The East African had a story in yesterday’s edition that references Serengeti’s Tanzania Banking Survey 2011:
[The] upward trend is in line with predictions by the Economic Intelligence Unit, a London based economic consultancy firm, which estimates that by 2020, Tanzania’s banking industry will be worth $28 billion…But the growth is uneven among the reporting banks, with the top three banks by asset base— FBME Bank, CRDB Bank and National Microfinance Bank — together accounting for 40 per cent of industry capital and 52 per cent of deposits. The three also account for almost half of all loans and half of all employees in the banking industry.
You can read more here.
