Banking sector total assets surge to 46.1trn/- on increase in deposits in 2022

The banking sub-sector’s total assets increased by 17.3 percent to 46.15trn/- in 2022 from 39.34trn/- recorded during the preceding year which mainly attributed to the increase in deposits, borrowings and retained earning according to the Annual Financial Sector Supervision Report 2022 released by the Central Bank. Available data from the Bank of Tanzania (BoT) show … Continue reading Banking sector total assets surge to 46.1trn/- on increase in deposits in 2022