Bank M troubles lower deposits by 16pc in Dar Zone
A Bank M branch. The lender was put under BoT administration in August last year, after failing to meet its financial obligations. PHOTO | FILE
What you need to know:
Banks deposits in in Dar es Salaam zone slowed by 16.3 per cent during the fourth quarter of last year to Sh9.8 trillion from Sh11.8 trillion recorded during similar quarter of 2017. This was a result of closure of Bank M Tanzania.