Our client is a banking institution that provides private commercial banking services to corporate and retail customers in Tanzania.
They offer various personal banking services, such as current, savings, and fixed deposit accounts, as well as DIRA products and personal loans; corporate banking services, including overdraft facilities, term loans, asset finance/equipment loans, and invoice discounting and collateral management solutions; and trade finance services, which include letters of credit, guarantees, bills for collection, telegraphic transfers, SWIFT, and TISS solutions. The company also provides SME banking services; wholesale liability management services, such as fixed deposit reserves; treasury services, including spot deals, treasury and bonds, repurchase agreements, and placements; various Internet banking, western union, ATM, and M-PESA services; and issuing of bankers checks, check deposits, and special clearance services. They serve multinational companies, government institutions, non-governmental organizations, small businesses, and individuals.
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