Tanzania's top banks raise profits amid drop in bad loans

In Summary

• Quarters20182019The third quarter of 2019 was generally good for five of Tanzania’s eight largest banks as they raised their profits while cutting nonperforming loans in a steadily improving liquidity environment

By Samuel Kamndaya @TindwaSamuel stindwa@tz.nationmedia.com

The third quarter of 2019 had positive outcomes for five of Tanzania’s eight largest banks as