BancABC has embarked on an intra-Africa regional banking campaign which intends to explore business opportunities, expressing optimism that Tanzanian businesspeople have a greater chance to reap benefits.
Speaking in Dar es Salaam at a cocktail
event organised by the bank to its customers and other key stakeholders,
Intra-Africa Trade Group head, Mr Mabouba Diagne, said the campaign
came as a blessing to Tanzanians as they stand a chance to grab
appropriate opportunities.
According to him, the 20 million US
Dollars investment will help Tanzanian businesspeople to do cross border
transactions in a bid to reduce unnecessary disturbances. “We are here
to partner with you and give you business that you deserve,” he added.
Mr Diagne further confirmed that BancABC
part of Atlas Mara had already expressed interests of acquiring
Barclays Africa and that it had already released a statement in the
London Stock Exchange.
Speaking at the event, BancABC Managing
Director, Mr Dana Botha said since it started operations in 1996; the
bank has managed to get more than 40 thousand customers, insisting that
his institution was making good progress in the market.
The bank is currently operating in eight
African countries and as part of Atlas Mara and with 16 years in the
country, customers in Tanzania can enjoy interest bearing current
account with competitive interest rates of up to 7 per cent in local
currency and 1 per cent in foreign currency
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