Earlier related: Diamond Trust Bank raises 12.4bn in rights issue – DTB Tanzania currently has 16 branches across the country with plans to double the footprint over the medium term.
The significant expansion drive is in line with DTB Group’s long-term strategy, dubbed vision 2020 which is aimed at up-scaling its operations throughout East Africa by continuing to rapidly expand its presence in major commercial markets-Tanzania, Kenya, Uganda and Burundi where DTB franchise operates.
DTB is an affiliate of Aga Khan Fund for Economic Development (AKFED), the economic development arm of Aga Khan Development network.
Ismailimail 