List of banks in Tanzania

Last updated

This is a list of banks in Tanzania whether licensed commercial banks, community banks, microfinance banks, mortgage banks or development banks. [1] [2]

Contents

Commercial banks

  1. Absa Bank Tanzania
  2. Access Bank Tanzania [3] [4]
  3. Akiba Commercial Bank
  4. Amana Bank
  5. Azania Bank
  6. Bank of Africa Tanzania Limited
  7. Bank of Baroda Tanzania Limited
  8. Bank of India (Tanzania)
  9. Canara Bank Tanzania Limited
  10. China Dasheng Bank Limited
  11. Citibank Tanzania
  12. CRDB Bank
  13. DCB Commercial Bank [5]
  14. Diamond Trust Bank Tanzania
  15. Ecobank Tanzania
  16. Equity Bank (Tanzania)
  17. Exim Bank (Tanzania)
  18. GTBank Tanzania [6]
  19. Habib African Bank
  20. I&M Bank (Tanzania) [7]
  21. ICBank Tanzania
  22. KCB Bank Tanzania
  23. Letshego Bank Tanzania
  24. Mkombozi Commercial Bank [8]
  25. Mwalimu Commercial Bank
  26. National Bank of Commerce (Tanzania)
  27. National Microfinance Bank
  28. NCBA Bank Tanzania [9]
  29. People's Bank of Zanzibar
  30. Stanbic Bank Tanzania Limited
  31. Standard Chartered Bank Tanzania
  32. Tanzania Commercial Bank [10] [11] [12]
  33. UBA Bank Tanzania [13] [14]
  34. Mwanga Hakika Bank [15] [16]

Mortgage Banks

  1. First Housing Company Tanzania Limited
  2. Tanzania Mortgage Refinance Company

Development financial institutions

  1. Tanzania Agricultural Development Bank [17]
  2. TIB Development Bank

Community banks

  1. Kilimanjaro Cooperative Bank [18] [19]
  2. Maendeleo Bank Plc
  3. Mufindi Community Bank Plc (MuCoBa)
  4. Tandahimba Community Bank Limited [18]
  5. Uchumi Commercial Bank Limited

Microfinance banks

  1. Selcom Microfinance Bank Tanzania
  2. Finca Microfinance Bank (Tanzania)
  3. VisionFund Tanzania Microfinance Bank
  4. Yetu Microfinance Bank PLC
  5. Y9 Microfinance Bank PLC
  6. UOB Global Capital Finance Limited

See also

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<span class="mw-page-title-main">National Bank of Commerce (Tanzania)</span>

National Bank of Commerce (Tanzania), whose full name is National Bank of Commerce (Tanzania) Limited, sometimes referred to as NBC (Tanzania), or as NBC (Tanzania) Limited, is a commercial bank in Tanzania. It is one of the commercial banks licensed by the Bank of Tanzania, the country's central bank and the national banking regulator. In August 2019, the bank was fined TSh 1 billion (US$435,000) because of the failure to establish a data center in the East African nation.

<span class="mw-page-title-main">NMB Bank Tanzania</span> Commercial bank in Tanzania

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Exim Bank (Tanzania) (EBT), is a commercial bank in Tanzania, the second-largest economy in the East African Community. The bank is licensed by the Bank of Tanzania, which is the country's central bank and national banking regulator.

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<span class="mw-page-title-main">Akiba Commercial Bank</span> Tanzania Bank based in Dar es Salaam

Akiba Commercial Bank (ACB) is a commercial bank in Tanzania. It is licensed by the Bank of Tanzania, the central bank and national banking regulator.

Dar es Salaam Community Bank (DCB), whose official name is DCB Commercial Bank, but is commonly called DCB Bank, is a commercial bank in Tanzania. It is licensed by the Bank of Tanzania, the central bank and national banking regulator.

<span class="mw-page-title-main">NCBA Bank Tanzania</span> Tanzanian commercial bank

NCBA Bank Tanzania Limited, is a merged bank between Commercial Bank of Africa (Tanzania) and NIC Bank Tanzania. It is a commercial bank in Tanzania licensed by the Bank of Tanzania, the central bank and national banking regulator.

Letshego Bank Tanzania Limited, commonly known as Letshego Bank is a commercial bank in Tanzania, licensed by Bank of Tanzania, the central bank and national banking regulator.

First National Bank Tanzania (FNBT), is a commercial bank in Tanzania. It is one of the commercial banks licensed by the Bank of Tanzania, the national banking regulator. It is a subsidiary of South Africa-based FirstRand Group.

Diamond Trust Bank Tanzania Plc (DTBT) is a commercial bank in Tanzania, licensed by the Bank of Tanzania.

Selcom Microfinance Bank Tanzania (SMBT), previously known as Access Microfinance Bank Tanzania (AMBT), is a microfinance bank located in Tanzania. It is licensed by the Bank of Tanzania, the central bank and national banking regulator.

