List Of Microfinance In Tanzania

List Of Microfinance In Tanzania

Microfinance is a banking service provided to low-income individuals or groups who otherwise would have no other access to financial services. Microfinance allows people to take on reasonable small business loans safely, in a manner that is consistent with ethical lending practices.

List Of Microfinance In Tanzania

Below is the list of Microfinance In Tanzania

  1. AccessBank Tanzania
  2. Letshego Bank Tanzania
  3. Akiba Commercial Bank
  4. Amana Bank
  5. Azania Bank
  6. BancABC
  7. Bank of Africa Tanzania
  8. Bank of Baroda Tanzania Limited
  9. Bank of India (Tanzania)
  10. Barclays Bank of Tanzania
  11. Citibank
  12. Commercial Bank of Africa (Tanzania)
  13. CRDB Bank
  14. DCB Commercial Bank[2]
  15. Diamond Trust Bank Tanzania
  16. Ecobank
  17. Equity Bank (Tanzania)
  18. Exim Bank (Tanzania)
  19. FINCA Microfinance Bank(Tanzania)
  20. First National Bank of Tanzania
  21. FBME Bank
  22. Guaranty Trust Bank (Tanzania) Limited[3]
  23. Habib African Bank
  24. I&M Bank (Tanzania)[4]
  25. International Commercial Bank
  26. Kenya Commercial Bank
  27. Mkombozi Commercial Bank[5]
  28. National Bank of Commerce (Tanzania)
  29. National Microfinance Bank
  30. NIC Bank Tanzania
  31. People’s Bank of Zanzibar
  32. Stanbic Bank Tanzania Limited
  33. Standard Chartered Bank
  34. United Bank for Africa[6][7]
  35. UBL Bank Tanzania Limited
  36. Mwalimu Commercial Bank
  37. TPB Bank Plc[8][9]
  38. TIB Corporate Bank
  39. First Housing Company Tanzania Limited
  40. China Dasheng Bank Limited

Which is the largest microfinance in Tanzania?

BRAC Tanzania Finance Limited was launched in 2007. It is the largest microfinance institution in Tanzania in terms of branch network, active borrowers, and loan outstanding.

How many microfinance institutions are there in Tanzania?

According to the latest information made available by BOT, there are in Tanzania 4 microfinance banks, (Tier 1 microfinance institutions), and 576 Tier 2 microfinance institutions.

What microfinance institutions operate in Tanzania?

These may include the CRDB, National Microfinance Bank, and AKIBA (Lindvert et al., 2018). However, there are also other banks that are concerned with microfinancing in Tanzania such as the PRIDE and SEDA, Tanzania Postal Bank, and FINCA.