IMF Staff Country Reports

United Republic of Tanzania: Selected Issues-Macrofinancial Issues

Publication Date:

July 27, 2016

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper analyzes the financial sector in Tanzania. The Tanzanian financial system has a number of characteristics commonly seen in other low-income countries. The system is relatively small, dominated by banks, and has not been particularly inclusive. Costs related to basic financial services have come down. However, in other areas, progress remains limited. Firms’ access to credit remains a problem, access to the financial infrastructure continues to lag, and market development remains at a low level. The banking system overall is well-capitalized and reasonably profitable, but there is considerable variation among bank categories.

Series:

Country Report No. 2016/255

Subject:

Banking Commercial banks Credit Financial institutions Financial markets Financial sector development Financial services Mobile banking Money Technology