salaam.

The workshop which is a precursor to the official opening of Dun & Bradstreet Credit Bureau’s offices in Tanzania is aimed at breaking the ice between the credit bureau and the banks and financial institutions.

According to Mr. Miguel Llenas – C.E.O of Dun & Bradstreet Credit Bureau, “The workshop is designed to be very detailed and will focus specifically on how we intend to help banks and financial institutions in Tanzania improve the assessment of credit/loan applicants with a view to ensuring that they make only the most informed business decision that reduces their Non-Performing Loans ratio and creates an easily identifiable pool of credit-worthy customers.” 

Also, speaking further about the planned workshop, General Manager Dun & Bradstreet Credit Bureau Tanzania Adebowale Atobatele said, “The workshop is simply an opportunity for us to meet with, and listen to our partners in Tanzania. We consider the banks and financial institutions in Tanzania to be our partners. We exist to serve them and it is important for us to understanding the specific challenges that they encounter in their business of creating risk assets. We believe that the contributions from the banks and financial institutions will help us develop a solution that is in the best interest of Tanzanian Banks, Tanzania’s Financial Sector, Tanzania’s Economy and Tanzanians as whole; and that also meets globally recognized best credit reporting standards.”

The workshop of May 3rd follows the successful commencement of Dun & Bradstreet operations in Ghana.

The presence of Dun & Bradstreet Credit Bureau in Tanzania meets the much anticipated boost to the financial stability and strengthening efforts of the Bank of Tanzania and will bridge the information asymmetry in the banking sector.

Want to know more about Finance in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers Finance, plus regulations, key sectors, and investment opportunities—all in one place.

Download Free Guide
Tweet
Share
Share
Share
Related Posts
Bank of Tanzania National Payment Systems Annual Report 2025
Read More

Tanzania Digital Credit Grows 32%, Digital Savings Value Triples, Mobile Money Transactions Near USD 100 Billion in 2025

Tanzania's digital credit value grew 32.29% to TZS 5,577.73 billion across 336.52 million transactions in 2025, while digital savings value tripled (up 263%) to TZS 3,181.24 billion, and volume rose 110% to 97.53 million transactions. Active mobile money users rose 19.89% to 75.78 million, and mobile payment value grew 28.30% to TZS 255,133.96 billion, driven by alternative credit scoring models that extend financing to MSMEs and smallholder farmers without traditional collateral.
Tanzania Dar es Salaam Business Center
Read More

Tanzania to Establish International Financial Centre in Dar es Salaam to Attract Global Capital

Tanzania's National Business Council has agreed to establish an International Financial Centre in Dar es Salaam, with Bank of Tanzania Governor Emmanuel Tutuba confirming the country meets prerequisites including political stability and a mature banking sector. The centre will operate under a dedicated legal framework yet to be enacted, targeting domestic and foreign investors seeking easier access to capital for large development projects.
Bank of Tanzania Financial Stability Index 2014-2025
Read More

Tanzania Banking Assets Up 23.8%, Capital Markets Up 35.1%, Social Security Up 21.4%, Insurance Up 6.8% in 2025

The Bank of Tanzania Financial Stability Report for 2025 shows banking sector total assets grew 23.8% to TZS 76,975 billion, private sector credit expanded 23.5% with mining up 30.1% and trade up 29.4%, and the non-performing loans ratio fell to 2.8%, the lowest in the East African Community. Total capital market investment rose 35.1% to TZS 63,096.4 billion, social security assets grew 21.4% to TZS 25,921 billion, insurance assets rose 6.8% to TZS 2,633.6 billion, and foreign reserves stood at USD 6,312 million covering 5.2 months of imports.
Tanzania Second Financial Sector Stakeholders Forum
Read More

Tanzania Outlines Eight Financial Sector Priorities From Climate Finance to Islamic Banking and Launches Insurance Strategies to Raise Sector GDP Contribution to 30%

Tanzania's Finance Minister Khamis Mussa Omar has outlined eight financial sector priorities—from climate finance and Islamic banking to digital asset regulation and SME capital access—and launched two new insurance strategies. The National Inclusive Insurance Strategy (NIIS) targets agriculture, livestock, fisheries, mining, and forestry, while the RIDeS aims to raise insurance's GDP contribution from 22% to 30%.

Want to know more about investing in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers key sectors, regulations, and investment opportunities—all in one place.

Download Free Guide