Bank of Tanzania (BOT)

Bank of Tanzania (BOT)

P.O Box 2303,Dodoma, Tanzania,16 Jakaya Kikwete Road 40184 Dodoma Tanzania,Dar-es-salaam - Central,Dar es Salaam
Contact Phones: +255 -22-223 4083/4/5/8,+255-22-2233000-20
Web Address: www.bot-tz.org
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About Bank of Tanzania (BOT)

The Bank of Tanzania or Benki Kuu ya Tanzania - is the central bank of the United Republic of Tanzania. It is responsible for issuing the national currency, the Tanzanian shilling.

The bank was established under the Bank of Tanzania Act 1965. However, in 1995, the government decided that the central bank had too many responsibilities, and was thus hindering its other objectives. As a result, the government introduced the Bank of Tanzania Act 1995, which gave the bank the single objective of monetary policy.

It is governed by a board of directors consisting of ten people, four of whom are ex officio members which have three advisory committees that can assist them. The bank is headed by its Governor, assisted by three deputy governors in Administration, Economic and financial policies and Financial stability.


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