Amana Bank Tanzania - History, Ownership, Network and More

Amana Bank Tanzania – History, Ownership, Network and More

Amana Bank is a Tanzanian commercial bank licensed by The Bank of Tanzania, the banking regulator and the central bank of Tanzania.

Amana Bank PLC Location

The main branch and headquarters of Amana bank are situated at Golden Jubilee Tower, Garden Avenue, in Dar es Salaam’s central business district, Tanzania’s biggest city and financial center. Golden Jubilee Tower’s geographic coordinates are 39°17’21.0″E, 06°48’49.0″S. (Longitude:39.289167; Latitude: -6.813611).

Overview of Amana Bank Limited Tanzania

Amana bank is an Islamic banking organization with a full license. It had roughly 34,000 users as of 2016 July, served by seven branches, five of which were located in Dar es Salaam, the other two in Mwanza and Arusha. The total assets of the bank were evaluated at 204 billion TZS (USD 89.7 million) as of December 31, 2017, with the equity of its shareholders at 23.7 billion TZS (USD 10.43 million).

History of Amana Bank LTD

Amana Bank was founded in 2011 with TZS 27 billion in paid-up capital (about USD 12.6 million as at 2016 valuation). It is Tanzania’s first entirely Sharia-compliant commercial bank. The idea for this bank was hatched in October 2009 by a group of notable Tanzanian business leaders.

Amana Bank Near Me?

Network of Amana Bank Branches

Amana bank had branches in the following places as of 2018 September:

Branch City Street Address  
Amana Bank Head Office (Headquarters) Dar es Salaam Ohio Street Golden Jubilee Tower, 2nd floor  
Tanga Branch Tanga Market Street Uhuru park’s North East  
Mwanza Branch Mwanza Kenyatta Street Plot number 231, Block T, Ground Floor  
Amana Bank Arusha Branch Arusha Corner of Majengo and Wapare streets Hugo Plaza, Ground Floor  
Tandamti Branch Dar es Salaam Tandamti street Opp. Kariakoo Market  
Mbagala Branch Dar es Salaam Mbagala Mbagala Zakhem  
Lumumba Branch Dar es Salaam Lumumba Street Kariakoo  
Nyerere Branch Dar es Salaam Nyerere Road DRTC House  
Pemba Branch Pemba *under development    
Amana Bank Zanzibar Branch Zanzibar *Under Development    

Other Important Things to Know and Frequent Asked Questions About the Amana Banking

Amana bank investment calculator – Not offered in Tanzania but other countries such as Sri Lanka, https://www.amanabank.lk/personal/investment/term-investment.html

Amana Bank Logo
Amana Bank Logo

For more articles related to Financial Services in Tanzania, click here!


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