Banks & Financial Institutions in Tanzania | Web & Contacts Directory/Listing

By providing responsible and affordable unsecured credit, Bayport strives to accelerate economic growth and build individual self-sustainability. Bayport?s clients have benefited, and continue to benefit, enormously from this successful and proven credit approach. Established in 2002. Bayport Financial Services is dedicated to fully complying with all regulatory and legislative requirements in the countries in which we operates. Bayport Financial Services' operations are domiciled in 5 countries through its 235 branches.

AccessBank Tanzania Ltd (?ABT?) is a commercial bank with a special focus on microfinance. Having opened its doors to the public in November 2007, ABT has quickly evolved into a recognized provider of financial services to micro, small and medium-sized (MSMEs) and the general lower and middle income clientele of Tanzania. With an opening balance of just TZS 1,000 for the savings account, and providing microenterprise loans from as low as TZS 100,000, we strive to make banking accessible to all members of the Tanzanian community. We are among the fastest banks in the market place when it comes to the processing times of account opening and loan applications.

AccessBank Tanzania is a commercial bank providing micro, small and medium-sized enterprises (MSMEs) and the lower income clientele with a broad range of appropriate financial services.

Advans Bank Tanzania Limited is a commercial bank with a special focus on providing financial services to micro, small and medium-sized enterprises. Despite its target group focus, Advans Bank Tanzania is a fully-fledged commercial bank that is prudentially regulated by the Bank of Tanzania under the provisions of the Banking and Financial Institution Act. Worldwide, 3.000 staff in the fast growing Advans Bank Group are currently serving more than 400.000 clients.

AKIBA Commercial Bank commenced operations in August 1997 as an initiative of over 300 Tanzanian entrepreneurs who were mostly inspired to move into microfinance by the moral and political concern for the plight of Tanzanians, as opposed to the overall commercial attraction. They shared a strong conviction that in AKIBA they would have the vehicle with which they could reach and touch the lives of the previously un-banked and underserved men and women of Tanzania. The group?s vision and mission was to support the emergence of Tanzanian businesses through the provision of financial services at all levels, by a Tanzanian-owned commercial bank that understood Tanzanians and was committed to Tanzania. This origin therefore gives AKIBA very firm and deep roots in Tanzania.

Amana Bank is the first fully Sharia compliant bank in Tanzania. Its beginning can be traced back to October 2009 when a group of prominent Tanzanian business personalities met and set in motion the establishment of an Islamic bank. Today, Amana Bank is wholly owned by a diverse base of Tanzanian businessmen who are committed to the success thereof. The Bank was granted a provisional license by Bank of Tanzania on 4 February 2011 and then incorporated on 25 February 2011 with an Authorized Share Capital of TZS100billion and Paid-Up Capital of TZS21.5billion.

Azania Bank Ltd (formally 1st Adili Bancorp Ltd) is now a Commercial Bank was established in 1995 as a financial institution following the liberalization of the banking sector. The initiative of setting up the bank came from indigenous Tanzanians who teamed up with the two social security fund in the country, National Social Security Fund (NSSF) and Parastatal Pension Fund (PPF) to support the start up of the bank. The bank also obtained participation from international aid organizations such as Swedish International Development Agency (through SwedFund). American bullion trader and merchant bank, Gerald Metals Inc The name Azania came into being in the third quarter of 2000 after reorganizing of 1st Adili into new shareholding and management. In October 2004 we changed the name Bancorp to Bank and from a financial institution into a commercial bank to make room for further growth anticipated.

ABC Holdings Limited is the parent company of a number of sub-Saharan Africa banks operating under the BancABC brand that offer a diverse range of financial services including personal, business and corporate banking as well as asset management, stock broking and treasury services. Guided by its core values of professionalism, people, innovation, passion and integrity, BancABC is pursuing its vision be the preferred banking partner in Africa by offering world class financial solutions - to the benefit of all its stakeholders

It has been a long and eventful journey of almost a century across 25 countries. Starting in 1908 from a small building in Baroda to its new hi-rise and hi-tech Baroda Corporate Centre in Mumbai, is a saga of vision, enterprise, financial prudence and corporate governance. It is a story scripted in corporate wisdom and social pride. It is a story crafted in private capital, princely patronage and state ownership. It is a story of ordinary bankers and their extraordinary contribution in the ascent of Bank of Baroda to the formidable heights of corporate glory. It is a story that needs to be shared with all those millions of people - customers, stakeholders, employees & the public at large - who in ample measure, have contributed to the making of an institution. Mission To be a top ranking National Bank of International Standards committed to augmenting stake holders' value through concern, care and competence.

