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Bank to launch mortgage financing this year-official

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by BAK, Jan 2, 2011.

  1. BAK

    BAK JF-Expert Member

    #1
    Jan 2, 2011
    Joined: Feb 11, 2007
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    Bank to launch mortgage financing this year-official Sunday, 02 January 2011 21:50 digg


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    A housing project in Dar es Salaam. The KCB bank plans to start mortgage financing this year. Photo/File

    By The Citizen Correspondent
    Dar es Salaam. KCB Tanzania plans to introduce mortgage financing in 2011 in the Tanzanian market, a move that would increase the bank's loan portfolio to about 50 per cent growth, a senior official said in Dar es Salaam on the weekend.
    Mr Ronald Kitti, the bank's head of Credit told The Citizen that KCB Tanzania gave out loans totaling Sh100 billion in 2010.
    "We hope to increase this level to Sh150 billion in 2011.We are sure of achieving the projected amount, especially with introduction of mortgage financing soon," he said at the sidelines of a function to present a Sh10 million cheque donation to Hai district commissioner, Dr Norman Sigalla.
    The donation is meant to aid construction of a classroom-block at Lyasikika Secondary School in the district. According to Mr Kitti, the bank expects a sound performance in all aspects in 2010. The good performance will go through 2011.
    "We expect our results for 2010 will show a clean performance in all aspects and we hope 2011 will be yet another good year for the bank," he said.
    Headquartered in Kenya, KCB has operations in Uganda, Southern Sudan and Rwanda.
    It is currently eyeing Burundi and the Democratic Republic of Congo as it expands its operations in the region, according to KCB Tanzania board chairman, Mr Edmund Mndolwa. In the corporate social responsibility arena, said Mr Mndolwa, KCB Tanzania has given out over Sh140 million in support of education, health and sports activities in Tanzania during the entire 2010.
    The bank listed on Nairobi Stock Exchange and cross-listed on Dar es Salaam Stock Exchange, started its operations in the country in 1997. Currently, it has 11 branches. At group level, KCB is among major commercial banks in East Africa, boasting a capital base of over $2.5 billion. It also has a network of over 200 branches and over 400 Automated Teller Machines.
     
  2. zomba

    zomba JF-Expert Member

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    Mambo ya Kikwete hayo!
     
  3. M

    Mutu JF-Expert Member

    #3
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    Anakujaje ni bank yake?

    Sioni connection acha uzembe
     
  4. JoJiPoJi

    JoJiPoJi JF-Expert Member

    #4
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    NAni walengwa??
     
  5. zomba

    zomba JF-Expert Member

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    Jan 3, 2011
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    Yaani wewe ina maana husikilizi habari?
     
  6. M

    Mdondoaji JF-Expert Member

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    Safi sana Heko kwa KCB tunaisubiri kwa hamu.
     
  7. zomba

    zomba JF-Expert Member

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    President Kikwete challenged operators in the private sector to access mortgage financing to enable them build houses for sale or conducting business activities.
    He also thanked the Bank for realizing its corporate social services by donating 18 beds, 18 mattresses and 80 bed sheets worth 3m/- to the maternity unit at Marangu Hospital.

    soma zaidi: President Kikwete Showers High Praise on CRDB Bank

    Na nyingine:


    President Kikwete challenged operators in the private sector to access mortgage financing to enable them build or buy flats or houses to use them as securities for accessing credit facilities in the existing financial institutions.

    soma zaidi: allAfrica.com: Tanzania: Kikwete Highly Commends KCB's Investment
     
  8. Keynes

    Keynes JF-Expert Member

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    Jan 3, 2011
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    Kaka mbona hawa wahuni picha waliyoweka ni ya zile gorofa za polisi pale kurasini?? au wamefanya hivyo kuuza gazeti??
     
  9. M

    Mutu JF-Expert Member

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    ok
    Still napata tabu watu wanavyosifia vitu obvious like this.

    He need to do more than this ,he need to protect our tax money ,he need to create job ili tuweze kupata hiyo mikopo unaweza kushangaa 95% ya watanzania wakawaida are not eligible kwa mikopo hiyo ya nyumba.
     
  10. n

    nomasana JF-Expert Member

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    its good to see kenyan businesses thriving in other countries. this is just one example that we dont need foreign banks in africa, we africans do it by ourselves for ourselves
     
  11. Lambardi

    Lambardi JF-Expert Member

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    Jan 4, 2011
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    Wakenyaa wakenya......wanazidi kutupiga gape....ona bank yaoo inachanja mbuga tu...sasa wanakuja kutujengea hapa hapa....tathmini inasema kenya ni nchi 2 kwa uwekezajii...wana miradi zaidi 800 hapa tanzania...ikitanguliwa na UK ........EAC hiyooo na sisi bado tunapambana na ufisadii...na uogaa hatukopesheki..hatuna dhamana hatuelweki na ma bank.....yaani sijuii waziri aliekuja kama atafanya tukopesheke
     
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