DODOMA, Oct. 7 -- The Cooperative Bank of Tanzania (Coop Bank) has issued loans worth over 49bn/- to members of various cooperative unions since it began operations following its official launch by President Samia Suluhu Hassan, this year.

Coop Banks Acting Managing Director and CEO, CPA Kinyaki Obby Kinyaki, revealed this yesterday in Dodoma during the launch of the 2025 Customer Service Week at the banks headquarters.

He said the banks total deposits have now surpassed 50bn/-, while total transactions have reached 98bn/-, attributing the steady growth to the publics trust despite the bank being a new player in the financial sector.

CPA Kinyaki said Coop Bank will continue to spearhead the financial inclusion drive to ensure that no o...