Overview
NCBA Bank Tanzania is a commercial bank headquartered in Dar es Salaam, Tanzania. It operates as a subsidiary of NCBA Group Plc, a financial services conglomerate with a presence in East and West Africa. The bank offers a range of financial products and services, including personal and business accounts, loans, savings, investments, and foreign exchange solutions.
In July 2020, NCBA Bank Tanzania was formed through the merger of NIC Bank Tanzania and Commercial Bank of Africa (Tanzania). This consolidation aimed to strengthen the bank’s position in the Tanzanian market and enhance its service offerings.
The bank maintains a network of branches across Tanzania, including locations in Dar es Salaam, Arusha, Mwanza, and Zanzibar. For instance, the Amani Place Branch is situated on Ohio Street in Dar es Salaam.
NCBA Bank Tanzania is regulated by the Bank of Tanzania, ensuring compliance with national banking standards and regulations