Full List of All Licensed Banks in Tanzania 2021

A Commercial bank in Tanzania is a financial institution approved and authorized by the Central Bank Of Tanzania to accept deposits from individuals and also land them money if some certain conditions are met.


There are currently over 80+ banks in Tanzania with Government licenses. These banks are mainly grouped into commercial, non-interest, and merchant banks.

Below is a list of all the banks in Tanzania right now grouped according to their operation licences. Some of these banks currently have international Authorization while the others are only authorized to operate here in Tanzania or in specific regions.

Full List of All Licensed Banks in Tanzania 2021

Commercial Banks: 36
Absa BankCommercial BankMD/CEOAbdi Mohamed
AccessBankCommercial BankCEOJulius Ruwaichi
Akiba Commercial Bank (ACB)Commercial BankMDAugustine Akowuah
Amana BankCommercial BankMDIdrish Rashidi
Azania BankCommercial BankMDCharles Jackson Itembe
Bank of Africa (BOA)Commercial BankMD/CEOJoseph Iha Wanje
Bank of BarodaCommercial BankMDRajendra Mohrir
Bank of IndiaCommercial BankMDAshwani Kumar Negi
Canara BankCommercial BankCEOHathibelagal Seshagiridas
China Dasheng BankCommercial BankMDHussein Khamis
CitibankCommercial BankMD/CEOOmar Hafeez
Commercial Bank of Africa (CBA)Commercial BankCEOGift Shoko
CRDB BankCommercial BankMD/CEOAbdulmajid Mussa Nsekela
DCB Commercial BankCommercial BankMDGodfrey Ndalahwa
Diamond Trust Bank (DTB)Commercial BankCEOViju Cherian
EcobankCommercial BankMDCharles Asiedu
Equity bankCommercial BankMDRobert Gatimu Kiboti
Exim BankCommercial BankCEOJaffari Matundu
First National Bank (FNB)Commercial BankCEOWarren Adams
Guaranty Trust Bank (GTBank)Commercial BankMDJubril Adeniji
Habib African BankCommercial BankMDShaheen Hasan Rizvi
I&M BankCommercial BankCEOBaseer Mohammed
International Commercial Bank (ICB)Commercial BankCEOVilly Vellayappan
KCB BankCommercial BankMDCosmas Kimario
Letshego BankCommercial BankCEOAndrew Tarimo
Mkombozi Commercial BankCommercial BankMDRespige Kimati
Mwalimu Commercial BankCommercial BankCEORichard Louis Makungwa
National Bank of Commerce (NBC)Commercial BankMDTheobald Sabi
National Microfinance Bank (NMB)Commercial BankCEORuth Zaipuna
NIC BankCommercial BankMDMargaret Karume
Peoples’ Bank of ZanzibarCommercial BankMDJuma Hafidh
Stanbic BankCommercial BankCEOKevin Wingfield
Standard Chartered BankCommercial BankCEOSanjay Rughani
TIB Corporate BankCommercial BankCEOFrank Nyabundege
TPB BankCommercial BankCEOSabasaba Moshinghi
United Bank for Africa (UBA)Commercial BankMD/CEOKingsley Ulinfun
Community Banks: 5
Kilimanjaro Cooperative BankCommunity BankCEOElizabeth Makwabe
Maendeleo BankCommunity BankMDIbrahim Mwangalaba
Mufindi Community Bank (MuCoBa)Community BankGMPhlip Raymond
Tandahimba Community BankCommunity BankGMSteven Mugwagi
Uchumi Commercial BankCommunity BankMDAngela Moshi
Microfinance Banks: 4
Finca Microfinance BankMicrofinance BankCEOEdward Talawa
Mwanga Hakika Microfinance BankMicrofinance BankMDJagit Singh
VisionFund Tanzania Microfinance BankMicrofinance BankCEOJoyce Temu
Yetu Microfinance BankMicrofinance BankMDAltemius Millinga
Development Banks: 2
TIB Development BankDevelopment BankMDCharles Singili
Tanzania Agricultural Development Bank (TADB)Development BankMDJaphet Justine
Mortgage Banks: 2
First Housing Company TanzaniaMortgage BankCEOSasa M. Chonza
Tanzania Mortgage Refinance CompanyMortgage BankCEOOscar Mgaya

The information provided in this website is for general informational and educational purposes only and is not a substitute for professional advice. Accordingly, before taking any actions based upon such information, we encourage you to consult with the appropriate professionals. The use or reliance of any information contained on this site is solely at your own risk.

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