Private sector credit stock up 23 per cent annually

Daily News Tanzania

DAR ES SALAAM: THE stock of credit extended to Tanzania’s private sector increased by 22.5 per cent in the year ending May, reaching 49tri/- from around 40tri/- a year earlier, as banks continued supporting businesses and investment despite a moderation in lending growth. The latest data from the Bank of Tanzania’s (BoT) Monthly Economic Review …

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Private sector credit stock up 23 per cent annually

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