Tanzania Agriculture Bank Targets to Double Loan Provision By December

Dar es Salaam — The Tanzania Agricultural Development Bank (TADB) targets to double its loan portfolio to Sh120 billion by the end of this year as it seeks to raise its profile as a trusted lender in agriculture and its value chain.

Since its establishment two years ago, the bank, which is specifically dedicated to farmers, has issued loans amounting to Sh45 billion, the TADB director of finance and information technology, Mr Severin Ndaskoi, told The Citizen at the 42nd Dar es Salaam International Trade Fair (DITF).

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