BancABC has opened up a new branch in Tegeta, Dar es Salaam in order to cater for the growing customers demand for financial and banking services necessary in speeding up the economy. Tegeta branch is the fifth branch of BancABC in the country.

Speaking during the official inauguration of the branch, the Minister of Finance and Planning Dr Philip Mpango said it was a good move for the bank to extend its services near the customers in the outskirts of Dar – es- salaam instead of concentrating in the city centre where all banks have branches.
 

 ‘I take this opportunity to congratulate the management of the bank for coming up with this good idea of opening a branch in Tegeta. It is good to note that areas like these is where you find a large number of Tanzanians who don’t use financial services like banks and therefore this branch will help penetrated into the unbanked population in this area’.

Commenting on the services offered by the bank, Dr Mpango expressed his satisfaction that the bank services over 60,000 government employees by offering loans and investing opportunities. ‘The way that you have been serving government employees, do the same to the private sector, let them have a trust in your services and they will be good customers.’ Said Mpango.

Finance and Planning Minister Dr Philip Mpango (right) chats with the BancABC Board Chairman Dr Jonas Kipokola (centre), the banks Managing Director Dana Botha (left) and the banks Head of Retail Banking Joyce Malai after launching of the BancABC Tegeta branch in Dar es Salaam on Wednesday.
Finance and Planning Minister Dr Philip Mpango chats with BancABC staff after launching of the banks Tegeta branch in Dar es Salaam on Wednesday.

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