DODOMA, Nov. 20 -- The Minister for Agriculture, Daniel Chongolo, has commended the Tanzania Cooperative Bank (Coop Bank Tanzania) for increasing its loan portfolio from 15bn/- in January 2025 to 52bn/-.

The increment represents a growth of 245 percent with deposits having risen from 19bn/- to 60bn/- billion, equivalent to 216 percent growth.

The bank has also expanded its balance sheet from 49bn/- in January 2025 to 114bn/-, reflecting a 133 percent growth.

The Minister congratulated the bank during a discussion between him and the CEO of the Coop Bank Tanzania, Godfrey Ngurah, today, November 20, 2025, in Dodoma, noting that the bank is like a house with a strong foundation in supporting farmers.

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