Bank of Tanzania. The operating conditions for Tanzania’s banks will gradually improve after a challenging period of high tax payments and delayed tax refunds weighing on the private sector. PHOTO FILE | NMG
Tanzania’s banking sector will remain resilient, says rating firm Moody’s, supported by solid capital and liquidity metrics, and a gradually improving operating environment.
Moody’s, in a report released on Thursday, said the operating conditions for Tanzania’s banks will gradually improve after a challenging period of high tax payments and delayed tax refunds weighing on the private sector.
