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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. [1]
NMB Bank Plc; National Bank of Commerce Ltd; 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 ...
Following the break-up of the old National Bank of Commerce in 1997, by act of Parliament, three new entities were created: (a) NBC Holdings Limited (b) National Bank of Tanzania (1997) and (c) National Microfinance Bank (NMB). Initially NMB could only offer savings accounts, with limited lending capabilities.
CRDB Bank; Diamond Trust Bank (Tanzania) Limited; Ecobank; Exim Bank (Tanzania) FBME Bank; HBL Pakistan; I&M Bank (Tanzania) International Commercial Bank; KCB Tanzania; Mkombozi Commercial Bank; National Bank of Commerce (Tanzania) National Microfinance Bank; NIC Bank Tanzania; People's Bank of Zanzibar; Stanbic Bank; Standard Chartered Bank ...
This page was last edited on 18 January 2020, at 21:13 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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 National Bank of Commerce (NBC), National Micro Finance Bank (NMB), Tanzania Postal Bank, Akiba Commercial Bank, Access Bank, Azania Bank, and Efatha Bank Ltd. are the main financial institutions with services in the Municipality. Some loan facilities established by the Kinondoni Municipal Council are geared toward women and young people.
In 2018, BAG re-branded to Absa Group Limited.Under the terms of that re-brand, Absa has until June 2020 to change the names of its subsidiaries in 12 African countries. [12] In Tanzania, the re-brand concluded on 11 February 2020, when both the bank's legal and business names became Absa Bank Tanzania Limited. [13]