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.

Barclays Tanzania serves more than 114,300 customers and clients across the country, through a network of 54 ATM?s and 32 branches. Recognizing that millions of Tanzanians believe they are unable to maintain accounts in the formal banking sector due to their erratic or minimal earning power, Barclays has devised specific new products and services to suit entry-level customers. Barclays employs more than 750 people in Tanzania, and plans to grow its business in the country. Tanzania is part of the Barclays Africa business ? one of the fastest-growing areas of the Group worldwide. In Tanzania, Barclays offers : Retail banking: everyday personal banking, including specific products and services developed for the local market. Corporate banking: Barclays Tanzania offers business banking services to corporate clients. Barclaycard: provides customers nationwide with credit card facilities.

The company continues to grow even further into rural Tanzania. We believe in having branches closer to where the customer lives and having them catered by an indigenous Bayport staff gives them access to credit more quickly in a language they understand and by people they can trust. Through credit Bayport has been able to change the trajectory of individual

About Commercial Bank of Africa (T) Ltd (CBA) The preservation of your wealth is our primary focus. To this end we follow a conservative, risk averse strategy, adhering to principles of good banking - strong capitalization, liquidity, risk diversification, conservative lending policies, investment in service delivery channels and customer service orientation.

banking

CRDB Bank Plc is a leading, wholly-owned private commercial bank in Tanzania. The Bank was established in 1996 and has grown and prospered over the years to become the most innovative, first choice, and trusted bank in the country. CRDB Bank offers a comprehensive range of Corporate, Retail, Business, Treasury, Premier, and wholesale microfinance services through a network of 60 branches, ATMs, Depository ATMs, Mobile branches, Point of Sales (POS) terminals and scores of Microfinance partners institutions. The Bank also operates through internet and Mobile banking services. Our mission CRDB Bank is committed to provide quality and competitive financial services with a strong focus on retail banking and customized corporate and institutional services, while ensuring the confidence and trust from our stakeholders

Dar es Salaam Community Bank Limited (DCB) is a private microfinance bank dedicated to financing poverty alleviation programmes, aimed at uplifting the standard of living of the majority of low income people in Dar es Salaam. It was registered in 2001 and incorporated in Tanzania under the Companies Ordinance, and licensed by the Bank of Tanzania under the Banking and Financial Institutions Act, 1991, as a regional unit commercial bank. Dar es Salaam Community bank commenced operations to the public on 15th April 2002. Vision To be the leading micro-finance bank in Dar es Salaam through delivery of commercial micro-finance banking services to the majority of the low income and poor people, and Micro and Small Enterprises

We develop ideas, technology, solutions to serve the people who need it most, in parts of the world that were considered unreachable. Our goal is bridging the gap in payment processes across Africa and providing financial services to the masses, including those located in rural areas representing the banked, un-banked, and under-banked communities.

Diamond Trust Bank (DTB) is a full service commercial bank incorporated in the Republics of Kenya, Tanzania, Uganda, and Burundi. In Kenya, DTB is listed on the Nairobi Stock Exchange. The Group is licensed by respective countries? Central Banks to provide a wide range of corporate, retail and commercial banking services; and fully complies with the capital adequacy requirements as stipulated. Vision Enabling people to advance with confidence and success Mission To make our customers prosper, our staff excel, and to create value for our stakeholder Our Values Excellence This is at the core of everything we do. The markets in which we operate are becoming increasingly competitive, and our customers now have an abundance of choice. Only through being the very best, in terms of the service we offer, and our products and premises, can we hope to be

Ecobank believes its success depends for the most part on its ability to maintain a diverse, resourceful and dynamic workforce to serve its customers. ETI commenced operations with its first subsidiary in Togo in March 1988. Today, the Ecobank Group is a full-service regional banking institution employing over 11,000 staff in over 746 branches and offices in thirty (30) West, Central and east and southern African countries namely Benin, Burkina Faso, Burundi, Cape Verde, Cameroon, Central African Republic, Chad, Congo Brazzaville, Democratic Republic of Congo, C?te d'Ivoire, Gabon, The Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Malawi, Mali, Niger, Nigeria, Rwanda, Sao Tome & Principe, Senegal, Sierra Leone, Tanzania, Togo, Uganda, Zambia and Zimbabwe.

