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Mkombozi Commercial Bank Plc; Canara Bank Tanzania Ltd; Bank of Baroda Tanzania Ltd, part of Bank of Baroda Group; Stanbic Bank Tanzania Ltd, part of Standard Bank Group; Bank of Africa Tanzania Ltd, part of Bank of Africa Group; Habib African Bank Ltd, part of Habib Bank Group; KCB Bank Tanzania Ltd, part of KCB Group; Akiba Commercial Bank Plc
It is one of the banks licensed by the Bank of Tanzania, the national banking regulator. [1] The bank serves retail customers, corporate customer, and medium to large business enterprises. As of December 2011, it was the fifth-largest commercial bank in Tanzania, by assets, with an estimated asset base of US$793.1 million (TZS:1.24 trillion).
Commercial Bank of Africa (Tanzania) CRDB Bank; Diamond Trust Bank (Tanzania) Limited; Ecobank; Exim Bank (Tanzania) FBME Bank; HBL Pakistan; I&M Bank (Tanzania) International Commercial Bank; KCB Tanzania; Mkombozi Commercial Bank; National Bank of Commerce (Tanzania) National Microfinance Bank; NIC Bank Tanzania; People's Bank of Zanzibar ...
In 2015 the bank management declared that the bank will list the bank on the Dar es Salaam Stock Exchange, in order to raise capital to expand and automate the companies operations. [6] On January 19, 2017, the bank officially rebranded the company and Tanzania Postal Bank Limited changed its name to TPB Bank Plc. [7]
The bank was founded in 1966 by the government of Zanzibar. It functions as a retail bank, serving individuals, small and medium enterprises (SMEs), and large corporate clients. Initially, its service area was limited to the islands of Zanzibar and Pemba. In April 2011, the bank opened a branch in Dar es Salaam on the mainland.
The bank's name was changed from Grindlays Bank International (Kenya) Limited to Stanbic Bank Kenya Limited in 1993. [10] At the point of the merger, the bank was 96.31% owned by Standard Bank through Stanbic Africa Holdings Limited (SAHL) and the balance of 3.69% held by the Government of Kenya .
NCBA Bank Tanzania: Retail banking: Dar es Salaam, Tanzania. [23] After a successful rights issue in 2013, NIC Group's interest in its Tanzanian subsidiary rose from 51 percent to 68.97 percent. [24] NCBA Bank Uganda: Retail banking: Kampala, Uganda. The group owns all of the shares of the unit. NCBA Bank Rwanda: Retail banking: Kigali, Rwanda.
As of September 2014, Equity Bank Tanzania Limited owned total assets valued at US$143.42 million, with US$107.68 million in customer deposits and a loan book of US$87.1 million. [4] As at 31 June 2016, his bank was the leading originator of mortgage loans in Tanzania, accounting for an estimated TSh 96 billion (approx. US$45 million) in total ...