Tanzania Commercial Bank, formerly known as TPB Bank Plc, is a commercial bank in Tanzania. It is licensed and supervised by the Bank of Tanzania, the central bank and national banking regulator.

Exim Bank Group (East Africa) (EBGEA), is a financial services conglomerate based in the African Great Lakes region. EBGEA's headquarters are in Dar es Salaam, Tanzania, with subsidiaries in Uganda, Tanzania, Comoros, Djibouti and Ethiopia.

Exim Bank (Comoros) (EBC), also Exim Bank Comores SA (French), is a commercial bank in Moroni, the Comoros.

Mwanga Hakika Bank (MHB), whose official name is Mwanga Hakika Bank Limited, is a commercial bank in Tanzania. It is licensed by the Bank of Tanzania, the central bank and national banking regulator.

The CRDB Bank Group, is a privately owned conglomerate in Tanzania. The anchor company in the group is CRDB Bank Plc., the largest commercial bank in Tanzania, based on assets. As of 31 December 2023 CRDB Bank had assets valued at TSh10.897 trillion.

References

  1. Tanzania Invest (9 June 2021). "List of Tanzanian Banks in 2021: As of June 2021". Dar es Salaam: Tanzaniainvest.com. Retrieved 9 June 2021.
  2. Bank of Tanzania (20 January 2022). "List of Licensed Financial Institutions In Tanzania". Bank of Tanzania . Dar es Salaam. Retrieved 20 January 2022.
  3. "Access Bank Plc enters into acquisition agreements with Five Standard Chartered Shareholdings in Africa". The Citizen (Tanzania) . Dar es Salaam, Tanzania. 26 August 2023. Retrieved 27 August 2023.
  4. Adekunle Agbetiloye (11 June 2024). "Access Bank acquires African Banking Corporation of Tanzania to expand East African footprint". Business Insider Africa. Lagos, Nigeria. Retrieved 25 August 2024.
  5. Pius Rugonzibwa (4 April 2012). "Tanzania: Dar es Salaam Bank Grows To Become Commercial Bank". Tanzania Daily News via AllAfrica.com . Dar es Salaam, Tanzania. Retrieved 7 November 2014.
  6. Edwin Kiplagat (8 January 2018). "Tanzania licences new commercial bank". The EastAfrican . Nairobi, Kenya. Retrieved 8 January 2018.
  7. "Kenya's I&M Bank Buys Stake In Tanzania's CFU Bank". Reuters. 25 January 2010. Retrieved 7 November 2014.
  8. Mbonea, Israel (31 August 2009). "Tanzania: Dar Catholics Launch Bank". East African Business Week via AllAfrica.com . Kampala. Retrieved 7 November 2014.
  9. George Obulutsa and Chizu Nomiyama (27 September 2019). "Kenya Central Allows Merger of Lenders NIC and CBA Groups". Reuters.com . Retrieved 20 January 2022.
  10. Citizen Reporter (16 May 2018). "Tanzania: Bank of Tanzania Confirms Merging of Two State Owned Banks". The Citizen (Tanzania) via AllAfrica.com . Dar es Salaam. Retrieved 17 May 2018.
  11. Fumbuka Ng’wanakilala (28 October 2016). "Tanzania's central bank takes over Twiga Bancorp". Reuters . Retrieved 6 May 2018.
  12. Deus Ngowi (22 June 2021). "Tanzania: TPB Now Becomes Tanzania Commercial Bank" (via AllAfrica.com). Tanzania Daily News . Dar es Salaam. Retrieved 23 June 2021.
  13. New Vision (23 November 2008). "UBA To Invest USh360 Billion (US$150 Million) In Kenya". New Vision via AllAfrica.com . Kampala, Uganda. Archived from the original on 7 November 2014. Retrieved 22 July 2022.
  14. United Bank for Africa Group (28 October 2009). "UBA Tanzania Now Open for Business". United Bank for Africa Group via AllAfrica.com . Lagos, Nigeria. Retrieved 22 July 2022.
  15. Alex Nelson Malanga (22 August 2022). "Mwanga Hakika Microfinance graduates to commercial bank". The Citizen (Tanzania) . Dar es Salaam, Tanzania. Retrieved 27 August 2023.
  16. "Tanzania See Merger of 3 Banks: Mwanga, Hakika, and EFC". TanzaniaInvest. Dar es Salaam, Tanzania. 26 August 2020. Retrieved 9 June 2021.
  17. "Tanzania: Farmers Assured of Bank By End of Year". Tanzania Daily News (Dar es Salaam) via AllAfrica.com . 20 October 2013. Retrieved 7 November 2014.
  18. 1 2 Elinaza, Abduel (17 May 2017). "Tanzania: State Pursues Few but Strong Banks Strategy". Tanzania Daily News via AllAfrica.com . Dar es Salaam. Retrieved 17 May 2017.
  19. Daily News Reporter (3 September 2018). "Tanzania: Kilimanjaro Co-Operative Bank Raises Core Capital". Tanzania Daily News via AllAfrica.com . Dar es Salaam. Retrieved 6 September 2018.