Expansion of Cooperative Bank Tanzania Plc's Branch Network from 4 to 7 Outlets
Latest Tanzania finance news · Expansion of Cooperative Bank Tanzania Plc's Branch Net… explained · updated Aug 19, 2026 · economy news · GDP · investment
TLDR
- Cooperative Bank Tanzania Plc has expanded its branch network from 4 to 7 outlets across the country.
- The bank disbursed over 135.7 billion TZS in loans to customers within 12 months, marking a 388% increase from the previous year.
- Customer deposits grew from 53.01 billion TZS in June 2025 to 156.4 billion TZS in June 2026, a 195% increase.
- Net Interest Income rose from 1.97 billion TZS to 4.7 billion TZS during the same period.
- The Minister for Livestock Development and Fisheries, Dr Bashiru Ally, is set to launch the bank’s Kagera Branch in Bukoba Municipality today.