| Type | Government Owned |
|---|---|
| Industry | Financial services |
| Founded | 1966 |
| Headquarters | Zanzibar, Tanzania |
| Key people | AbdulRahman M. Jumbe, Chairman Juma M. Amour, Managing Director |
| Products | Loans, savings, checking, investments, debit cards, credit cards, mortgages |
| Revenue | Aftertax: US$3.3 million (2009)[1] |
| Total assets | US$79 million (2009) |
| Website | Homepage |
People's Bank of Zanzibar (PBZ), is a commercial bank in Tanzania. It is one of the 29 banks licensed by Bank of Tanzania, the national banking regulator.[2] It is a small, but growing financial institution, with total assets of over US$79 million and shareholder's equity in excess of US$10 million, as of December 2009.[3]
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The bank was founded in 1966 by the Zanzibar government. It functions as a retail bank, serving individuals, small-to=medium businesses as well as large corporations. Its services are limited to the Zanzibar archipelago, including the neighboring island of Pemba.
Peoples Bank of Zanzibar is 100% owned by the Government of Zanzibar.
As of September 2010, PBZ maintains branches at the following locations:[4]