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VELMA Law
VELMA Law, Dar es Salaam Tanzanian Law Firm
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Public Notice 5 May 2017: Bank of Tanzania has discontinued all banking operations of FBME Bank Limited; revoked its banking business license; placed it under liquidation; and appointed the Deposit Insurance Board (DIB) as a Liquidator effective 8 May 2017.
Notice to Depositors, Creditors and Debtors 5 May 2017: Depositors, creditors and debtors of FBME are asked to be patient as the liquidator puts in place arrangements to handle their affairs. They are informed that the liquidator shall, in due course, inform them of payout plan, debt collection and other similar arrangements.