Tanzania: New Credit Bureau to Open in Dar es Salaam

May 3, 2013 - AllAfrica.com

Dun and Bradstreet Credit Bureau Tanzania, the first licensed credit bureau in Tanzania, is on Friday set to meet with bank executives at a consultative workshop in Dar es Salaam.

The workshop which is a precursor to the official opening of Dun and Bradstreet Credit Bureau's offices in Tanzania, is aimed at developing working relationship between the credit bureau and the banks and financial institutions, many of whom have played a key role in ensuring that Tanzania gets a bureau that is of international standards.

According to Mr Miguel Llenas - C.E.O of Dun & Bradstreet Credit Bureaus Limited, the aim is to build the most comprehensive Credit Bureau that will play a role in boosting Tanzania's economy and financial soundness.

The General Manager of the bureau Adebowale Atobatele said, they considered banks and financial institutions in Tanzania to be their partners and therefore the workshop would be an opportunity to meet them. "We want to serve them and it is important for us to understanding the specific challenges that they encounter in their business of creating risk assets," he said.