Kitomari Banking & Finance Blog is a premier site for banking, finance, business, economic, investment and stock market news as well as selected informative articles from Tanzania, East Africa and the rest of the World. We operate 24 hours a day, 365 days a year with complete context, perspective and precision.
Thursday, 12 September 2019
CRDB BANK UNSECURED LOANS TO RESCUE CONTRACTORS
CRDB Bank has thrown its weight behind mega infrastructural projects by empowering local suppliers and contractors through offering them collateral -free loans, to speed up completion pace. The lender, with a capital base of over 790bn/- wants local suppliers and contractors to fully participate in construction projects financed by the government. This will also enable locals to bid for big projects as well.
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