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Bank of Africa Tanzania Limited; 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 ...
When Tanzania nationalized private banks in 1967, the bank moved its headquarters to Nairobi. Following political changes in Uganda in 1971, the bank sold its assets in that country. In July 2005, the Commercial Bank of Africa (CBA) acquired majority shareholding in First American Bank of Kenya, which at the time had a Tanzanian subsidiary ...
The Tanzania Postal Bank Act No. 11 of 1991 created the bank as a separate entity from the Tanzania Posts and Telecommunications Corporation. [5] Since attaining its independence, the bank has provided services to a much larger population than before and it has begun to provide a profit to the government.
BOA Tanzania is a retail commercial bank that provides services to multinational companies, mid-size local enterprises, and small retail businesses. As of December 2019, BOA Tanzania was a medium-sized financial services provider, with total assets of TSh 564 billion (approximately US$245.4 million), with customer deposits totalling TSh 390 ...
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The bank's headquarters are located on the 16th Floor, Mwanga Tower, New Bagamoyo Road in Kijitonyama in the city of Dar es Salaam, Tanzania. The geographical coordinates of this location are:6°46'34.0"S, 39°14'39.0"E (Latitude:-6.776111; Longitude:39.244167).
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.
International Commercial Bank Tanzania Limited (ICBT), is a commercial bank in Tanzania, the third-largest economy in the East African Community. It is licensed by the Bank of Tanzania , the country's central bank and national banking regulator.