DAR ES SALAAM, June 4 -- CRDB Bank Plc has officially launched its “Kopa Kimpango Wako” campaign aimed at enabling public servants to access loans more easily, quickly, and under more favorable terms.

Speaking during the launch, CRDBs Head of Retail Banking, Stephen Adili, said public servants will now be able to borrow up to 300m/- and receive their funds within 24 hours after completing the required application procedures.

Adili said the bank has reduced the loan interest rate from 17 percent to 16 percent, a move intended to lower borrowing costs and provide greater affordability for customers.

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In addition, the loan repayment period has ...