NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate and investment banking, wealth management products and services.

Overview

Our history

The Bank traces its origins to 1967 when the Tanzanian Government nationalised all financial institutions, including banks. In 1991, the banking industry was deregulated and six years later, in 1997, the institution then known as National Bank of Commerce, was split into three separate entities:

  • NBC Holding Corporation
  • National Microfinance Bank (NMB)
  • NBC (1997) Limited

In 2000, the South African banking group (Barclays Africa Group), at that time known as Absa Group Limited, acquired a majority stake of 55% in NBC (1997) Limited.

The Government of Tanzania retained a 30% shareholding and the International Finance Corporation (IFC), a member of the World Bank Group, took up 15% shareholding in the bank. The new entity became known as NBC Limited.

Our benchmarks

  • NBC is the only international bank with a presence all over the country
  • With 51 branches and over 230 ATMs, NBC delivers a unique collection and banking capability to our customers
  • Being part of ABSA/Barclays Group, NBC is considered as a truly local bank, with regional presence and global capabilities – a key competitive advantage over both local and international banks
  • NBC currently employs around 1,200 staff across the country

Our values can be summed up as RISES

Respect

We respect and value those we work with and the contribution that they make.

Integrity

We act fairly, ethically and openly in all that we do.

Service

We put our customers and clients at the centre of what we do.

Excellence

We use our energy, skills and resources to deliver the best sustainable results.

Stewardship

We are passionate about leaving things better than we found them.

Our accolades and awards

  1. 2005 Bankers Awards (Corporate Bank of the Year)
  2. 2005 Bankers Awards (Special Technology Awards)
  3. 2009 TRA Compliant Large Tax Payer Award
  4. 2009 African Banker Award (Best Local Bank in Africa)
  5. 2015 Asian Banker Award (Best Retail Bank)
  6. 2015 NBC Voted 2015 – 16 Superbrands
  7. 2017 Best Islamic Retail Bank Award
  8. 2017 NBC Voted 2017 – 18 Superbrands

Need more information or assistance?

Call us:

+255 (0) 768 984 000 | +255 (0) 222 193 000 | +255 (0) 225 511 000

Email us:

 NBC_MarketingDepartment@nbctz.com

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