Tanzania: Exim Bank Opens New Branch

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Exim Bank Tanzania has opened a new branch in Dodoma Municipality as it seeks to expand its network that now boasts of 33 branches countrywide.

However, the new branch becomes only the second in the rapidly expanding municipality.

Speaking during the inauguration at the University of Dodoma’s (Udom) College of Informatics, Exim Bank Tanzania’s Human Resources head Frederick Kanga said the bank has decided to add another branch in the municipality in order to more conveniently carter to the banking needs of various people following the decision by the government of shifting its seat to Dodoma from Dar es Salaam.

He added the branch has been strategically located at the university given the huge banking needs of the 25,000 population there.

“The target also is to provide wider financial services to the Udom community which is made up of students, staff and even government servants,” he said.

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