Barclays Bank chief opens Mwanza branch

Speaking after officially opening the branch, Mohamed said Mwanza which is the country’s largest city, has been growing rapidly hence the need for a modern banking facility.

"The opening of the new branch means we can leverage on the social and economic development in the city of Mwanza. Barclays is fully committed to serving the Tanzanian market and we are very optimistic about all the business prospects that are available here,” Mohamed noted.

He said to date, Barclays Bank has been made substantial investments to improve the way the bank does business with its customers which includes improved technology and branch network countrywide.

Speaking at the same function, Barclays Africa Group Limited Chief of Distribution, Vimal Kumar assured local customers of the bank that it is here to stay. "I have made the trip from South Africa to Tanzania to meet our customers and to reassure them about Barclays' commitment to Tanzania and Africa as whole and to partake in this important branch opening in Mwanza,” Kumar said.

The bank’s Retail Director for Tanzania, Kumaran Pather who also attended the opening ceremony pointed out that as a sign of its commitment to domestic market, another new branch will open in Dar.

"This is the first of two new and modern branches that we plan to open this week. We believe in helping our customers prosper in all that they do, and by opening these new branches we would be that much closer in helping them realize their financial goals," Pather noted.