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United Bank for Africa Tanzania Ltd, part of UBA Group; Ecobank Tanzania Ltd, part of Ecobank Group; Mkombozi Commercial Bank Plc; Canara Bank Tanzania Ltd; Bank of Baroda Tanzania Ltd, part of Bank of Baroda Group; Stanbic Bank Tanzania Ltd, part of Standard Bank Group; Bank of Africa Tanzania Ltd, part of Bank of Africa Group
The bank commenced business on June 12, 1990, at the Waterfront Plaza, Plot 270, Ozumba Mbadiwe Avenue, Victoria Island, Lagos. It was listed on the Nigerian Stock Exchange on June 25, 2004. [ 3 ] In October 2010, Cecilia Ibru, the former head of Oceanic Bank, was sentenced to eighteen months and ordered to forfeit over US$ 1 billion for fraud .
Ecobank, whose official name is Ecobank Transnational Inc. (ETI), is a pan-African banking conglomerate, with banking operations in 33 African countries. It is the leading independent regional banking group in West Africa and Central Africa , serving wholesale and retail customers.
Ecobank Nigeria is a member of Ecobank, the leading independent pan-African bank, headquartered in Lomé, Togo, with affiliates in West, Central and East Africa.Ecobank, which was established in 1985, has grown to a network of over 1,000 branches, employing over 10,000 people, with offices in 32 countries including Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, the Central African ...
Oceanic Bank; Société Générale ... Capitalmetriq Swift Micro finance BankMFB; ... Diamond Trust Bank (Tanzania) Limited; Ecobank; Exim Bank (Tanzania) FBME Bank ...
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).
Afriland First Bank Sao Tome e Principe, part of Afriland First Bank Group; Banco Internacional de São Tomé e Príncipe, part of CGD Group; BGFIBank Sao Tome e Principe SA, part of BGFIBank Group; Ecobank Sao Tome e Principe, part of Ecobank Group; Energy Bank Sao Tome and Principe, part of Global Fleet Group
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]