Tanzania Banking Sector Assets Reach TZS 62 Trillion in 2024 as Profits Rise 39% and Financial Inclusion Expands Through Agent Banking, Digital Channels, and Microfinance
[TanzaniaInvest - Tanzania] - 4/09/2025
The Bank of Tanzania’s 2024 Banking Supervision Annual Report shows the sector remained sound and profitable, with net profit rising 39% and non-performing loans declining to 3.4%. Financial inclusion expanded strongly, driven by a 37% increase in agent banking, growth in digital platforms, and (…)
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