DAR ES SALAAM, April 22 -- TANZANIA continues to record significant progress in improving financial services, driven by strong regulatory oversight implemented through collaboration between the Bank of Tanzania (BoT) and the Ministry of Finance Tanzania.

In a move that highlights the sectors growth, CRDB Bank has earned international recognition after winning the Best Private Banking Services award from Euromoney.

Speaking in Dar es Salaam while receiving the award, the banks Chief Executive Officer, Abdul Majid Nsekela, said the achievement positions Tanzania as an increasingly trusted destination on the global stage.

He noted that the win boosts confidence among both local and international investors while reaffirming the strength of...