DAR ES SALAAM, July 16 -- PRIVATE-SECTOR credit growth slowed in May as lending momentum weakened across several key sectors of the economy, reflecting a cautious banking environment despite continued resilience in trade, agriculture and transport activities.

The latest Bank of Tanzania Monthly Economic Review indicates that commercial banks continued supporting businesses through lending, but financing growth moderated in industries that are critical for investment, industrial production, tourism and employment creation.

The trend highlights a changing credit landscape where banks are balancing the need to support economic expansion with concerns over borrower risk and loan performance.

The slowdown in privatesector lending carries im...