Suvarna Garge (Editor)

Equity Bank Tanzania Limited

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Type
  
Private

Website
  
Homepage

Founded
  
2012

Industry
  
Financial Services

Headquarters
  
Dar es Salaam

Number of employees
  
230

Key people
  
Samuel Makome, Managing Director

Products
  
Loans, Checking, Savings, Investments, Debit Cards

Total assets
  
US$142.42 million (Q3:2014)

Motto
  
Your Listening, Caring Partner

Parent organization
  
Equity Group Holdings Limited

Profiles

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. 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.

Contents

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. As at 31 June 2016, his bank was the leading originator of mortgage loans in Tanzania, accounting for an estimated TZS:96 billion (approx. US$45 million) in total mortgage loans. At that time this translated in about 20 percent market share of all mortgage loans in the country.

Equity Group Holdings Limited

Equity Group Holdings Limited is a large financial services group in East Africa. 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. The companies that comprise the Equity Bank Group include the following:

  1. Equity Bank Kenya Limited – Nairobi, Kenya
  2. Equity Bank Rwanda Limited – Kigali, Rwanda
  3. Equity Bank South Sudan Limited – Juba, South Sudan
  4. Equity Bank Tanzania Limited – Dar es Salaam, Tanzania
  5. Equity Bank Uganda Limited – Kampala, Uganda
  6. ProCredit Bank Congo SARL – Kinshasa, Democratic Republic of the Congo
  7. Equity Consulting Group Limited – Nairobi, Kenya
  8. Equity Insurance Agency Limited – Nairobi, Kenya
  9. Equity Nominees Limited – Nairobi, Kenya
  10. Equity Investment Services Limited – Nairobi, Kenya
  11. Finserve Africa Limited – Nairobi, Kenya
  12. Equity Group Foundation – Nairobi, 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 October 2016, Equity Bank Tanzania maintained networked branches at the following locations:

  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
  9. Supreme Centre Branch - Dar es Salaam
  10. Dodoma Branch - Dodoma
  11. Temeke Branch - Temeke
  12. Diaspora Branch
  13. Moshi Branch - Moshi
  14. Mbeya Branch - Mbeya
  15. Zanzibar Branch - Zanzibar City, Zanzibar

References

Equity Bank Tanzania Limited Wikipedia