NECTA Examination Results: Standard Seven pass rate rises to 85.22 percent

Stanbic Tanzania secures Sh70 billion facility to expand SME lending

Stanbic Bank Tanzania Chief Financial Officer, Derrick Lugemala (third right), and Finance in Motion Senior Investment Manager, Dragan Spirovski (second left), exchange documents after signing a TZS 70 billion loan agreement in Dar es Salaam. The facility will strengthen Stanbic Bank’s capacity to support small and medium-sized enterprises (SMEs). Looking on are Finance in Motion Senior Investment Officer Masoud Abdalla (left), Stanbic Bank Senior Communications Manager Dickson Senzi (right), and Stanbic Treasurer Zainul Chandoo (second right). PHOTO | COURTESY

By  The Citizen Reporter

Media/news company

Mwananchi Communications Limited

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