Tanzania central bank allays fears after drop in assets
Bank of Tanzania headquarters in Dar es Salaam. The central bank’s financial position statement shows that its total assets dropped to Sh25.39 trillion in November 2024 from Sh26.04 trillion in October 2024. PHOTO | FILE
Dar es Salaam. The Bank of Tanzania (BoT) has assured the public that there is no sign of financial instability following a 2.5 percent asset drop in November.
The central bank’s financial position statement shows that its total assets dropped to Sh25.39 trillion in November 2024 from Sh26.04 trillion in October 2024.
