List of Commercial Banks in Tanzania

The commercial banks in Tanzania are regulated by the Bank of Tanzania, the country’s central bank and financial authority. Tanzania’s banking system includes a wide range of domestic and international institutions offering personal, business, Islamic, and digital banking services. The sector is supported by development banks, microfinance institutions, and non-bank financial providers working to deepen financial inclusion.

Table of Contents

With both state-owned and private-sector players, the commercial banks in Tanzania contribute to national development through lending, savings, digital finance, and infrastructure investment. Below is a comprehensive list of licensed institutions operating in the country.

✅ Commercial Banks in Tanzania

1. Absa Bank Tanzania Ltd – Part of the Absa Group, offering personal, SME, and corporate banking.
2. Access Bank Tanzania Ltd – A subsidiary of Access Bank Group, focused on SME growth and digital banking.
3. Akiba Commercial Bank Plc – Provides micro and retail banking services with a focus on underserved communities.
4. Amana Bank Ltd – Specializes in Sharia-compliant Islamic banking.
5. Azania Bank Plc – State-owned bank offering retail and institutional banking.
6. Bank of Africa Tanzania Ltd – Part of Bank of Africa Group, serving businesses and individuals.
7. Bank of Baroda Tanzania Ltd – Indian-owned bank supporting trade, savings, and loans.
8. Bank of India Tanzania Ltd – Offers trade and business banking services.
9. Canara Bank Tanzania Ltd – Indian bank serving individuals and corporates.
10. China Dasheng Bank Ltd – Focused on bilateral business finance and personal banking.
11. Citibank Tanzania Ltd – Part of Citigroup, offering corporate and investment banking.
12. CRDB Bank Plc – One of Tanzania’s largest banks, with extensive branch and agency networks.
13. DCB Commercial Bank Plc – A commercial bank offering savings, loans, and digital platforms.
14. Diamond Trust Bank Tanzania Plc – Part of DTB Group, offering retail and SME banking.
15. Ecobank Tanzania Ltd – A pan-African bank focused on digital and trade finance.
16. Equity Bank Tanzania Ltd – Subsidiary of Equity Group, providing inclusive and mobile-first banking.
17. Exim Bank Tanzania Ltd – Locally founded bank with broad commercial services.
18. Guaranty Trust Bank Tanzania Ltd – Member of the GTCO Group, offering retail and corporate solutions.
19. Habib African Bank Ltd – Part of Habib Bank Group, with a focus on trade finance.
20. I&M Bank Tanzania Ltd – Offers personal, SME, and corporate banking services.
21. International Commercial Bank Tanzania Ltd – Serves both retail and institutional clients.
22. KCB Bank Tanzania Ltd – Affiliated with Kenya’s KCB Group, providing regional banking services.
23. Letshego Faidika Bank Tanzania Ltd – Focused on micro and inclusive lending.
24. Mkombozi Commercial Bank Plc – Provides retail and SME banking services.
25. Mwalimu Commercial Bank Plc – Tailored for teachers and civil servants.
26. Mwanga Hakika Bank Ltd – Offers both traditional and digital banking services.
27. National Bank of Commerce Ltd – One of the oldest banks in the country, offering a wide range of services.
28. NCBA Bank Tanzania Ltd – Part of NCBA Group, focused on digital banking and asset financing.
29. NMB Bank Plc – One of Tanzania’s largest retail banks with a strong rural presence.
30. People’s Bank of Zanzibar Ltd – Offers services to both Zanzibar and mainland customers.
31. Stanbic Bank Tanzania Ltd – A member of Standard Bank Group, offering personal and investment banking.
32. Standard Chartered Bank Tanzania Ltd – Global bank focusing on international clients and corporates.
33. Tanzania Commercial Bank Plc – State-owned bank serving public and private sector clients.
34. United Bank for Africa Tanzania Ltd – Part of UBA Group, offering pan-African banking solutions.

✅ Development Finance Institutions

Tanzania Agricultural Development Bank – Supports farmers and agribusinesses.
TIB Development Bank – Finances long-term industrial and infrastructure projects.