MIKOPO YA KUBORESHA MAKAZI EFC imeanzisha mkopo wa kuboresha makazi.Walengwa ni wajasiriamali

FBME takes pride in being able to provide bespoke solutions and services to both personal and corporate clients. Our solutions are client-driven and endeavour to focus on our clients’ business needs. At FBME we eliminate boundaries and transcend time zones to improve clients’ situations, while striving to provide superior customer service, communicating tailor-made financial solutions and professionalism. Our corporate culture is one that advocates integrity, quality of service and collaboration. Clients benefit from our network of partnerships and correspondents, which operates over 900,000 ATM’s world-wide, providing account holders’ access to their funds world-wide.

Vision To become a company where the best people want to work, the first choice where customers want to do business, and where shareholders are happy with their investment. Mission To be partners of growth for all our stakeholders We will achieve this through: Meeting our Customers? expectations Motivating & developing every employee. Enhancing shareholder value Culture ?Nurture a culture of fairness to our partners?. This is with regard to three key relationships: Employee ? Employer Customer ? Bank Shareholders Strategy Consciously develop an image of an institution genuinely interested in long term relationships ? being proactive and responsive to customers? requirements and expectations.

ICB Financial Group Holdings AG is the holding company for several banks operating in Africa, Asia and Europe. The ICB Banking Group has within the last fourteen years established or acquired commercial banks in Africa, Asia and Europe and now operates ICB banks in fourteen countries with a talent pool of versatile and experienced international bankers. The ICB Banking Group is expanding and consolidating its presence in the host countries where financial services represent a significant pillar of the economy and constitute the fastest growing sector in the country. The number of Banks and branches is expected to increase further with ICB extending its reach to other countries to further strengthen and expand its position as an international Banking Group. On 17 May 2007, ICB Financial Group Holdings AG was listed on AIM market of the London Stock Exchange.

Jubilee is a respected East African brand with a strong financial base and over 70 years of experience in the industry. Jubilee Holdings owns Jubilee Insurance which is the number one composite insurer in Kenya, Uganda and East Africa and the market leader in medical insurance. We are the number one composite insurer in Kenya, Uganda and East Africa and the market leader in medical insurance. We operate through a network of head offices in the East African capital cities of Nairobi, Kampala and Dar es Salaam and have eight branches spanning the region. We employ over 400 employees across East Africa and safeguard the interests of businesses, individuals and families, by consistently providing you with the best tailored solutions to meet your needs.

investment bank

KCB Bank Tanzania Limited was incorporated in April 1997. KCB Bank Tanzania with its head office at Haram bee Plaza, Ali Hassan Mwinyi/Kaunda Drive, Oysterbay Dar-es-Salam, is a subsidiary of KCB Bank Group which operates also in Kenya, Uganda, South Sudan, Rwanda and Burundi. KCB Bank Tanzania has 12 branches; 7 in Dar es Salaam one each in Arusha, Kilimanjaro, Mwanza, Morogoro and Zanzibar. These branches are linked online with the rest of KCB Group branches in East Africa which makes a total of over 230 branches. The opening of East Africa Community is a major milestone which opens up common market to intra-regional investment and brings East African people together in terms of social, cultural and economic development. KCB Bank plays a key role as a bridge between East Africa Countries in provision of financial solutions. The Bank provides a wide range of tailored products and services as well as facilitating cross border trade. KCB is a one branch Bank that operates

The KCBL was established with two basic objectives: ? To mobilize savings from the public, especially co operatives ? To lend the same to the public particularly in rural areas for the advancement of production, crop marketing and other service activities of the rural population The main objective is to assist people at grassroots level at obtaining adequate financial services through their SACCOS. Hence the SACCOS are considered as an important link between the Bank and the rural majority. Although the shares holding/ownership is limited to the co operatives, the services offered are for all people, like any other commercial Bank i.e., it is open to the public. Mission The Bank exists to provide efficient and appropriate financial and ancillary services to Co-operatives and their surrounding communities in its area of operation.

