Dar es Salaam, April 3 -- DAR ES SALAAM: TANZANIAS banking sector has remained resilient, with total deposits across all banks reaching around 67tri/-, driven by the countrys steady economic performance over the past four years.

According to the Director of Financial Markets at the Bank of Tanzania (BoT) Mr Emmanuel Akaro, this growth reflects the trust and confidence individuals and businesses have in the banking system, underscoring the sectors vital role in economic development.

“With a robust deposit base, the banking sector is well-positioned to finance investments, support economic activities and enhance financial inclusion, ultimately driving sustainable national development,” he stated.

Furthermore, the banks capita...