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Diamond Trust Bank Tanzania PLC is a large financial services provider in Tanzania, with total assets valued at TSh 1,405 billion (approx. US$610 million) as at 31 December 2021. At that time, shareholders' equity was valued at TSh 209 billion (approx. US$99.74 million).
Absa Bank Tanzania Ltd, part of Absa Group; I&M Bank Tanzania Ltd], part of I&M Bank Group; Access Bank Tanzania Ltd, part of Access Bank Group; People's Bank of Zanzibar Ltd; Citibank Tanzania Ltd, part of Citigroup; CRDB Bank Plc; Tanzania Commercial Bank Plc, state-owned; Diamond Trust Bank Tanzania Plc, part of Diamond Trust Bank Group
Diamond Trust Bank Group, in short DTB Group, is an African banking group active in Burundi, Kenya, Tanzania, and Uganda.The flagship company of the group, Diamond Trust Bank Kenya, is licensed by the Central Bank of Kenya, the central bank and national banking regulator in Kenya, the largest economy in the East African Community.
Diamond Trust Bank Group was founded in 1945, as Diamond Jubilee Investment Trust (DJIT) with its head office in Dar es Salaam, Tanzania and branches in Mombasa Kenya and Kampala, Uganda. Subsequently, branches were also opened in Nairobi and Kisumu in Kenya.
Nasim Mohamed Devji, is a Kenyan businesswoman, accountant and corporate executive, who serves as the managing director and chief executive officer of Diamond Trust Bank Group, a commercial banking conglomerate, with headquarters in Nairobi and banking subsidiaries in Burundi, Kenya, Tanzania and Uganda. [1]
The Tanzania Postal Bank Act No. 11 of 1991 created the bank as a separate entity from the Tanzania Posts and Telecommunications Corporation. [5] Since attaining its independence, the bank has provided services to a much larger population than before and it has begun to provide a profit to the government.
BEIJING (Reuters) -China, Tanzania and Zambia signed an initial agreement to rehabilitate a decades-old railway aimed at improving the rail-sea transportation in resource-rich East Africa, Chinese ...
Diamond Trust Bank Uganda Limited (DTBUL), is a commercial bank headquartered in Uganda. [3] It is licensed and supervised by the Bank of Uganda , the central bank and national banking regulator. [ 4 ]