The Latest

NBC Tanzania Launches Private Banking Unit

September 3, 2013
1 minute read

At the an event held in Dar es salaam NBC Tanzania, among the largest bank in the country, officially launched its private banking unit.

The event was held at NBC first private banking branch at Coco House in Dar es Salaam.

In her introductory speech Mrs Mizinga Melu, the newly appointed Managing Director and Chief Executive office of the bank, highlighted that this branch will remain open up to late hours during the week and will be open on week-end, Sunday included

She also announced that this is one of the many private banking branches that NBC plans to open.

Among the special services provided there will be forex preferential rates, and other benefits.

Want to know more about Banking in Tanzania? Our free Tanzania Business and Investment Guide 2026 covers Banking, plus regulations, key sectors, and investment opportunities — all in one place.

Download Free Guide
Tweet
Share
Share
Share
Related Posts
Tanzania banking sector performance Q1 2026
Read More

Tanzania Banking Sector Q1 2026 Performance: Net Profit Up 16% to TZS 671 Billion, Top Five Banks Hold 60–65% of Assets

Tanzania's banking sector recorded net profit after tax of TZS 671 billion in Q1 2026, up 16% from TZS 580 billion in Q1 2025, on total assets of TZS 84.6 trillion, according to AML Finance Limited. CRDB profit rose 19% to TZS 206 billion and NMB reached TZS 193 billion, while the top 5 banks now hold 60–65% of total sector assets, with average ROE at 10.6% and NPL at 6.5%.
TANZANIA BOT NON-INTEREST ISLAMIC BANKING REGULATIONS
Read More

Tanzania Issues New Regulations for Islamic Banking Operations

The Bank of Tanzania (BOT) has issued new regulations establishing a comprehensive legal framework for Islamic banking and non-interest banking windows in Tanzania. The rules cover licensing, governance, Shari’ah compliance, financing structures, disclosure, and treatment of non-permissible income.