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About NIC Bank Tanzania Limited
NIC BANK makes entry into the Tanzanian Market. Acquisition of Tanzanian Bank part of NICAos expansion strategy NIC Bank has announced plans to acquire a 51% stake in one of TanzaniaAos mid-sized commercial bank; Savings & Finance Commercial Bank Limited. The proposed acquisition of a majority interest in Savings & Finance Commercial Bank (S&F) marks NIC BankAos first cross-border acquisition and underlines the BoardAos growth strategy for expansion in the region.
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