Banking in Tanzania

Tanzania Womens Bank Plc

INTRODUCTION Tanzania Women’s Bank PLC (TWB) is a Public Limited Company established under the Company’s Act No. 212 of 2002, with registration number 59271. The bank started operations on 28th July 2009. Its shareholding structure comprises 97% Government and 3% private individuals and entities. Women entrepreneurs sent their request to the government of Tanzania requesting an establishment of an institution that would understand the special and unique challenges which women face when accessing banking services. Also the establishment would be an opportunity for the bank to become a dominant Tanzanian player in this sector. FOCUS TWB is committed to expand its focus to Group Microfinance, to segments of individual microfinance, Small and Medium Enterprises with more emphasis on women customers. In light of this, TWB products have been tailored to accommodate even those that are rejected by other financial service institutions and hence marking the difference between us and others. The TWB products cater for all classes of clients. Hence making it “THE ONLY BANK FOR ALL”

51 to 200 staff

Access Bank Tanzania Ltd

History was made with the official launch of BancABC's transformation into Access Bank Tanzania. This milestone not only strengthens our presence in the East African region but also enables us to deliver modern financial services to Tanzanians. Together, we will continue to drive economic growth and social development, with a strong focus on gender equality and empowering Tanzanians. Access Bank, a wholly owned subsidiary of Access Holdings Plc, is a leading full-service commercial bank operating through a network of over 700 branches and service centers across three continents, 23 countries, and serving over 60 million customers. The bank employs more than people across its operations in Africa and Europe, with representative offices in China, Lebanon, India, Hong Kong, and the UAE. The parent company, Access Holdings Plc, has been listed on the Nigerian Stock Exchange since 1998. It is a specialized financial institution with a vast customer base, advanced digital platforms, and significant expertise in corporate accounts, risk management, and capital management capabilities. The bank serves its diverse markets through three main business segments: investment, corporate accounts, and personal accounts. Over the past 22 years, Access Bank has achieved one of the most remarkable growth trajectories in Africa, becoming one of the continent's largest retail banks. As part of its growth strategy, Access Bank is committed to sustainable business practices, striving to foster profitable, environmentally responsible, and socially uplifting economic growth, helping its customers achieve more and fulfill their dreams.

201 to 500 staff

China Dasheng Bank Limited

China Dasheng Bank Limited was incorporated as a private limited liability company under the Tanzanian Companies Act, 2002 on 1 March 2017 and issued with a certificate of registration number 133554. Bank of Tanzania (BOT) issued a provisional license to China Dasheng Bank on 25 November 2017 that granted approval to carry out banking business as a commercial bank subject to fulfillment of the conditions set forth by the BOT. The Bank was then issued with a permanent banking business license number by the Bank of Tanzania on 8 November 2018 and started banking operations on 26 November 2018. Website https://chinadashengbank.co.tz/ Industry Banking Products Internet Banking https://ib.cdbbank.co.tz/Retail/#/landing

11 to 50 staff

Bank Of Baroda Tanzania

Bank of Baroda (Tanzania) entered Tanganyika way back in 1956 and remained till nationalization of financial institutions up to February 1967. The Bank had three branches in Dar es Salaam, Mwanza and Moshi at the time of nationalization under Arusha declaration. The Bank is providing full fledge banking operation and serving the people in all walks of life. We have financing products for businessmen, traders, manufacturers, retailers, individuals, employees of well established companies, institutions, Government departments, SME etc.

11 to 50 staff

Bankable Tanzania

In a continuous effort to solve the growing structural NPL problem, Bankable is committed to bridge the information asymmetry and the sharp principal agent divide that currently exists in the market between borrowers and lenders. We assist our clients in procuring and managing financial instruments,structuring strategy and operations, training and sourcing personalities and skills and any stakeholder support related to developing financial services industry. With over 50 years of collective experience in banking industry,we leverage our knowledge, network and relationships to assist our clients to share deeper relevant insights of their businesses with banks and in the process saving them time, costs, and any unwarranted economic rents. Our involvement as the “Banking Firm” frees our clients to concentrate on what they do best and that is on their business operations, fulfilling their growth ambitions.

