Tansania

Conceptional framework for the restructuring of Tanganyika Post Office Savings Bank

Country
Tanzania

Local Project Partner
Tanganyika Post Office Savings Bank (TPOSB)

Donator
German Federal Ministry for Economic Cooperation and Development (BMZ)

Duration
1991 - 1993


Contacts between the German savings banks organisation and TPOSB date back to the mid-80s. Various studies were carried out, outlining the conceptional framework for restructuring TPOSB with the aim to achieve legal autonomy.

With German assistance, a new savings banks act was passed by the Tanzanian parliament in 1991, enabling the transformation of TPOSB into a legally and economically autonomous institution. Apart from the capital restructuring, the transformation process included an audit of TPOSB’s entire business policy in the area of deposit and lending business, a service level agreement between the autonomous postal savings bank and the post offices and the selection and – if required – training of the necessary employees.

 

Deutsche Sparkassenstiftung für internationale Kooperation e.V.
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