About Ecobank
Ecobank is committed to economic development across sub-Sahara Africa. In October 1985 the first Ecobank affiliate opened in Togo.
Despite the political upheaval of the 1980’s in Africa, and against all odds, the Ecobank Group opened branches in five African countries in 1988. From 1997 to 2001 the group’s coverage increased from five to twelve countries.
Today, the Ecobank Group is a world-class institution and a torchbearer for Africa. With a presence in 35 sub-Sahara African countries, the Ecobank brand is synonymous with banking in Africa.
Ecobank Tanzania Limited
Ecobank Tanzania Limited is a Subsidiary of Ecobank Transnational Incorporated (ETI) a multinational Bank Presenting 33 African Countries. Ecobank began its operations in Tanzania on the 19th January 2010 which enables the bank to commence provision of fully commercial banking services to the public. The bank currently has 5 branches (Dar es Salaam branches include: Acacia, Mwenge and PSPF branch; upcountry; Arusha and Mwanza; these branches are strategically located bringing financial advice closer to Tanzanians and easy of cross border trade due to the Banks wide network.
Ecobank Tanzania currently has 7 ATMs all accepting VISA, MasterCards, China UnionPAy and PAN African Cards (PAC).
Distribution Channels
The Bank strategically locates its retail outlets in the fastest growing towns and cities in Tanzania, leveraging on its footprint to gain competitive advantage and delivering its products and services through these principal channels:
- 5 Branches network,
- 7 ATMs,
- Telephone Banking services through the Ecobank Contact Centre / Toll free number 0800110021
- Remote banking on Ecobank’s Internet Banking platform, Mobile Banking and other E-Banking platforms
| At the Year End | 2019 (Tshs’ 000) | 2018 (Tshs’ 000) |
|---|---|---|
| Total Assets | 214,975,124 | 214,698,208 |
| Total Deposits | 121,249,704 | 118,524,091 |
| Shareholder’s Equity | 28,684,424 | 25,804,985 |
| Number of Branches | 5 | 7 |
| For the Financial Year | 2019 (Tshs’ 000) | 2018 (Tshs’ 000) |
|---|---|---|
| Profit After Tax | -17,020,593 | -14,111,600 |
General Information
Area: 947,300 squares kilometers of land
Capital: Dodoma
Principal cities: Dar es Salam, Dodoma, Arusha, Tanga, Mbeya and Mwanza
Official language: Swahili, English
Independence day: 9th December 1961; Union day: 26th April 1964
Population: The estimated 2018 population of Tanzania is 59.09 million
Demographic growth: 2.032% (2010 est.)
Life expectancy: 52.49 years (CIA 2010 est.)
Literacy rate: 69.4% (2002 census)
Religion(s): Mainland – Christian 30%, Muslim 35%, indigenous beliefs 35%; Zanzibar – more than 99% Muslim
Human development index: Increase 0.521
Currency: Tanzanian Shilling (TZS)
GDP: $49.18 billion
GDP per capital: $998
Growth rate: 6% (2009 est.)
Rate of unemployment: N/A
Rate of inflation: 12.1% (2009 est.)
Export partners: India 8.51%, China 7.55%, Japan 7.12%, Netherlands 6.21%, UAE 5.71%, Germany 5.17% (2009)
Import partners: India 13.97%, China 13.71%, South Africa 7.8%, Kenya 6.89%, UAE 4.65%, Japan 4.34% (2009)
Contribution of various sectors to GDP: agriculture: 26.4%, industry: 22.6%, services: 50.9% (2009 est.)
Ecobank Loan
Ecobank lends property and cash loans at the rate you need, there are loans for entrepreneurs and small business owners who need to grow their businesses and capital according to their income. Ecobank gives you the opportunity for a businessman & entrepreneur to borrow the amount of money you need. they also offer property and cash loans to government employees and companies click here so you can check the methods and criteria for getting a loan.
Personal Loan
The freedom to borrow and pay back slowly
Personal Loan is an all-purpose loan, offering you flexible repayment plans and the option to access additional funds after repayment over time. So whatever you’re financing, it’s easy to lean on us.
Ecobank Address, Location and Contact Details
- Phone: +255 74 68 10 300
- Toll free number: 800 11 0021
- Email: ecobankenquiries@ecobank.com
- Website: https://ecobank.com
Job Vacancies, career and Internships at Ecobank
NMB uses creative recruitment practices that ensure all applicants are carefully evaluated. Ecobank Job vacancies are normally advertised through the Official Ecobank Tanzania career website page which can be accessed through this link –
Find and apply for jobs advertised by Ecobank by browsing the links listed below:
Ecobank useful links
- Ecobank website: https://www.ecobank.com/tz/personal-banking/countries
- Ecobank job vacancies – careers page:
- Ecobank Loan: https://www.ecobank.com/tz/personal-banking/products-services/loans
