16 May 2018

Tanzania: Bank of Tanzania Confirms Merging of Two State Owned Banks

Dar es Salaam — Bank of Tanzania (BoT) has officially announced the merging of Tanzania Postal Bank and Twiga Bankcorp.

The BoT Deputy Governor, Dr Bernard Kibesse said in Dar es Salaam on Wednesday, May 16, 2018, that the two entities will officially merge starting tomorrow (Thursday).

The new bank will be known as TPB Bank PLc.

Tanzania

Police Kill Seven Suspected Robbers in Fire Exchange

Seven people believed to be armed robbers have been killed by police in Mwanza early Friday. Read more »

See What Everyone is Watching

Copyright © 2018 The Citizen. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.