Dar es Salaam, Jan. 30 -- DAR ES SALAAM: EXIM Bank Tanzania has successfully completed the acquisition of Canara Bank Tanzania, underscoring the formers strategic commitment to growth, innovation and enhanced customer-centric services.

Exims CEO, Jaffari Matundu, said yesterday that this milestone marks the banks third acquisition in six years, reinforcing its position as a dominant force in the countrys banking sector.

“We are thrilled to welcome Canaras customers to the Exim family. This acquisition highlights our steadfast commitment to delivering innovative financial solutions and exceptional service, ensuring a smooth transition for all stakeholders,” he said.

He said mergers and acquisitions are critical in driving ef...