1 to 10 staff

Exim Bank Tanzania Limited

Exim Bank, a Tanzanian bank established in August 1997, continues to remain at the forefront of providing quality banking services in across four countries. Within a span of 26 years of its existence, the Bank has built strong brand equity through its geographical reach, innovative products, relationship management, and ability to provide a faster turnaround in services; and in the process building a loyal customer base. Exim Bank has over the years expanded its presence across the length and breadth of the Country, including some at the semi-urban centers. The bank has a presence across Dar es Salaam (15), Zanzibar (2), Tanga, Morogoro, Kilimanjaro, Arusha (3), Manyara, Mwanza, Shinyanga, Kigoma, Iringa, Mbeya, Mtwara and Dodoma regions in Tanzania, besides its Regional presence in Union of Comoros (6 branches across all 3 islands), Republic of Djibouti (5) and Republic of Uganda (5), making a total of 45 branches and over 70 ATMs across the group – an unmatched international presence from an indigenous bank.

501 to 1000 staff

I&m Bank T Ltd

I&M Bank Group traces its roots to Investments & Mortgages Limited, a financial services company started by our Chairman Sarit S Raja Shah’s father SBR Shah in 1974 which operated out of Nairobi’s Koinange Street at the site where the current 16-storey I&M Bank Tower was built later. I&M Bank (T) Ltd came into operation in 2010 when I&M Bank acquired CF Union Bank which had been operating in Tanzania since 2001.

51 to 200 staff

Letshego Faidika Bank

Letshego Faidika Bank (T) Ltd. is a subsidiary of Letshego Holding Limited (LHL), licensed by the central bank of Tanzania (BOT) to operate as a commercial bank. The bank provides suitable and sustainable financial solutions in education, health, housing, and SME’s ecosystems. Integrated countrywide via branch network, mobile banking, agency banking, and ATMs.

51 to 200 staff

International Commercial Bank Tanzania Limited

Commercial Bank in Tanzania

51 to 200 staff

Access Microfinance Bank

Access Microfinance Bank Tanzania Ltd is a financial institution company located along New Bagamoyo Raod opposite Makumbusho Village Museum, Dar es Salaam, Tanzania, United Republic of.

201 to 500 staff

Gtbank Tanzania

51 to 200 staff

Tanzania Commercial Bank

Tanzania Commercial Bank is a public institution where the Government of the United Republic of Tanzania is a majority shareholder with minority stakes held by the Tanzania Posts Corporation, the Revolutionary Government of Zanzibar, Posta na Simu Savings and Credit Society, Public Service Social Security Fund and Workers Compensation Fund.

1001 to 5000 staff

Bancabc Tanzania

OUR PEOPLE, OUR SOURCE OF FRESH THINKING AND SMART BANKING The Bank commenced operations in 1996 as an asset financing institution under the joint ownership of CDC Capital Partners (CDC), International Finance Corporation (IFC), TDFL and the Union Dominions Corporation (UDC). Following the merger of UDC with First Merchant Bank and BARD Investment Services, and the subsequent re-branding as African Banking Corporation, ABC Holdings Limited (ABCH) listed on the Botswana (primary) and Zimbabwe (secondary) Stock Exchanges. The Bank in Tanzania was granted full commercial banking status by the Bank of Tanzania in 2002. In 2004, the ABCH Group successfully concluded the acquisition of a 68% interest in Tanzania Development Finance Company Ltd (TDFL) from the existing international shareholders, i.e. IFC, CDC, DEG, FMO and EIB. The Government of Tanzania has remained a key shareholder (32%) in TDFL. The operations of Capital Finance Limited, the operating arm of TDFL were merged with the Bank. BancABC operated as a merchant bank since 2002 and introduced retail banking operations in 2008. The Bank opened its first branch in March 2010 and aims to rollout more branch outlets in various parts of the country. BancABC now offers a full bouquet of banking services for its corporate and personal customers.

201 to 500 staff

Mkombozi Commercial Bank

Mkombozi Commercial Bank Plc (MKCB) was found in 2009 by Roman Catholic Church and its Institutions. The bank was established as a local initiative to support the emerging small medium and large Tanzanian businesses for provision of financial services. In order to strengthen the financial position of the bank, the founder members invited local individuals to join hands. The bank’s target markets are small and medium sized entrepreneurs, companies and SACCOS.

