Tanzania Bank Launches Deposit ATMs

In an effort to improve customer service, the National Bank of Commerce (NBC) has announced the launch of deposit taking Automated Teller Machines (ATMs) at various branches across Tanzania.

According to the Head of Digital and Alternative Channels for the NBC, Raymond Mutagahywa, the new network of ATMs will be available at locations in Kariakoo, Kinondoni, Mlimani City and at Corporate Branches in the Dar es Salaam region.

“The introduction of these ATMs will ensure that our customers enjoy the convenience of being able to deposit cash into their accounts through our network of deposit taking ATMs,” he said, “The deposit taking ATMs are fast, easy, convenient and real time.”

Customers can deposit as much as TZS 1.5 million per person at the four locations with plans for the bank to launch additional locations in 2015.

The NBC has been in the market for more than 45 years and currently serves approximately 48 million customers and clients worldwide in personal, corporate, business and investment banking as well as wealth management.

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
Related Posts
Central Bank of Tanzania BOT CBR Interest Rate Q2 2026
Read More

BOT Keeps Tanzania Central Bank Rate at 5.75% for Q2 2026; GDP Growth Reached 6.2% in Q1 2026, Driven by Construction, Agriculture, Financial Services, and Tourism

The Bank of Tanzania (BOT) recently released its Monetary Policy Report of April 2026, in which it indicates that the Monetary Policy Committee (MPC) decided to keep the Central Bank Rate (CBR) at 5.75% in Q2 2026. The decision reflects a cautious policy stance aimed at balancing the risks to inflation and economic growth outlook, in the face of the current unprecedented geopolitical tensions in the Middle East.
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%.