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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).
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 ...
The headquarters and main branch of CBA Tanzania Limited are located at Amani Place, along Ohio Street, in Dar es Salaam, Tanzania's largest city and financial capital. [5] The geographical coordinates of the bank's headquarters are: 06°48'42.0"S, 39°17'15.0"E (Latitude:-6.811667; Longitude:39.287500).
In 2018, the Bank of Tanzania merged Twiga Bancorp and Tanzania Women's Bank into Tanzania Postal Bank due to their poor performance. In June 2020, the central bank merged TIB Commercial Bank Limited into TPB. The merger is set to bring the total assets of the bank to over 1 trillion Tanzanian Shillings. [8]
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.
The bank is a member of the Bank of Africa Group, a multinational, Pan African bank headquartered in Bamako, Mali, with presence in 18 countries, across a network of 16 commercial banks, one financial corporation, one banque de l’habitat, one brokerage firm, two investment companies, one asset management company and one Group representative office in Paris.
The headquarters and main branch of Barclays Bank of Tanzania Limited are located in Barclays House, along Ohio Street, in the city of Dar es Salaam, the financial capital and largest city of Tanzania. [4] The geographical coordinates of the bank's headquarters are: 06°48'40.0"S, 39°17'12.0"E (Latitude:-6.811111; Longitude:39.286667). [5]
In February 1967, the bank was nationalized. [3] [4] In October 2004 BBTL was re-established as a subsidiary of BoB, with a single branch in Dar es Salaam. [4] Three years later, in August 2007, a second branch was established in Arusha, with the third branch following in Dar es Salaam in June 2013 and the fourth branch in Mwanza in July 2014. [3]