About Azania Bank
Azania Bank Limited is the first indigenous private bank in the United Republic of Tanzania, formerly known as 1st Adili Bancorp Limited established in 1995 following the liberalization of the banking sector.
The major shareholders of the Bank include National Social Security Fund (NSSF) 35.27%, Parastatal Public Servant Service Fund (PSSSF) 62%, East African Development Bank (EADB) 1.54% and several indigenous Minority Shareholders including staff holding 1% of the shares.
The Bank is currently providing banking services at 19 locations in Tanzania whereby 14 are full branches and 5 are agencies. There are four branches and one agency in Dar es salaam , branches are Masdo House along Samora Avenue, Kariakoo Branch along Msimbazi Street, Tegeta Branch along Bagamoyo Road and Mwenge Branch near Mwenge Bus Stand. The agency is at Mawasiliano Towers building on the ground floor along Sam Nujoma Road near Ubungo, it is a premise which also hosts the Bank Head office.
In Arusha, the Bank has two branches namely Mbauda along Oljoro road and Arusha City located at Wapare Street in City Centre. In Moshi our branch is at Market Street. In Mwanza the Bank has two branches and one agency, branches are at Mwaloni near Mwaloni Fish Market and the other one is Rock City situated in Rock City Mall in Mwanza, the agency is at Rwagasore street. In Shinyanga the bank has a branch at Kahama town Centre and an agency at Kagongwa. The Bank also has a branch at Geita town centre and an agency in Katoro, both in new Geita region. The Bank also operates an agency at Lamadi in Simiyu Region located along Musoma road.
The bank is a shareholder of Umoja Switch Company which has more than 27 member Banks sharing a common EFT Switch and payment infrastructure platform through ATM’s throughout the country. In this shared infrastructure member banks are now implementing additional services like internet banking that will facilitate online fund transfers through accounts in different banks, mobile banking, online air time recharge, utility bill payments and exploring options for institution of gateway to other international networks like VISA, Master Card etc.
Azania Bank Limited being a full commercial bank offers a range of banking services, which includes funds transfers domestically and internationally through TISS, Western union and Moneygram. At Azania Bank Limited Customers can open Current (Business/ Cheque) accounts and various savings accounts for SMEs, Children and students. Azania Bank Ltd offers a wide range of loan products, such as business loans, Consumer loans and Mortgage facilities. The Bank offer attractive interest rates for Fixed deposits accounts.
Azania Bank Ltd is one of the pioneer banks with an equity investment in Tanzania Mortgage Refinance Company Limited (TMRC), an institution created to provide long term financing to member banks to support creation of a vibrant mortgage market in the country.
Vision & Mission
‘To be a One Stop Financial Center’.
A customer centered bank of choice providing freedom of access to a range of quality financial products and services while enhancing shareholders value using appropriate technology, competent and dedicated staff.
- Professionalism Being skilled, provide good judgment and demonstrate polite behavior
- Accountability Being responsible for your actions
- Integrity Being honest and demonstrate fair judgment
- Teamwork Work together towards the same goal
- Innovation Make changes by introducing new methods, ideas, or products
Organizational Structure and Staff Compliment