The Latest

Stanbic Bank Celebrates Customer Service Week Thanking Them

October 11, 2018
1 minute read
Stanbic bank Tanzania Customer Care Week
Aisha Sykes, Stanbic Bank customer, thanking her banker Mr. Fredrick Mushi after receiving a note of thanks and appreciation for being a client. Stanbic Bank took this week to award their clients with gifts and thank you notes in celebration of the customer service week.

Stanbic Bank extended Thank you notes and gifts to their customers in celebration of the
Customer Service Week that took place in all their branches to acknowledge their customers for choosing to bank with them.

Elikaneny Ulotu Stanbic Tanzania
Stanbic Bank Customer Consultant, Elikaneny Ulotu delivering a thank you note to one of our clients expressing her appreciation for banking with Stanbic during the customer service week celebration at Centre Branch.
Stanbic Bank Centre Branch Manager, Mr. Adelhem Msiagi giving a customer a personal Thank you note to thank him for choosing to bank with Stanbic.
Stanbic Bank customer, Ruth Bura known for her love of Champagne, ecstatic to receive a Champagne bottle from her banker Edward Nyerere during the bank’s celebration of customer service week at Centre Branch.
Stanbic Bank Customer, Ruth Bura popping up her bottle of Champagne with Stanbic Bank staff Edward Nyerere (L), Jacqueline Michael (R) and Elikaneny Ulotu (2 nd L) at Stanbic Bank Centre Branch in celebration of the customer service week at Centre branch.

Want to know more about Banking in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers Banking, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

Download Free OverviewGet the Full Edition for Free
Tweet
Share
Share
Share
Related Posts
Tanzania banking sector performance H1 2026
Read More

Tanzania Banking Sector H1 2026 Performance: Profit Up 13% to TZS 1.38 Trillion, Assets Reach TZS 91.3 Trillion

Tanzania's banking sector recorded net profit after tax of TZS 1.38 trillion in H1 2026, up 13% from H1 2025, on total assets of TZS 91.3 trillion. CRDB Bank Plc (DSE: CRDB) profit rose 20% to TZS 416.9 billion and NMB Bank Plc (DSE: NMB) reached TZS 405.8 billion, while eleven banks with assets above TZS 2 trillion held 84.4% of sector assets, with average ROE at 12.5% and NPL at 4.7%.
Axian Acquisition Letshego Bank Tanzania
Read More

Yas Owner Axian To Acquire 100% Of Tanzanian Lender Letshego Faidika Bank

Axian, the group behind Yas mobile operator, is acquiring 100% of Letshego Faidika Bank Tanzania, a licensed Tier II commercial bank, with the transaction now under review by the country's Fair Competition Commission. The deal forms part of Letshego Africa Holdings' disposal of its Ghana, Tanzania, Nigeria, Rwanda and Uganda subsidiaries agreed on 27 April 2026, and would add a banking licence to a group that already operates the country's second-largest mobile money service.
Central Bank of Tanzania BOT CBR Interest Rate Q3 2026
Read More

BOT Raises Tanzania Central Bank Rate to 6.25% for Q3 2026; GDP Growth Estimated at 6% in H1 2026, Driven by Agriculture, Construction, Mining, and Tourism

The Bank of Tanzania (BOT) released its Monetary Policy Committee Statement of July 2026, in which it indicates that the MPC decided to raise the Central Bank Rate (CBR) from 5.75% to 6.25% for the third quarter of 2026. The decision aims to contain inflation driven by high energy, fertilizer, and transportation costs linked to the geopolitical conflict in the Middle East.
Bank of Tanzania Financial Stability Index 2014-2025
Read More

Tanzania Banking Assets Up 23.8%, Capital Markets Up 35.1%, Social Security Up 21.4%, Insurance Up 6.8% in 2025

The Bank of Tanzania Financial Stability Report for 2025 shows banking sector total assets grew 23.8% to TZS 76,975 billion, private sector credit expanded 23.5% with mining up 30.1% and trade up 29.4%, and the non-performing loans ratio fell to 2.8%, the lowest in the East African Community. Total capital market investment rose 35.1% to TZS 63,096.4 billion, social security assets grew 21.4% to TZS 25,921 billion, insurance assets rose 6.8% to TZS 2,633.6 billion, and foreign reserves stood at USD 6,312 million covering 5.2 months of imports.

Want to know more about investing in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the economy, key sectors and investment opportunities. The complete 141-page edition, which includes policies, taxation, key regulations, full macroeconomic data and sources, is also available at no cost upon completion of a short form.

Download Free Overview Get the Full Edition for Free