Problems relating to Trade and Investment on Tanzania
13. Finance |
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Issue |
Issue details |
Requests |
Reference |
| (1) Excessive Bank Protection | - The interest rates excessively protects the bank's interest, deviating by large margin from the prevailing rates in the world, as follows: Lending in local currency: 16 to 22% Deposit interest rate: 0 to 2% Deposit interest rate in US$: 5 to 7% |
- Finance costs are excessively high. | |
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