This is an instrument for working capital financing. A company
expecting debtor receipts at a given future date will discount
those receipts to us and we then pay the net proceeds for immediate
use. These structures help in managing company cash flows.
We have various arrangements with large retail chain
stores, wholesalers, fuel suppliers and transporters s on
discounting of debtor receipts. Most of these organizations are our
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This is undertaken through a proactive process whereby information is continually
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African Banking Corporation Tanzania Limited, with registration Number 26116 of
5th & 6th Floor, Uhuru Heights, Bibi Titi Mohammed Road, Dar es Salaam, Tanzania