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Wednesday 29 September 2021

AIRTEL, I&M BANK LAUNCH DIGITAL LENDING SERVICES

Airtel Tanzania Director of Airtel Money, Isaac Nchunda (left), Bank of Tanzania Deputy Governor (Financial Stability and Deepening), Dr. Bernard Kibesse (centre) and I&M Bank Chief Executive Officer, Baseer Mohammed, display a placard after launching an overdraft for mobile money services dubbed "Kamilisha".  

The Bank of Tanzania (BOT) has challenged financial institutions to provide effective and affordable services to communities that will help boost the economy and reduce poverty.

The BOT Deputy Governor (Financial Stability and Deepening), Dr. Bernard Kibesse made the remarks in Dar es Salaam yesterday during the launch of digital lending services through a mobile phone dubbed "Kamilisha", which was introduced by Airtel Money in collaboration with I&M Bank Tanzania.

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