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International Commercial Bank Tanzania Ltd, part of ICB Banking Group; Azania Bank Plc, state-owned; 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 ...
The majority of modern corporate credit unions no longer perform a consumer function. [citation needed] Through the 1980s, the corporate credit union industry underwent a consolidation movement due to limited resources in the face of increasing demands or because of institution failures (ex. CapCorp, a Washington DC–based corporate credit ...
It is one of the banks licensed by the Bank of Tanzania, the national banking regulator. [1] The bank serves retail customers, corporate customer, and medium to large business enterprises. As of December 2011, it was the fifth-largest commercial bank in Tanzania, by assets, with an estimated asset base of US$793.1 million (TZS:1.24 trillion).
FBME Bank was an international commercial bank.It offered commercial banking services and products to corporate and individual clients. Its traditional banking lines included international payment services, multi-currency account, credit facilities, trade finance, forex trading facilities, internet banking and international card services.
Azania Bank is a Tier One-sized commercial bank that engages in retail banking, corporate banking, lease financing, foreign exchange transactions and import/export financing, as well the issuance of letters of credit. Following the acquisition of the assets and liabilities of Bank M, in January 2019, the total assets of Azania Bank were valued ...
As of December 2013, the bank was a mid-sized financial institution, providing banking services to individuals and businesses, with emphasis on serving medium to large corporate clients. At that time, the bank's total assets were valued at approximately TSh 296.6 billion (US$175.5 million), with shareholders' equity estimated at TSh 29.4 ...
At the end of the year in 2015, the bank had an asset base of over US$773 million (TSh 1.69 trillion) and is the fourth-best capitalized commercial bank in the country, behind National Microfinance Bank, CRDB Bank and FBME Bank. [8] At the end of 2017, Tanzania's total banking assets were valued at TSh 29.97 trillion (US$13.2 billion). [3] At ...
Exim Bank Tanzania, is the largest subsidiary of the Exim Bank Group (East Africa), a large financial services conglomerate, that maintains its headquarters in Dar es Salaam, Tanzania's largest city. Members of the banking group include: [10] Exim Bank (Tanzania) - Dar-es-Salaam, Tanzania; Exim Bank (Comoros) - Moroni, Comoros