NIC Group invested an additional $3.5 m in its Tanzanian banking subsidiary last year when the regulator in that market introduced new prudential rules that put a strain on institutions’ capital.

For more information, please see https://www.theeastafrican.co.ke/business/NIC-invests–3-5m-more-in-Tanzania-banking-subsidiary/2560-5084138-6nxwh0z/index.html?utm_source=newzmate&utm_medium=email&utm_campaign=2318&tqid=3POwYmIvW0AB7CEJtr8s9C1rqVGfUcr0xzpR9BSeKw