Barclays Bank of Tanzania
Subsidiary | |
Industry | Banking |
Founded | 1925 |
Headquarters | Barclay's House, Ohio Street, Kivukoni, Dar es Salaam, Tanzania |
Key people | Abdi Mohamed (Managing Director)[1], Sabiha Gulam (Chief Operating Officer)[2] |
Products | Loans, Transaction accounts, Savings, Investments, Debit Cards |
Revenue |
|
Total assets | US$ 382 million (TZS:634.34 billion) (March 2013) |
Number of employees | 490 (2017) |
Parent | Absa Group |
Website | Company website |
Barclays Bank of Tanzania (BBT), is a commercial bank in Tanzania and a subsidiary of South Africa-based Absa Group Limited. BBT is licensed by the Bank of Tanzania, the country's central bank and national banking regulator.[3]
Location
The headquarters and main branch of Barclays Bank of Tanzania Limited are located in Barclays House, along Ohio Street, in the city of Dar es Salaam, the financial capital and largest city of Tanzania.[4] The geographical coordinates of the bank's headquarters are: 06°48'40.0"S, 39°17'12.0"E (Latitude:-6.811111; Longitude:39.286667).[5]
Overview
BBT is a large financial services provider in Tanzanian, serving large corporations, small-to-medium enterprises, and individuals. As of March 2013, its total assets were valued at about US $382 million (TZS:634.34 billion).[6] As of December 2013, BBT had 87,000 customers and 42 automated teller machines, and maintained 24 networked branches.[7]
History
BBT was established in Tanzania in 1925. In 1967, it was nationalized and converted into the National Bank of Commerce, Tanzania's largest bank by assets. With the liberalization of the economy in the 1990s, Barclays Bank Plc re-entered the country, resuming business in 2000.[8]
As at March 2016, Barclays Bank Plc. was seeking regulatory approval in Tanzania to merge this bank with National Bank of Commerce (Tanzania) in which Barclays maintains 55% shareholding.[9]
Branch network
As of November 2014, BBT maintained a network of 24 branches at the following locations:[10]
- Ohio Street Branch - Barclays House, Ohio Street, Dar es Salaam Main Branch
- Slipway Branch - Msasani, Dar es Salaam
- Magomeni Branch - Magomeni, Dar es Salaam
- Kinondoni Branch - Kinondoni Market, Dar es Salaam
- Mwenge Branch - New Bagamoyo Road, Dar es Salaam
- Mikocheni Branch - Old Bagamoyo Road, Mikocheni, Dar es Salaam
- Pugu Branch - Nyerere Road, Dar es Salaam
- Kisutu Branch - Morogoro Road at Libya Street, Kisutu, Dar es Salaam
- Buguruni Branch - Buguruni, Dar es Salaam
- Uhuru Street Branch - Uhuru Street, Kariakoo, Dar es Salaam
- Arusha Sopa Plaza Branch - Sopa Plaza, Serengeti Road, Arusha
- Arusha TFA Branch - TFA Shopping Center, Arusha
- Mkunguni Street Branch - Mkunguni Street, Kariakoo, Dar es Salaam
- Mbeya Branch - Mwanjelwa, Mbeya
- Morogoro Branch - Lumumba Road, Morogoro
- Moshi Branch - Mawenzi Road, Moshi
- Dodoma Branch - Madukani Road, Dodoma
- Iringa Branch - Iringa
- Mwanza City Centre Branch - Pamba Road, Mwanza
- Tanga Branch - King Street, Tanga
- Zanzibar Main Branch - Zanzibar State Trading Corporation Building, Zanzibar
- Zanzibar Darajani Branch - Darajani Kisiwandui, Zanzibar
See also
References
- ↑ Guguyu, Otiato (28 April 2016). "Barclays Tanzania picks new chief executive". The EastAfrican. Nairobi. Retrieved 28 April 2016.
- ↑ BusinessWeek. "Company Overview of Barclays Bank Tanzania Limited". Bloomberg BusinessWeek. Retrieved 9 November 2014.
- ↑ Bank of Tanzania (30 June 2017). "The Directory of Banks and Financial Institutions Operating in Tanzania as at 30th June 2017" (PDF). Dar es Salaam: Bank of Tanzania. Retrieved 8 May 2018.
- ↑ Barclays Bank of Tanzania (8 May 2018). "Barclays Bank of Tanzania Limited: Head Office". Dar es Salaam: Barclays Bank of Tanzania. Retrieved 8 May 2018.
- ↑ Google (8 May 2018). "Location of the Headquarters of Barclays Bank of Tanzania" (Map). Google Maps. Google. Retrieved 8 May 2018.
- ↑ Corporate Digest, . (18 May 2013). "Barclays Bank Tanzania Manages To Cut Expenses". Cororate-Digest.Com. Retrieved 9 November 2014.
- ↑ Ndzamela, Phakamisa (9 June 2014). "Barclays To Keep Two Tanzanian Banks". Business Day (South Africa). Retrieved 9 November 2014.
- ↑ Barclays Bank Tanzania (2012). "Profile & History of Barclays Bank Tanzania". Barclays Bank Tanzania. Retrieved 9 November 2014.
- ↑ Olingo, Allan (12 March 2016). "Barclays to merge Tanzania units, says it will not split Africa business". The EastAfrican. Nairobi. Retrieved 12 March 2016.
- ↑ Barclays Bank Tanzania, . "The Branch Network of Barclays Bank Tanzania". Barclays Bank Tanzania. Retrieved 9 November 2014.