CRDB Bank Plc is an African bank and a leading Financial Services Provider in Tanzania with current presence in Tanzania and Burundi, East Africa.
The Bank was established in 1996 and it listed its 2,176,532,160 shares in Dar Es Salaam Stock exchange (DSE) in June 2009 at an IPO price of TZS 150 per share.
CRDB Bank offers a comprehensive range of products such as Corporate, Retail, Business, Treasury, Premier, and wholesale microfinance services through a network of over 120 branches, over 400 ATMs, 15 Depository ATMs, over 13 Mobile branches and 984 Point of Sales (POS) terminals.
DCB was registered as a Limited Company on 6th September 2001. In April 2002, DCB started business as a regional microfinance institution. On 12 June 2003 the bank was issued with a license to carry out banking business as Dar es Salaam Community Bank Limited. In 2005, after only 3 years of its operation, DCB broke-even. In 2008, DCB became the first bank in Tanzania to be listed to Dar es Salaam Stock Exchange (DSE) at an IPO price of 275 where by it listed 67,827,897 shares. In February 2012, the Bank changed its name from Dar es Salaam Community Bank Plc to DCB Commercial Bank plc and in July 2012, the bank was issued with a license to carry out banking business country wide as a fully-fledged Commercial Bank.
DSE is a market place where buyers and sellers of financial instruments meet. The Exchange is the secondary leg of Capital Markets that help avail long term and affordable capital to companies (productive users) from investors (idle holders/savers) with investment motives.
DSE was incorporated in 19 September 1996 and trading started in April 1998. The exchange became operational on 15 April 1998 with TOL Gas Limited listing as the first company followed by the Tanzania Breweries Limited (TBL) during the same year.
On 29 June 2015 the Dar-es-Salaam Stock exchange re-registered to become a public limited company after issuing 15,000,000 shares to the public at an IPO price 500.
MKCB started as an initiative of the Tanzania Episcopal Conference in 2009 to establish a commercial bank with the main objective of serving and supporting the emerging Tanzanian businesses for provision of financial services.
Mkombozi Commercial Bank’s target markets are small and medium sized entrepreneurs, companies, SACCOS, social enterprises such as schools, universities and corporations. MKCB serves the need of growing companies, middle-market and large corporations, institutional investors, financial institutions and government entities.
MKCB issued 5,000,000 shares to the public at an IPO price of TZS 1000 per share under Enterprise Growth Market (EGM).
MuCoBa formerly known as Mufindi Community Bank LTD (MuCoBa) is the oldest community bank in Tanzania incorporated in December 1998 and licensed by Bank of Tanzania (BOT) in May 1999 to offer banking services to the communities of Mufindi and neighboring districts. It opened its doors to the public in June 1999. MuCoBa was formed as a result of increased demand for financial services within the district. The bank listed 8,156,423 shares at an opening price of TZS250 per share in 8th June 2016.
MCB is a commercial bank incorporated in 2012 and is headquartered in Dar es Salaam Tanzania. The genesis of MCB came about as a result of the conditions prevailing in the market at the time of it constitution. It was realized that a number of banks and financial institutions are not easily accessible by teachers` or offer costly products, teachers` required an alternative means to overcome the challenges hence, the teachers`, through Tanzania Teachers` Union (TTU), and the economic wing of TTU, the teachers` Development Company Limited (TDCL) made a decision to establish a bank to serve them and the general public by ensuring minimization of costs of operations while providing affordable and diverse financial solutions.
With the objective is to empower teachers MCB came to DSE to raise capital under the Enterprise growth market by issuing 50,000,000 shares at TZS 500 per share.
NICOL is a Public Company registered in the United Republic of Tanzania, and listed in Dar es salaam Stock Exchange Market under NICO name. The company listed on the Dar es Salaam Stock Exchange on 15 July 2008 at an IPO price of TZS 400 per share. In 2011 the Capital Markets & Securities Authority forced them to de-list as they had not provided financials for 2009, 2010 and engaged in a sale of assets that was not in accordance to the law. At the time of de-listing the company shares were trading for TZS 270/-. However, in 2017 the company re-surfaced and declared its first divided of 25/- per share after 10 years of operations. After the dividend declaration, the company announced its plan for re-listing on 6 June 2018 at 300/- per share.
The principal activity of the company is to acquire or establish and manage business enterprises in key sectors of the economy such as manufacturing, financial services, telecommunications, agriculture, mining and other sectors. The company currently has got two active subsidiaries:Tanzania Fisheries Development Company Limited (TFDC) and Tanzania Meat Company Limited (TMCL).
NMB is one of the largest commercial banks in Tanzania, providing banking services to individuals, small to medium sized corporate clients, as well as large businesses. It was established in 1997 following the break-up of the old National Bank of Commerce which resulted to three new entities namely: NBC Holding Limited, National Bank of Commerce Limited and National Microfinance Bank Limited.
NMB listed 500,000,000 shares in DSE on 31st of October 2008 at an IPO price of 600 per share but it has been opening and closing at 2750 for more than two years.
PAL provides regional and domestic carriage of passengers and cargo by air. The company flies to 11 destinations within and outside Tanzania, including Arusha, Kilimanjaro, Mwanza, Bukoba, Mtwara, Kigoma, Tabora, Zanzibar, Nairobi, Musoma, and Hahaya. The company also provides ground handling services; and distributes the Galileo reservation systems to airlines and travel agents in Tanzania. It operates through a fleet of five 70-seater ATR 72-500, three 48-seater ATR 42-500, and a 48-seater ATR 42-600. The company was incorporated in 1991 and is headquartered in Dar es Salaam, Tanzania.
PAL listed 160,469,800 shares on DSE in 2011 after unsuccessful IPO were by it was under subscribed by more than 50%. The IPO price was 470.
TCCL is a cement company of Tanzania. The company was founded in 1980 in association with the government of Denmark. The Company manufactures, distributes, and sells cement and clinker. Its most famous product is Simba cement which has been produced since 1980. The company was listed on 2002 where by the general public acquired 32.5% of 63,671,045 shares listed.
Samora Avenue, MorogoroRoad, P.O. Box 77049, Dar Es Salaam