News · Finance

Bank of Tanzania reports TZS 2.1 trillion in guaranteed loans

The Respondent reported on 5 November 2026 that the Bank of Tanzania has guaranteed TZS 2.1 trillion in loans. The Bank's own pages describe cover on principal only, applied for by the lender, and the reported totals do not reconcile with other published figures.

Reported · Source: The Respondent Online · Read by the Fursa365 desk

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Why it matters

Owners seeking credit for working capital or equipment should ask their lender whether a guarantee scheme applies. The borrower does not apply to the Bank.

What to do on Fursa365

  • Ask your bank whether a Bank of Tanzania guarantee scheme can support your loan; the lender applies, not you.
  • Prepare a bankable file before you approach lenders: business plan, statements and collateral papers.
  • Offer idle plant or warehouse space to raise cash without new debt.
About this item

Summarised by the Fursa365 desk from the source linked above, as reported on 5 Nov 2026. Figures are the source's. Nothing here is legal, tax or investment advice; confirm current rules with the authority named and your own advocate.

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