I&M Bank comes up with collateral-free loans for salaried customers

From left to right: Mr Zahid Mustafa, Chief Executive Officer of I&M Bank Tanzania; Mr Kihara Maina, Chairman of the I&M Bank Tanzania board; and Ms Deepali Ramaiya, Head of Retail and Digital Banking at the bank. PHOTO | COURTESY

By  Josephine Christopher

Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers

Mwananchi Communications Limitted

What you need to know:

  • This new line of credit will be available at a discounted interest rate of as low as 15 percent.

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