THE TOP TEN [10] LIST OF COMMERCIAL BANKS IN TANZANIA 2024
THE GENERAL OVERVIEWS
Its found most of related searches like Top 10 best commercial bank in tanzania , list of banks in tanzania ,international banks in tanzania ,list of commercial banks in tanzania ,commercial banks in tanzania pdf ,list of banks in tanzania and their contacts together with most profitable bank in tanzania . Before all lets check the meaning of the word “Banks” , A Bank is a financial Institution that is designed and have mandate to accept checking and deposit money as well as to provide loans to the Customers ,In Tanzania we have a varieties of banks which are Retails Banks , Commercial Banks , Investments banks and Central banks but In this articles talks more about the Commercial banks in Tanzania.
A part from the most famous activities done by banks the savings and Withdraw , Banks also provides various services like Certificate of deposit , Safe deposit boxes ,Currency Exchange and also Individual retirements Accounts . The presence of various types of banks in Tanzania shows the positive indicator that Tanzania is gone beyond Economically , Therefore our team is being deeper with searching all Commercial banks found in Tanzania and listing in below articles in order to make Customer knowing various commercial banks . Check all list below :-
BANK NO 1. CRDB BANK
Is the largest commercial banks found in Tanzania in which its main head quarter is at Dar es salaam region , The banks was established in 1996 and Currently CRDB Banks Achieve a huge financial and Operational Success and now are becoming the best partiner of Providing financial Services in Tanzania.
For more Information about CRDB BANK just visit on :-
BANK NO 2. NMB BANK
NMB Bank also seem to be best banks in Tanzania of providing various financial Services like loan ,deposit and withdraw from that factor the CRDB Banks is taken as best bank because it keep up to meet the Customer requirements.
For more Information about NMB BANK just visit on :-
BANK NO 3.NATIONAL BANK OF COMMERCE (NBC)
NBC is the oldest serving bank in Tanzania with over five decades of experience. The NBC bank offer a range of retail, business, corporate and investment banking, wealth management products and services.
For more Information about NBC BANK just visit on :-
BANK NO 4. STANBIC BANK TANZANIA
Stanbic Bank Tanzania is part of Africa’s largest banking group by assets, Standard Bank Group. The Stanbic Bank operation’s in Tanzania empower the financial success of both the people and businesses that bank with Stanbic.
For more Information about STANBIC BANK TANZANIA just visit on :-
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BANK NO 5. EXIM BANK TANZANIA
Exim Bank is one of the leading financial services providers in 4 countries and Tanzania’s first international bank.The Bank’s operations span Dar es Salaam, Zanzibar, Tanga, Morogoro, Kilimanjaro, Arusha, Manyara, Mwanza, Shinyanga, Kigoma, Iringa, Mbeya and Mtwara regions in Tanzania.
For more Information about EXIM BANK TANZANIA just visit on :-
BANK NO 6. AZANIA BANK
Azania Bank is a commercial bank offering a range of banking services in which the customers can open current accounts and various savings accounts for SMEs, children and students as well as offers a wide range of loan products, such as business loans, consumer loans and mortgage facilities .
For more Information about AZANIA BANK just visit on :-
BANK NO 7. DCB COMMERCIAL BANK
DCB Commercial Bank is a commercial bank in Tanzania which offers banking services to Individuals, Small to Medium sized Businesses, as well as large corporate clients.
For more Information about DCB COMMERCIAL BANK just visit on :-
BANK NO 8. BANK OF AFRICA TANZANIA
Bank of Africa Tanzania is the commercial banks as well as is the part of the Bank of Africa Group which termed as a leading financial institution in Africa.
For more Information about BANK OF AFRICA TANZANIA just visit on :-
BANK NO 9. TPB BANK
TPB Bank became a Savings Bank under the then East African Post and Telecommunications which ceased to operate after the collapse of the East African Community.
For more Information about TPB BANK just visit on :-
BANK NO 10. AKIBA COMMERCIAL BANK
Akiba Commercial Bank Plc commenced banking operations in August 1997 as an initiative of over 300 Tanzanian entrepreneurs who were inspired to move into micro-finance, by the moral and economical concern for the plight of millions of Tanzanians.
For more Information about AKIBA COMMERCIAL BANK just visit on :-
In conclusion, the top 10 commercial banks in Tanzania play big role in driving the country's economic growth because of new Innovation of Services within banks so this acting as positive Outcome in Tanzania .
SOME IMPORTANT ASKED QUESTIONS
What is the interest rate for CRDB in Tanzania?
The CRDB Bank interest rate is 16% p.a. The maximum loan duration is 84 months.
Who is the owner of CRDB in Tanzania?
The major shareholders in CRDB Bank Plc are DANIDA Investment fund and PSSSF Pension fund. CRDB Bank is also owned by members of the public.
How many CRDB branches are there in Tanzania?
CRDB Bank offers a wides range of Corporate, Retail, Business, Treasury, Premier, and wholesale Microfinance services through a network of 260 branches, 551 ATMs, 18 Depository ATMs, 12 Mobile branches and 1184 Point of Sales terminals.
What is the most profitable bank in Tanzania?
NMB Banks is the most profitable bank In Tanzania .