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

Bank Type Title Name
Commercial Banks: 36      
Absa Bank Commercial Bank MD/CEO Abdi Mohamed
AccessBank Commercial Bank CEO Julius Ruwaichi
Akiba Commercial Bank (ACB) Commercial Bank MD Augustine Akowuah
Amana Bank Commercial Bank MD Idrish Rashidi
Azania Bank Commercial Bank MD Charles Jackson Itembe
Bank of Africa (BOA) Commercial Bank MD/CEO Joseph Iha Wanje
Bank of Baroda Commercial Bank MD Rajendra Mohrir
Bank of India Commercial Bank MD Ashwani Kumar Negi
Canara Bank Commercial Bank CEO Hathibelagal Seshagiridas
China Dasheng Bank Commercial Bank MD Hussein Khamis
Citibank Commercial Bank MD/CEO Omar Hafeez
Commercial Bank of Africa (CBA) Commercial Bank CEO Gift Shoko
CRDB Bank Commercial Bank MD/CEO Abdulmajid Mussa Nsekela
DCB Commercial Bank Commercial Bank MD Godfrey Ndalahwa
Diamond Trust Bank (DTB) Commercial Bank CEO Viju Cherian
Ecobank Commercial Bank MD Charles Asiedu
Equity bank Commercial Bank MD Robert Gatimu Kiboti
Exim Bank Commercial Bank CEO Jaffari Matundu
First National Bank (FNB) Commercial Bank CEO Warren Adams
Guaranty Trust Bank (GTBank) Commercial Bank MD Jubril Adeniji
Habib African Bank Commercial Bank MD Shaheen Hasan Rizvi
I&M Bank Commercial Bank CEO Baseer Mohammed
International Commercial Bank (ICB) Commercial Bank CEO Villy Vellayappan
KCB Bank Commercial Bank MD Cosmas Kimario
Letshego Bank Commercial Bank CEO Andrew Tarimo
Mkombozi Commercial Bank Commercial Bank MD Respige Kimati
Mwalimu Commercial Bank Commercial Bank CEO Richard Louis Makungwa
National Bank of Commerce (NBC) Commercial Bank MD Theobald Sabi
National Microfinance Bank (NMB) Commercial Bank CEO Ruth Zaipuna
NIC Bank Commercial Bank MD Margaret Karume
Peoples’ Bank of Zanzibar Commercial Bank MD Juma Hafidh
Stanbic Bank Commercial Bank CEO Kevin Wingfield
Standard Chartered Bank Commercial Bank CEO Sanjay Rughani
TIB Corporate Bank Commercial Bank CEO Frank Nyabundege
TPB Bank Commercial Bank CEO Sabasaba Moshinghi
United Bank for Africa (UBA) Commercial Bank MD/CEO Kingsley Ulinfun
Community Banks: 5      
Kilimanjaro Cooperative Bank Community Bank CEO Elizabeth Makwabe
Maendeleo Bank Community Bank MD Ibrahim Mwangalaba
Mufindi Community Bank (MuCoBa) Community Bank GM Phlip Raymond
Tandahimba Community Bank Community Bank GM Steven Mugwagi
Uchumi Commercial Bank Community Bank MD Angela Moshi
Microfinance Banks: 4      
Finca Microfinance Bank Microfinance Bank CEO Edward Talawa
Mwanga Hakika Microfinance Bank Microfinance Bank MD Jagit Singh
VisionFund Tanzania Microfinance Bank Microfinance Bank CEO Joyce Temu
Yetu Microfinance Bank Microfinance Bank MD Altemius Millinga
Development Banks: 2      
TIB Development Bank Development Bank MD Charles Singili
Tanzania Agricultural Development Bank (TADB) Development Bank MD Japhet Justine
Mortgage Banks: 2      
First Housing Company Tanzania Mortgage Bank CEO Sasa M. Chonza
Tanzania Mortgage Refinance Company Mortgage Bank CEO Oscar Mgaya

Given Edward, the founder of Jobs in Tanzania, is dedicated to assisting novices, entrepreneurs, and small business owners in starting, managing, and developing their businesses.

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