About People’s Bank of Zanzibar
PBZ BANK is one among the oldest commercial banks in Tanzania. It is fully owned by the Government of Zanzibar. PBZ BANK is the only bank in Tanzania with its head office in Zanzibar. It dominates the Zanzibar market with about 50% of the market share formed of the cosmopolitan population of over 1.0 million people. Zanzibar enjoys leading tourist investments from various countries.
The People’s Bank of Zanzibar Limited (PBZ) as Government owned commercial bank offering both Islamic and Conventional Banking Services, was established on June 30, 1966 and incorporated under Cap. 153 of the Zanzibar Companies Decree which has been repealed and replaced by Companies Act No.15 of 2013. The bank has one subsidiary which is MuCoBa Bank Plc owned by 75%.
MuCoBa Bank Plc was incorporated in Tanzania under the Companies Act, No 12 of 2002 as public limited in June 1999. Due to expansion of its operational area the name was changed from Mufindi Community Bank to MuCoBa Bank Public Limited Company from May 29, 2014. The bank was listed in Dar es salaam Stock Exchange (DSE) on June 8, 2016.
To be a leading provider of innovating and high quality financial services to our retail and corporate customers in Tanzania and beyond.
To provide banking solutions to our retail and corporate customers by developing innovating and high quality products and services at competitive and affordable cost through its network.
We ensure that we closely associate our values to Excellence, Integrity, Accountability and Teamwork with our company’s brand
PBZ’s branch network covers the Islands of Zanzibar, Dar Es Salaam and Mtwara, The bank has sixteen (16) branches and seven (7) service delivery centers. Out of sixteen branches, seven (7) branches offering Islamic Banking services located at Mwanakwerekwe, Mpirani, Chakechake and Wete for Zanzibar, and Lumumba, Tazara and Mtwara for Tanzania Mainland. Other nine (9) branches are offering traditional (conventional) banking services. These branches are Forodhani, Malindi, Mlandege, Mwanakwerekwe, Chakechake and Wete for Zanzibar. Whereas in Tanzania Mainland are Kariakoo, Tazara and Mtwara. Services delivery centers for conventional banking are Malindi, Mazizini, Kiwengwa and Mkoani for Zanzibar. For Mainland is Kigamboni. Service delivery centers for Islamic Banking in Zanzibar are Corporate Islamic Service Center Malindi and Malindi Islamic Service Center Funguni whilst in Mainland is Tandika.
People’s Bank of Zanzibar Location and Contact Information
Phone: +255 24 223 4579
Vacancies and Internships at People’s Bank of Zanzibar
People’s Bank of Zanzibar Job vacancies are normally advertised through the Official People’s Bank of Zanzibar Tanzania career website page which can be accessed through this link- https://pbzbank.co.tz/
Find and apply for jobs advertised by People’s Bank of Zanzibar by browsing the links listed below: