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Tanzania’s CRDB Eyes Acquisitions in DRC Amid Fierce Market Share Race

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Otiato Guguyu

Otiato Guguyu, a business and data journalist from Kenya, covers banking, technology, and economic issues.
  • Tanzania’s CRDB Bank considers buyouts in DRC to boost market share
  • Competition from Kenyan and Nigerian lenders intensifies in the largely unbanked nation.

 

Dar es Salaam – CRDB, Tanzania’s largest bank, is contemplating acquisitions in the Democratic Republic of Congo (DRC), as it vies for market share against Kenyan and Nigerian lenders targeting the 100 million population of Sub-Saharan Africa’s largest country.

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