'Billions in deposits at closed banks not finding claimants'

'Billions in deposits at closed banks not finding claimants'


‘Billions in deposits at closed banks not finding claimants’
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‘Billions in deposits at closed banks not finding claimants’
BILLIONS of shillings that were deposited with seven banks are yet to be claimed by clients about three to four years since the institutions were closed, authorities affirm.
Data from the Deposit Insurance Board (DIB), charged with protecting deposits in financial institutions, shows that out of 11bn/- in the hands of the liquidator, around 7.3bn/- has been claimed so far.
Richard Malisa, the Acting Director of DIB, made this observation in a meeting with stakeholders of banks and financial institutions here yesterday.

Related Keywords

Tanzania , Meru , Arusha , Mbinga , Ruvuma , Njombe , Iringa , Kagera , Kigoma , Richard Malisa , Mbinga Community Bank Ltd , Njombe Community Bank Ltd , Bank Ltd , Covenant Bank , Meru Community Bank Ltd , Efatha Bank Ltd , Kagera Farmers Cooperative Bank , Woment Ltd , Deposit Insurance Board , Acting Director , Tyui , தான்சானியா , மேரு , வருஷ , வங்கி லிமிடெட் , உடன்படிக்கை வங்கி , மேரு சமூக வங்கி லிமிடெட் , வைப்பு காப்பீடு பலகை , நடிப்பு இயக்குனர் ,

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