This section includes all important corporate news and announcements regarding I&M Bank, Tanzania.

  • I&M Bank (T) Limited, Tanzania signs an agreement for long-term loan of USD 12 million with FMO

    23rd Nov 2016

    FMO, The Netherlands Development Finance institution, (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.) and I&M Bank (T) Ltd today announced the signing of a USD 12 million long term loan agreement. The long term loan will help I&M Bank (T) Ltd in onward lending to its customers and thereby stimulating economic growth and job creation through development of the SME and mid-corporate sector in the Country.

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  • I&M Bank (T) Limited receives USD 5 Million credit line from PROPARCO

    19th Aug 2012

    PROPARCO accorded I&M Bank (T) Limited a 7 year USD 5 Million credit line for onward lending to the Bank’s customers. This facility supplemented I&M Bank (T) Limited’s ability to support the growing demand for long term foreign currency lending to the expanding SME sector in Tanzania. For PROPARCO, this lending represented the deepening of the existing partnership with I&M Bank, having been shareholders of the Bank since acquisition of the bank in Tanzania.

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  • I&M Bank enters Rwanda

    08th Jul 2012

    I&M Bank announced its entry into Rwanda with the acquisition of a majority shareholding in Banque Commerciale Du Rwanda (known as BCR) which is one of the most progressive commercial banks in Rwanda.This acquisition marks the fourth international footprint for the I&M Bank Group, which already has presence in Mauritius (Bank One Ltd) and Tanzania (I&M Bank (T) Ltd).

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