ARUSHA, Feb. 26 -- MAENDELEO Bank, which operates under the Evangelical Lutheran Church in Tanzania, has unveiled its sixth branch in the country, at the heart of Arusha City, officially expanding to the Northern Zone.

This development goes in sync with the financial institutions Agenda 2030 when the bank plans to realize the operating assets of up to 500bn/- in value.

Located at the Evangelical Lutheran Church Headquarters, along Boma Road, adjacent to the Clock-Tower Roundabout, the Maendeleo Bank branch, the first in the region, was officially inaugurated by the head of ELCT, Bishop Dr Alex Gehaz Malasusa.

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Speaking during the event, Lomnyaki Saitaba...