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TIB Corporate Finance Limited - A short term financing institution, serving large corporate clients, both public and private, in support of the functions of the DFI. TIB Rasilimali Limited - A registered brokerage company, wholly owned by the Government of Tanzania , that purchases and sells corporate bonds on the Dar es Salaam Stock Exchange .
Bank of Baroda Tanzania Limited; Bank of India (Tanzania) Canara Bank Tanzania Limited; China Dasheng Bank Limited; Citibank Tanzania; CRDB Bank; DCB Commercial Bank [5] Diamond Trust Bank Tanzania; Ecobank Tanzania; Equity Bank (Tanzania) Exim Bank (Tanzania) GTBank Tanzania [6] Habib African Bank; I&M Bank (Tanzania) [7] ICBank Tanzania; KCB ...
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).
BBTL is involved in all aspects of commercial banking, including serving large corporations, small and medium enterprises, and individuals. BBTL is a subsidiary of the Bank of Baroda (BoB), an international bank with headquarters in Mumbai, India. [3] As of 31 December 2017, BBTL had assets valued at TSh 170 billion (approx. US$76 million). [2]
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, 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.
Absa Bank Tanzania Limited (ABT), formerly Barclays Bank Tanzania Limited, is a commercial bank in Tanzania and a subsidiary of South Africa-based Absa Group Limited. ABT is licensed by the Bank of Tanzania , the country's central bank and national banking regulator.
The bank focuses on meeting the banking needs of large corporations, diplomatic missions, non-governmental organizations, and high-end private clients. As of December 2015 [update] , the bank's total assets were valued at TZS:462.2 billion (approximately US$204 million), with shareholders equity of TZS:43 billion (US$19 million).
During 2010, the Tanzanian subsidiary successfully re-branded to NIC Bank Tanzania. [8] [9] Commercial Bank of Africa was founded in 1962 in Dar es Salaam. Branches were soon opened in Nairobi and Mombasa, Kenya and in Kampala, Uganda. When Tanzania nationalized private banks in 1967, the bank moved its headquarters to Nairobi.