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Commercial Bank of Africa (Tanzania) (CBAT) is a commercial bank in Tanzania. It is licensed by the Bank of Tanzania , the country's central bank and national banking regulator. [ 1 ] The bank is a subsidiary of the Commercial Bank of Africa Group and has its headquarters in Nairobi , Kenya .
In 2015 the bank management declared that the bank will list the bank on the Dar es Salaam Stock Exchange, in order to raise capital to expand and automate the companies operations. [6] On January 19, 2017, the bank officially rebranded the company and Tanzania Postal Bank Limited changed its name to TPB Bank Plc.
NCBA Bank Tanzania is a medium-sized financial services provider in Tanzania. Its total assets as of 31 December 2022 was approximately TSh 428 billion (US$183 million), with TSh 46.7 billion (US$19.9 million), in shareholders equity.
Booyoung Lao Bank September 2007 Booyoung Group [3] booyoungbank.com: Maruhan Japan Bank Lao MJB February 2013 Maruhan: maruhanjapanbanklao.com: Bank for Investment and Commerce BIC 22 June 2017 AIF Group biclaos.com: ST Bank 3 July 2009 ST Group stbanklaos.la: Subsidiary banks ACLEDA Bank Lao 26 December 2007 ACLEDA Bank: acledabank.com.la ...
Commercial Bank of Africa (Kenya): Nairobi, Kenya – 100% shareholding - A commercial bank in Kenya, serving individuals and businesses. This is the flagship company of the group. Commercial Bank of Africa (Tanzania): Dar es Salaam, Tanzania – 100% shareholding - A commercial bank in Tanzania, serving both individuals and businesses.
The bank is a small commercial bank that focuses on serving the lower social economic classes in Tanzania, along with their small-to-medium enterprises (SMEs). As of December 2018 [update] , the bank's total asset valuation was approximately TSh 178.82 billion (US$76.94 million), with shareholder's equity of approximately TSh 23.3 billion (US ...
The merger of Addis Ababa Bank with CBE made CBE the sole commercial bank in Ethiopia, with 128 branches and 3,633 employees. [6] In 1991, when Eritrea achieved its independence, the Eritrean government nationalized the branches there. In 1994 these branches formed the basis for what became the Commercial Bank of Eritrea. Also in 1994, the ...
The bank is a retail commercial bank with a specific focus on serving the poorest Tanzanians and their enterprises. It operates as a microfinance bank. As of 2019, its total assets were valued at TSh 169.4 billion (approximately US$72.64 million), with shareholders' equity of TSh 21.4 billion (approximately US$9.18 million).