Dar es Salaam, Feb. 10 -- DODOMA: CRDB Bank has officially signed an agreement with the government to oversee the management of 10 per cent of the municipal loan funds intended to empower women, youth and special groups.

CRDB, the largest lender in the country, has been entrusted with overseeing the funds in five municipalities namely Dar es Salaam City, Dodoma City, Kigoma Municipality, Mbulu Town Council and Nkasi District Council.

The CRDB Bank Foundation Managing Director and Director of Corporate Affairs, Ms Tully Esther Mwambapa, said yesterday that they will leverage their expertise in financial inclusion and capacity building to ensure the effective distribution and management of these loans.

“This initiative aligns seaml...