Bank mergers the in thing now in TZ

Bank of Tanzania headquarters in Dar es Salaam. The past two years have seen major banks in the country look for partners in a bid to raise new capital, create synergies and build economies of scale to tackle increasing competition. PHOTO | FILE

What you need to know:

With mergers and acquisitions the in thing now for Tanzanian banks, the next chapter appears to have begun, and analysts have hinted at a brighter future