Core values of Mkombozi Commercial Bank are: Serving customers cordially with speed and efficiency Delivering quality and distinguished products and services Observing the highest level of ethics, integrity and honesty Maximizing shareholders value Operating with prudence and in conformity with statutory and regulatory requirements Adhering to good corporate governance Inspiring pride and confidence among the general public Applying the principle of flexibility and responsiveness Mission To be a bank that will provide high quality financial services to all sectors and levels of the economy in a sustainable and socially responsible manner to meet stakeholders' expectations.

Mwanga Community Bank Limited popularly known as ?Benki ya Wananchi Mwanga? opened its doors to the public nine years ago after obtained its license from Bank of Tanzania as a Regional Unit Financial Institution in year 2000. In 2009 MCB obtained a Regional Bank license from BOT which allow the bank to operate throughout Kilimanjaro Region. The bank is a public limited company whose shareholders are individuals from every village of Mwanga District, people originating from Mwanga and other places living in Dar es salaam, Arusha, Dodoma, Tanga and Moshi, Institutions and Non Government Organizations like TGT, Mwanga Pare Community Development Trust Fund, Mwanga District Council etc. There is no majority shareholder. For the last seven years, the bank has registered tremendous success in terms of growth both in business volume and profitability. Since 2005, the bank has been paying dividends to its shareho

NBC Ltd. is one of the largest commercial banks in Tanzania, with a network of 53 branches and 6 business centers strategically located in retail centres and other major towns across the country. Having joined forces with Africa's largest banking group, South African based Absa Group Ltd, NBC Ltd. has given its clients access to a global banking environment. Wherever you may be, NBC Ltd is the solution to all your banking requirements. Vision To be the preferred provider of financial Services in Tanzania Mission We are a caring financial services provider, partnering with all our stakeholders to create prosperity through a customer centric, innovative and diverse product offering.

NMB is the largest bank in Tanzania, both when ranked by customer base and branch network. With over 139 branches we are located in more than 80% of Tanzania's districts. This broad branch network distinguishes NMB from other financial institutions in Tanzania. We are committed to sustaining and enhancing our branch network in order to provide access to capital to citizens in all areas of Tanzania, including the most remote. Mission Through innovative distribution, and its extensive branch network, NMB offers affordable, customer focused, financial services to the Tanzanian community, in order to realize sustainable benefits for all its stakeholders.

National Microfinance Bank Plc (NMB) is one of the largest commercial banks in Tanzania, providing banking services to individuals, small to medium sized corporate clients, as well as large businesses.

Chama cha SINZA EVANGELICAL CHURCH SACCOS (SECS), kilianzishwa rasmi tarehe 5/02/2005 , kwa juhudi za mwasisi wake ambaye ni ndugu Mary Mkondya, chini ya uongozi thabiti wa maafisa ushirika akiwemo ndugu Rose Mhekwa na ushauri mzuri wa walezi wa chama Mchungaji Dr. Alphonce Mwanjala pamoja na Mchungaji Caristi Masalu ambaye kwa sasa ni marehemu. Chama hiki cha SACCOS kilianzishwa kwa madhumuni ya ni kuinua na kustawisha hali ya maisha ya wanachama kikiwa na wanachama ishirini na nane (28) wote wakiwa wanawake ambapo mpaka sasa kina wanachama zaidi ya 220. Ili kuwa mwanachama wa SINZA EVANGELICAL CHURCH SACCOS, karibu kwenye ofisi zetu zilizopo Dar es salaam eneo la sinza makaburini karibu na kanisa la sinza evangelical church upate elimu ya ziada juu ya faida za kuwa mwanachama wa saccos (haswa yetu), namna ya kuweka ili uwezeshwe ukawekeze.

