Azania Bank, TIC sign cooperation pact
Tanzania Investment Centre (TIC) executive director Gilead Teri (right) and Azania Bank’s director of legal services Charles Mugila (left) sign a cooperation agreement aiming at improving the services provided by the centre. PHOTO | THE CITIZEN CORRESPONDENT
Dar es Salaam. Azania Bank Ltd has signed a cooperation agreement with the Tanzania Investment Centre (TIC) as the centre strives to improve its services and increase efficiency to enable it lure more investors into the country.
Speaking during the signing ceremony at TIC offices in Dar es Salaam, TIC executive director Gilead Teri said they were happy to cooperate with Azania Bank, which has shown great performance.
“As TIC, we believe that in order to increase efficiency in serving foreign and domestic investors, it is good for us to cooperate with stakeholders who are more experienced and capable than us, and it is clear that Azania Bank has currently shown great potential in that.
“So, we believe that through these agreements we, as a centre, will benefit greatly in improving our systems, improving our services, and ultimately being able to serve investors with more professionalism. You can only see further if you stand on the shoulders of the giants,” concluded Mr Terri.
Azania Bank’s director of legal services, Mr Charles Mugila, said the bank believes that through the agreements, more investors will be attracted, thus contributing to creating more employment opportunities and boosting the country’s economic growth and national income.
