Nine-year FBME liquidation completes, Tanzanian depositors to receive 100 percent of funds

DIB Director General Isaack Kihwili speaks to journalists in Morogoro while issuing a public statement on the bank. PHOTO I JUMA MTANDA


Morogoro. Tanzanian customers whose deposits were frozen following the closure of FBME Bank Limited will receive 100 percent of their money after the Deposit Insurance Board (DIB) launched the fourth and final phase of payments under the bank's liquidation.