Equity Bank Tanzania Limited

Equity Bank Tanzania Limited
Private
Industry Financial Services
Founded 2012
Headquarters Quality Centre Mall
Nyerere Road
Dar es Salaam, Tanzania
Key people
Samuel Makome,
Managing Director
Products Loans, Checking, Savings, Investments, Debit Cards
Total assets US$142.42 million (Q3:2014)
Number of employees
230 (Q3:2014)
Parent Equity Group Holdings Limited
Slogan Your Listening, Caring Partner
Website Homepage

Equity Bank Tanzania Limited, is a commercial bank in Tanzania, the second-largest economy in the East African Community. It is licensed by the Bank of Tanzania, the country's central bank and national banking regulator.[1][2] The bank is a member of the Equity Group Holdings Limited, a large financial services conglomerate, headquartered in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda, South Sudan, Tanzania and Uganda.

Overview

As of September 2014, Equity Bank Tanzania Limited owned total assets valued at US$143.42 million, with US$107.68 million in customer deposits and a loan book of US$87.1 million.[3]

Equity Group Holdings Limited

Equity Group Holdings Limited is a large financial services group in East Africa.[4] As of March 2014, The group had an asset base valued at over US$3.45 billion (KES:295 billion), with a total customer base in excess of 8.7 million, in the region the group serves.[5] The companies that comprise the Equity Bank Group include the following:[6]

  1. Equity Bank Kenya LimitedNairobi, Kenya Kenya
  2. Equity Bank Rwanda LimitedKigali, Rwanda Rwanda
  3. Equity Bank South Sudan Limited – Juba, South Sudan South Sudan
  4. Equity Bank Tanzania LimitedDar es Salaam, Tanzania Tanzania
  5. Equity Bank Uganda LimitedKampala, Uganda Uganda
  6. Equity Consulting Group Limited – Nairobi, Kenya Kenya
  7. Equity Insurance Agency Limited – Nairobi, Kenya Kenya
  8. Equity Nominees Limited – Nairobi, Kenya Kenya
  9. Equity Investment Services Limited – Nairobi, Kenya Kenya
  10. Finserve Africa LimitedNairobi, Kenya Kenya
  11. Equity Group FoundationNairobi, Kenya Kenya

Shares of the stock of Equity Group Holdings Limited, are listed on the Nairobi Stock Exchange (NSE), under the symbol EQTY. The Group's stock is also cross-listed on the Uganda Securities Exchange (USE), under the symbol EBL.

Branches

As of December 2014, Equity Bank Tanzania maintained networked branches at the following locations:[7]

  1. Prestige Branch - Golden Jubilee Tower, Ohio Street, Dar es Salaam - Branch Code: 3006
  2. Mbagala Branch - Kilwa Road, Mbagala, Dar es Salaam -Branch Code:3008
  3. Mwenge Branch - Sam Nujoma Road, Mwenge, Dar es Salaam - Branch Code: 3007
  4. Arusha Branch - Arusha Trade Cenre, Uhuru Road, Arusha - Branch Code: 3002
  5. Mwanza Branch - Postal Road, Opposite Mwanza Hotel, Mwanza - Branch Code: 3005
  6. Quality Centre Branch - Quality Centre Mall, Pugu Road At Nyerere Road, Dar es Salaam - Branch Code: 3001
  7. Kariakoo Branch - Uhuru Road, Opposite JD Pharmacy, Kariakoo, Dar es Salaam -Branch Code: 3003
  8. Golden Jubilee Branch - Golden Jubilee Tower, Ohio Street, Dar es Salaam -Branch Code: 3004

See also

References

  1. BOT, . "Directory of Commercial Banks Operating In Tanzania". Bank of Tanzania (BOT). Retrieved 13 November 2014.
  2. BOT, . (20 February 2012). "Bank of Tanzania Issues Commercial Banking License To Equity Bank Tanzania Limited" (PDF). Bank of Tanzania (BOT). Retrieved 13 November 2014.
  3. MXM, . (October 2013). "MFI Report: Equity Bank Tanzania Limited". MixMarket.Org (MXM). Retrieved 3 December 2014.
  4. Jackson Okoth, and Reuters (31 October 2014). "Equity Bank Posts 25% Jump In 9-Month Pretax Profit". The Standard (Kenya). Retrieved 13 November 2014.
  5. Kangethe, Kennedy (17 April 2014). "Equity Group In 20 Percent Profit Rise to KSh3.8 Billion". Capital FM Online (Nairobi) via AllAfrica.com. Retrieved 13 November 2014.
  6. Wahito, Margaret (31 October 2014). "Equity Bank Restructuring To Form New Holding Company". Capital FM Online (Nairobi). Retrieved 13 November 2014.
  7. EBTL, . "Equity Bank Tanzania Limited: Branches". Equity Bank Tanzania Limited (EBTL). Retrieved 3 December 2014.

External links