According to a Moody’s report, measures taken by Tanzania’s Central Bank will support the market-funded banks in meeting their funding and liquidity needs amid the Covid-19 pandemic. However, these measures are not enough to prevent a decline in bank asset quality. Peter Mushangwe, Banking Analyst at Moody’s joins CNBC Africa for more.
Moody’s: Tanzania’s monetary policy to support banks’ liquidity
PUBLISHED: Thu, 21 May 2020 15:06:54 GMT