United Republic of Tanzania: Selected Issues-Macrofinancial Issues

July 27, 2016

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United Republic of Tanzania: Selected Issues-Macrofinancial Issues, (USA: International Monetary Fund, 2016) accessed November 21, 2024

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.

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

Keywords: Commercial banks, Community bank, CR, Credit, Deposits-to-GDP ratio, Excess reserves, Financial sector development, Global, Interest rate, ISCR, Market participant, Mobile banking, Mobile money, Reserve money target, Transmission mechanism

Publication Details

Pages:

57
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/255
Stock No:

1TZAEA2016004
ISBN:

9781498391177
ISSN:

1934-7685

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