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Stanbic Bank Launches New Branch In Dar Es Salaam Peninsula

March 6, 2017
1 minute read
Ashatu Kijaji Hatibu Senkoro and Ken Cockerill

Tanzania’s Deputy Minister of Finance and Planning, Dr. Ashatu Kijaji (centre), Stanbic Bank Tanzania Board Chairman Hatibu Senkoro (left) and the bank’s Chief Executive Ken Cockerill unveil a plaque to signify the launch of the bank’s new full-service Peninsula branch in Dar es Salaam recently.

The new branch, which takes Stanbic Bank’s total branch count to 8 across the country, will offer among other products and services, a dedicated best-in-country private banking suite, forex facilities and a real-time cash deposit ATM that will provide customers the liberty to deposit up to TZS 2,000,000 at a time.

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.

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