201 to 500 staff

Yetu Microfinance Bank Plc

Yetu Microfinance bank is dedicated to provide financial services to the unbanked and under banked people of Tanzania. Yetu Microfinance bank was born out of the transformation of Youth Self Employment Foundation (YOSEFO), an NGO which was established in 1997 and successfully managed microfinance business on a sustainable basis VISION To become a market leader in Microfinance, branchless banking and mobile banking in offering simple, innovative and value added products and services to the Micro and Small enterprises and the general public. MISSION To help in improving access to finance, provide exceptional value to our clients and expand economic opportunities for people of Tanzania We will also provide exciting and challenging career opportunities to our employees and create and enhance value for our shareholders.

201 to 500 staff

Sps Cash Handling Equipments And Solutions

SPS Supplies ltd (SPS) provides comprehensive range of cash handling equipment and Solutions, which includes Hyosung Innovue ATM’s (Cash Dispensers and Deposit/Recycling systems, TCR), Multivendor ATM Maintenance (NCR, Diebold Nixdorf, Hyosung) Services and Giesecke+Devrient Banknote Processing Machines (Banknote Counters, Sorters, CDM).

1 to 10 staff

Finca Microfinance Bank Tanzania

FINCA Microfinance Bank(TZ) is part of Global FINCA Microfinance Banks operating in 20 African countries. FINCA Microfinance Bank Tanzania offers access to basic financial resources that can change one's life, sustain communities and fight poverty enabling the low income entrepreneurs, small business owners and other public individuals ta have what it takes to grow and attain their dreams.

501 to 1000 staff

The People's Bank Of Zanzibar Limited

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

201 to 500 staff

Akiba Commerical Bank

Akiba Commercial Bank Plc (ACB) commenced banking operations in August 1997 as an initiative of over 300 Tanzanian entrepreneurs.

201 to 500 staff

Hoscoo Open Banking

Hoscoo is a global payment method. We link the world’s top brands with millions of consumers who instantly transfer, pay, and get refunded in the most secure and convenient way. We forged a path for Open Banking, leading from the front to create a world-class platform where we innovate beyond the sector we inspired. We handle the entire payment journey at an unmatched scale, transforming the performance and experience of payments for merchants,consumers,fintech & banks. We are a licensed Payment Institution under the second payment services directive (PSD2). We operate under the supervision of the Financial Authority in Europe & Bank of Tanzania BOT. In Tanzania, we are regulated as international payment gateway. Read more about Hoscoo, the modern way to pay now, at

51 to 200 staff

Kilimanjaro Co-Operative Bank

Kilimanjaro Cooperative Bank exists to provide efficient and appropriate financial and other services to co-operatives and their surrounding community in its area of operation.

51 to 200 staff

Ubl Bank Tanzania Limited

A wholly owned subsidiary of United Bank Limited.

11 to 50 staff

Mwanga Hakika Bank

Defining tomorrow today

51 to 200 staff

Tanzania Commercial Bank

Tanganyika Postal Office Savings Bank (TPOSB) now Tanzania Commercial Bank came into being in 1925 when Tanganyika was under British Rule. It later became a Savings Bank under the then East African Post and Telecommunications which ceased to operate after the collapse of the East African Community. The Tanzania Posts & Telecommunications Corporation (TP & TC) came into being to cater for the Tanzanian market. TPB was formed from the now defunct TP & TC. TPB was established by the Tanzania Postal Bank Act No. 11 of 1991. On Monday the 29th of June 2015, the Parliament of the United Republic of Tanzania repealed the Act and on the 29th of March 2016 the bank was incorporated under the Companies Act (Cap 212) as TPB Bank PLC. On Thursday 19th January 2017, the bank unveiled it’s the name TPB Bank PLC to the public as well as its new logo and tagline (Grow with us). On the 14th July 2021 the bank changed its name to Tanzania Commercial Bank Plc with a tagline ‘Growing stronger together

1001 to 5000 staff