Zanzibar: PBZ, Stanbic partner to fund projects with Sh185 billion credit
Chief executive officer for PBZ Bank, Arafat Haji (left), and his Stanbic Bank counterpart, Manzi Rwegasira, moments after signing an agreement forming a strategic partnership as Co-Mandated Lead Arrangers to facilitate a local syndicated loan to support funding the socio-economic development agenda of the Revolutionary Government of Zanzibar. PHOTO | THE CITIZEN CORRESPONDENT
With this partnership, both banks aim to foster long-term economic growth and development in Zanzibar, ensuring a lasting impact on the island’s prosperity.
