CHINA DASHENG BANK CHIEF WELCOMES DEPOSITORS

Speaking at the launch of the 3-month deposits campaign run by CHINA DASHENG BANK the CEO of the bank assures customers that they will earn high interest rate from the levels of 3% to 5.75% per annum if they invest their United States Dollar currency with the bank. This campaign provides an opportunity to Fund Managers, Securities Companies, and organisations with excess foreign currency to place their funds while waiting for the project or needs to mature for utilisation.

“Organisations and individuals who have excess funds that await projects can take this opportunity to invest from 3 months to 1 year and get high interest rates of up to 5.75%, Mr Cheng Ji the CEO of CHINA DASHENG BANK said.

CHINA DASHENG BANK has been in operation for 3 years now in Tanzania serving corporate, SME, and retail customers. The bank was registered and opened in Tanzania for the first time in November 2018 and has steadily been growing to date. The head office and the branch of the bank is located along Samora Avenue in Dar es salaam. The bank focuses to support business and traders doing business between China and Tanzania. These include Contractors, Transport and Logistics companies, Importers and Manufacturers.

Driven with pragmatism and speed to the market in delivering its services the bank is set to support the mentioned sectors based on their needs and plans. We urge all business and traders to utilise the unique value proposition that the bank has brought into this market.

The bank has grown in size and it currently has a balance sheet of Tzs 110 billion with profit before Tax of Tzs 6.4 billion in year 2021. ‘We have strong balance sheet that is backed up by the government bonds which provides comfort to customers who wishes to deposits with us. Mr Cheng ji insisted.

Our plan is to expand our foot prints in servicing this target Market and the bank wishes to invite more customers to come and take advantage of this promotion.