Tanzania: Merger Lifts Azania Bank to Top Mortgage Lender

Dar es Salaam — The recent merger with Bank M Tanzania has enabled Azania Bank to become the leading mortgage lender in terms of market share.

The report by Bank of Tanzania (BoT) has shown that after the merger, Azania Bank now accounts for 22 per cent of mortgage market share, higher than any other lender with a combined portfolio of Sh78 billion.

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