Dar es Salaam, Feb. 27 -- DAR ES SALAAM: THE Bank of Tanzania (BoT) has stated that the countrys financial sector remains stable and resilient, marked by moderate risk levels and supported by strong macroeconomic stability.

The Monetary Policy Statement (MPS) Mid-Year Review 2024/25 reports that the banking sector, which constitutes the largest part of the financial sector, remains liquid, profitable and wellcapitalised.

“The assets of banks grew alongside deposits, driven by the expansion of agent banking services, increased adoption of financial products and the digitalisation of banking services,” the MPS report noted.

Liquidity in banks remained robust, with the ratio of liquid assets to demand liabilities surpassing th...