AccessBank Tanzania – Shareholding, Branches, Governance and More
Access Bank Tanzania is a Tanzanian microfinance institution. The Bank of Tanzania, which is Tanzania’s banking regulator and central bank, licenses the bank.
Overview of the AcessBank Tanzania Limited
AccessBank Tanzania specializes in servicing micro, medium-sized and small-sized businesses. The assets of the bank were estimated at USD 109.8 million in December 2014. It possessed 170,065 bank deposit accounts, having a cumulative USD 88.4 million, a USD 71.3 million loan book, and loan accounts totalling 27,516 at the time. It is part of the AccessBank Group, which includes microfinance institutions situated in Central Asia, South America and Sub-Saharan Africa, the majority of which are under the ownership of the AccessHolding conglomerate. The total assets of the bag were evaluated at TZS 207.2 billion (USD 91 million) in June 2017, with TZS:31.73 billion (USD 14 million) in shareholders’ equity.
AccessBank Tanzania had 225,928 savings customers and 31,798 loan customers as of 2016 December. Women made up 29% of the bank’s clientele at the time, while 2% of the clients were from rural areas.
AccessBank Tanzania LTD Shareholding
The following table depicts the Access Bank Tanzania holdings in its stock:
Ownership Percentage | Owner |
5.06 | African Development Bank |
6.73 | KfW |
9.04 | Microvest |
13.06 | International Finance Corporation |
66.11 | AccessHolding |
100.00 | Total |
Access Bank Tanzania Branches
AccessBank Tanzania had branches in the following places as of 2018 July:
Branch | City | Street | Address |
Kijitonyama Branch | Dar es Salaam | New Bagamoyo Road | Dem House, Kijitonyama |
Iringa Branch | Iringa | ||
Mbeya Branch | Mbeya | ||
Tabora Branch | Tabora | Jamhuri Road | NSSF Building |
Kahama Branch | Kahama | Isaka Road | |
Mwanza | Mwanza | Pamba Road | Kishimba Building |
Tumeke Branch | Dar es Salaam | Temeke Street | |
Lumumba Beach | Dar es Salaam | Lumumba Road | Summit tower |
Governance
Dr. Bernd Zattler, a German national, chairs the board of Directors which has five members. Mr Julius Ruwaichi is the bank’s CEO and Managing Director.
Access Bank Tanzania Careers
https://www.accessmfb.co.tz/jobs/
For more articles related to Financial Services in Tanzania, click here!