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In 2018, BAG re-branded to Absa Group Limited.Under the terms of that re-brand, Absa has until June 2020 to change the names of its subsidiaries in 12 African countries. [ 12 ] In Tanzania, the re-brand concluded on 11 February 2020, when both the bank's legal and business names became Absa Bank Tanzania Limited.
Absa Group Limited, commonly known simply as Absa and formerly the Amalgamated Banks of South Africa (ABSA) until 2005 and Barclays Africa Group Limited until 2018, is a multinational banking and financial services conglomerate based in Johannesburg, South Africa and listed on the Johannesburg Stock Exchange.
Absa Bank Limited is one of the largest commercial banks in South Africa. As of 31 December 2018, the bank's total assets were ZAR:1,289,000,000,000 (US$73,691,500,000). [2] Absa Bank Limited is a 100 percent subsidiary of Absa Group Limited, the Pan African financial services conglomerate headquartered in South Africa, with subsidiaries in 12 ...
This is a list of banks in Tanzania whether licensed commercial banks, community banks, microfinance banks, mortgage banks or development banks. [ 1 ] [ 2 ] Commercial banks
At the end of 2017, Tanzania's total banking assets were valued at TSh 29.97 trillion (US$13.2 billion). [3] At the same time, National Bank of Commerce (Tanzania) was reported to own 5.6 per cent of all national banking assets, [4] translating to TSh 1,768+ trillion (US$779+ million).
Total assets. TSh 1.372 trillion (US$590.574 million) (2021) [1] Website. Company website. Exim Bank (Tanzania) (EBT), is a commercial bank in Tanzania, the second-largest economy in the East African Community. The bank is licensed by the Bank of Tanzania, which is the country's central bank and national banking regulator.
SMFB is a Microfinance Bank that focuses on the micro-finance sector, serving micro, small and medium-sized enterprises.Access Microfinance Bank Tanzania was a member of the AccessBank Group, which is composed of microfinance institutions in Sub-Saharan Africa, Central Asia, and South America, who are majority owned by the AccessHolding conglomerate. [7].
In March 1998, Access Bank changed its legal status and became a public limited company and in the same year, on November 18, entered the Nigeria Stock Exchange. In 2002, Aigboje Aig-Imoukhuede was appointed managing director and Herbert Wigwe , Deputy Managing Director, with the mandate of raising the bank from 65th place to the top 10 in 2007.