Coop Bank Disburses More than TZS 76 Billion in First Quarter of 2026
Latest Tanzania finance news · Coop Bank Disburses More than TZS 76 Billion in First Q… explained · 2026 updates · updated Aug 22, 2026 · economy news · GDP · investment
TLDR
- Coop Bank disbursed more than TZS 76 billion during the first quarter of 2026.
- The Kagera branch of Coop Bank was officially launched on August 18, 2026, in Bukoba Municipality.
- This branch is the bank's seventh nationwide and the first in the Lake Zone.
- The Minister for Livestock and Fisheries, Dr. Bashiru Ally Kakurwa, emphasized the importance of cooperatives in mobilizing capital and expanding production.
- Dr. Bashiru urged the bank to develop financing products tailored to the needs of farmers, livestock keepers, and fishers.