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Exim signs a letter of intent with UBL Bank (Tanzania) Limited (UBTL)

Exim Bank Tanzania (Exim Bank) is happy to announce that it made an offer and signed a letter of intent with UBL Bank (Tanzania) Limited (UBTL) that will lead to purchasing 100% of the latter’s assets and liabilities.

Exim Bank Tanzania was established in 1997 and is the 5th largest bank in Tanzania and first Tanzania international bank with presence in Comoros, Djibouti and Uganda. Its core objective is to create investment value to its shareholders and achieve the growth through delivery of differentiated and customized services. Exim Bank is well known to provide a distinctive experience by serving customers with efficiency and a touch of class.