DFC and Citibank provision of USD 320m financing to CRDB Bank (Tanzania)
- Value
- US$320m
- Date
- 9 October 2026
- Transaction type
- Other
- Practice area
- Corporate and Commercial
- Sector
- Banking and Financial Services
- Jurisdiction
- Tanzania
- Client
- CRDB Bank PLC (borrower)
Summary
DFC and Citibank provision of USD 320m financing to CRDB Bank (Tanzania). Value as disclosed: 320,000,000 USD.
USD 320m financing to Tanzania’s largest commercial bank.
Why it matters
Major (USD 100m-1bn or award-winning)
Scope of legal work
ALN Tanzania | A&K Tanzania
Advisers
| Lawyer | Firm | Role |
|---|---|---|
| Shemane Amin | ALN Tanzania | A&K Tanzania |
Other parties
CRDB Bank PLC (borrower) (acquirer or client); US International Development Finance Corporation; Citibank (lenders) (counterparty or seller)
Sources
Compiled by Meridian from the public announcements and filings listed under Sources.
- External researchers
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