In Summary
Amana Insurance Board Chairman, Mr Emmanuel Boaz, said verification of
all 13,000 MCB customers has been completed ready for payments.
Dar es Salaam. Customers
of the dissolved Mbinga Community Bank (MCB) will start receiving their
payments next Monday.
Amana Insurance Board
Chairman, Mr Emmanuel Boaz, said verification of all 13,000 MCB customers has
been completed ready for payments.
"We will announce
through media and other means notifying the MCB customers that their payments
are ready and they should come to collect them on Monday next week,” he said.
He said those who owe the
bank should also continue paying their dues as they are required to honour
their debts.
About two months ago,
Bank of Tanzania (BoT) announced its decision to annul MCB license after the
bank failed to operate profitably due to heavy debts.
The Citizen
The Citizen
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