Maendeleo Bank Plc
DATE LISTED: 09 September 2013
IPO PRICE (TZS): 600
Maendeleo Bank Plc (MBP) was registered as a Limited Company on February 2011. In September, 9th 2013, Maendeleo Bank Plc.started business as a regional bank; the bank was issued with a licence number NBA 00026 to carry out banking business.
Maendeleo Bank plc. became the first bank in Tanzania to be registered in to Dar es Salaam Stock Exchange (DSE) and hence became Public Limited Company (PLC) from its start.