To bring together members of the banking fraternity in order to have a common voice on matters relating to industry performance and growth, policy and regulations, elevation of professional standards and standards of providing banking services /Engage banking institutions together in researched advocacy and stakeholders’ engagement in order to promote conducive legislative and regulatory system that take into account the needs and concerns of banking institutions and facilitate financial inclusion
To be the voice of the banking sector and assist in creating a conducive environment for the sector to contribute to economic development of the country.
NIKO FITI Financial Literacy Program
Niko Fiti is financial literacy program founded by Tanzania Bankers Association in collaboration with FSDT designed to enhance financial literacy in Tanzania.
A MESSAGE FROM THE CHAIRMAN
As economies around the world begin to recover from the adverse effects of the COVID-19 pandemic, financial service providers are fast adapting to changes in consumer behavior and a rapidly evolving regulatory environment.
Tanzania’s financial services sector continues to play a pivotal role in this recovery process and is at the forefront of championing solutions that address the challenges in the marketplace.
The government decision of not imposing lockdowns on economic activities during the height of the pandemic has added impetus to the growth, even with a reduction in international trade. Bank of Tanzania (BoT) projects a slowdown in economic growth to 5.5% in 2020 down from 7.0% in 2019. The growth will be mainly driven by the Agriculture sector, due to favourable weather and, supported by increased public investments and an accommodative monetary policy.