Dar es Salaam. Coop Bank Tanzania has unveiled plans to build a Sh10 billion lending portfolio targeting young entrepreneurs and small businesses as part of a broader strategy to deepen financial inclusion and expand co-operative banking services across the country.
Speaking during the launch of the bank's Morocco branch in Dar es Salaam, the bank's chief executive officer, Godfrey Ng'urah, said the institution was pursuing an ambitious expansion programme aimed at bringing banking services closer to underserved communities while increasing access to affordable credit.
The newly opened branch is the bank's sixth outlet, with additional branches planned in Mtwara, Kagera, Mwanza and Arusha as part of a nationwide rollout.
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