Stanbic Bank in Tanzania Limited came into being in May 1995 when the operations of Meridien Biao Bank Tanzania Limited were acquired by the Standard Bank Group. The Standard Bank group, based in Johannesburg, South Africa, has total assets of about US$81 billion and employs about 35 000 people worldwide. Its network spans 17 sub-Saharan countries (including South Africa) and extends to 21 countries on other continents, including the key financial centres of Europe, the United States and Asia. In addition to banking, Standard Bank has a strategic interest in the insurance industry through its control of the Liberty Group, one of Africa's leading life offices and financial services groups. The group has one of the biggest single networks of banking services in Africa. Through this network we offer a wide range of banking products and services which are delivered through more than 1 000 points of representation in 17 African countries (including Ta

As part of the Financial Sector Reform Programme, Tanzania Postal Bank (TPB) was established by the Tanzania Postal Bank Act No.11/1991 as amended by Act No.12 of 1992. This bank became operational as a separate entity from the then Tanzania Posts and Telecommunications Corporation (TP&TC) from 1st March 1992 with its own Board of Directors and Management. It was established as a successor to the Tanganyika Post Office Savings Bank (TPOSB), which was established by the Post Office Savings Bank Ordinance of 1925 and became operational in 1927. The creation of this new bank took into account its strengths and particularly the advantage of canvassing the masses both in urban and rural areas. The TPB Act that was passed by the Parliament addressed itself to some of the basic problems, which were besetting TPOSB performance. Among others, it provided for a legal framework that made it a corporate body.

The People's Bank of Zanzibar Limited (PBZ) is one among the oldest commercial banks in Tanzania. It is fully owned by the Government of Zanzibar. PBZ is the only bank in Tanzania with its head office in Zanzibar. It dominates the Zanzibar market with about 50% of the market share formed of the cosmopolitan population of over 1.0 million people. Zanzibar enjoys leading tourist investments from various countries. The Bank does both retail and corporate banking with equipped modern systems that facilitate banking business locally and overseas efficiently.

Twiga Bancorp Ltd., formerly known as National Bureau de Change Ltd., was established in 1992 as a wholly-owned subsidiary of the then National Bank of Comemerce. In 1998 The National Bureau De Change was transformed into a non-bank financial institution, empowered to handle all banking transactions with the exception of taking deposits on current account. Twigabancorp is a full owned by the government. Twiga Bancorp Limited operates in the three major cities of Tanzania namely Dar es Salaam, Arusha and Mwanza. The head office is located at Twiga House, 54/55 Samora Avenue in Dar es Salaam. We also have sub-branches at the Julius Kambarage Nyerere International Airport (JKNIA) in both terminals, i.e. JKNIA Terminal I (also known as Cargo) and JKNIA Terminal II where we have a full time service (24 x 7 x 365) hours.We are opening new branches in Dodoma and Kigamboni respectively this year

Uchumi Commercial Bank Limited (UCB Ltd.) is a regional commercial bank, licensed to operate in Kilimanjaro Region, Tanzania. The bank is owned by over 330,000 average Tanzanians who are members of the Northern Diocese of the Evangelical Lutheran Church in Tanzania (ELCT-ND). It is on the southern slopes of lofty Mt. Kilimanjaro, serving customers from all over Tanzania and overseas from Moshi. Vision UCB Ltd. vision is to have a northern Tanzania in which majority of people have convenient access to affordable financial services, through sustainable microfinance institutions. Mission The bank shall provide operationally and financially sustainable banking services, starting with a branch in Moshi municipality, and eventually in all Kilimanjaro districts. Throughout, a strong linkage shall be maintained with parish-based savings and credit cooperative societies (saccos) serving entire community

United Bank for Africa (Tanzania) Limited is a subsidiary of United Bank for Africa Plc, headquartered in Lagos Nigeria, one of Africa’s leading financial institutions offering universal banking to more than 7 million customers across 750 branches in 16 African countries and in New York, London and Paris. The bank started with the initial capital base of US $15,000,000 (fifteen million US dollars), which is far in excess of the Bank of Tanzania (BOT) requirement for a Tanzanian Banking License. UBA Tanzania will bring to Tanzania’s market, comprehensive, world class financial services to support its corporate and retail customers, In addition to introducing innovative products and services to the market.