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Business consultations by Letshego Bank reaps benefits

LetShego Bank's CEO Omar Msangi,

What you need to know:

According to the bank’s Chief Executive Secretary, Omar Msangi, 80 percent of people that turned out to the bank pavilion for business consultation during the trade fair, later visited the bank’s different branches to get services which included opening accounts

A number of SMEs have emerged beneficiaries from business consultations that were held the Letshego Bank Tanzania during the 46th Dar es Salaam International Trade Fair held at Sabasaba grounds, Kilwa Road, Dar es Salaam.

The trade fair was attended by more than 3,200 local and international companies with the theme “Tanzania is the right Destination for trade and investment” and Letshego Bank which among the attendee had opportunity to have directly business talk with individuals as well as groups and company consultation.

According to the bank’s Chief Executive Secretary, Omar Msangi, 80 percent of people that turned out to the bank pavilion for business consultation during the trade fair, later visited the bank’s different branches to get services which included opening accounts.

He said the bank, value the position of the small, medium and big scale business personnel in the country and it will collaborate with the government initiatives of boosting the economy of the country through businesses.

He added, in order to ensure the effective participation of the private sector in boosting the economy the bank has created a conducive business environment for its customers by launching Mkopo Fasta which is a tailor-made product created to support SMEs to overcome the challenges of cash flow.

“Mkopo Fasta intends to increase access to capital, quickly and simply to enable small businesses to buy stock, meet business expenses or even support any production costs needed to meet current delivery orders on time.”

He says that the bank will continue to invest and grow its business by diversifying its product offering, digitising channels to increase customer experience as well as facilitating easy access to more affordable financial solutions for more.